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SO Dividend

The Southern Company

NYSEUtilitiesStockData as of
Dividend yield
3.62%
Annual dividend
$3.00
Payout ratio
0.67
Frequency
Quarterly
Share price
$82.88
Market cap
$95.3B

Is SO a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is above the market median3.62% against a median of 2.92% across US dividend payers.
  • Dividend uses most of earningsA payout ratio of 0.67 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
  • No annual reduction on recordAcross 44 complete years of payment history, the total paid has never fallen year on year.
  • Raised for 25 consecutive yearsA long record of increases suggests both the cash generation to fund them and a management commitment to maintaining them. This figure is derived from payment history and is approximate.

SO dividend history

Annual dividend per share, 1982 to 2025.

1982199019982006201420222025
Peak $2.96 in 2025Typical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for SO, most recent first.
Ex-dividend datePay dateAmountType
$0.7600Quarterly
$0.7600Quarterly
$0.7400Quarterly
$0.7400Quarterly
$0.7400Quarterly
$0.7400Quarterly
$0.7200Quarterly
$0.7200Quarterly
$0.7200Quarterly
$0.7200Quarterly
$0.7000Quarterly
$0.7000Quarterly
$0.7000Quarterly
$0.7000Quarterly
$0.6800Quarterly
$0.6800Quarterly
$0.6800Quarterly
$0.6800Quarterly
$0.6600Quarterly
$0.6600Quarterly
$0.6600Quarterly
$0.6600Quarterly
$0.6400Quarterly
$0.6400Quarterly
$0.6400Quarterly
$0.6400Quarterly
$0.6200Quarterly
$0.6200Quarterly
$0.6200Quarterly
$0.6200Quarterly
$0.6000Quarterly
$0.6000Quarterly
$0.6000Quarterly
$0.6000Quarterly
$0.5800Quarterly
$0.5800Quarterly
$0.5800Quarterly
$0.5800Quarterly
$0.5600Quarterly
$0.5600Quarterly

How much would SO pay you?

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SO appears in

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Frequently asked questions

Does SO pay a dividend?
Yes. The Southern Company pays a quarterly dividend, currently yielding 3.62% based on trailing twelve-month payments of $3.00 per share.
How much does SO pay in dividends?
$3.00 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next SO ex-dividend date?
No upcoming ex-dividend date is currently on record for SO. Dates appear here once the company declares them.