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The Southern Company (SO) Dividend

The Southern Company (SO) pays a forward dividend of $2.96 per share per year — a dividend yield of about 3.07% at the current price of $96.38. Dividends are paid quarterly, and The Southern Company has raised its dividend for roughly 25 consecutive years in our data. Below is SO’s dividend history, yield, payout ratio and key stats — and you can backtest SO in a portfolio for free.

Dividend yield
3.07%
Annual dividend
$2.96
per share
Frequency
Quarterly
Payout ratio
76%
5-yr div growth
2.9%/yr
Growth streak
25 yrs
Price
$96.38
Market cap
$108.6B
P/E ratio
24.9
Beta
0.33
Sector
Utilities
52-week range
$83.80 – $100.84
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Recent SO dividend payments

PeriodDividend / share
May 2026$0.76
Feb 2026$0.74
Nov 2025$0.74
Aug 2025$0.74
May 2025$0.74
Feb 2025$0.72
Nov 2024$0.72
Aug 2024$0.72

Recent ex-dividend or payment periods from our data. Market data via Yahoo Finance, delayed ~24 hours.

About SO’s dividend

The Southern Company’s 3.07% yield is higher than the S&P 500’s roughly 1.3% yield. A dividend-growth streak of about 25 years places it among longer-term dividend growers. A payout ratio near 76% indicates the share of earnings paid out as dividends. These are factual figures, not a recommendation — use them alongside your own research.

SO dividend FAQ

Does SO pay a dividend?

Yes. The Southern Company (SO) pays a dividend of $2.96 per share per year, distributed quarterly.

What is SO’s dividend yield?

The Southern Company’s dividend yield is about 3.07%, based on a $2.96 annual dividend and a share price of $96.38.

How often does SO pay dividends?

SO pays dividends quarterly.

Has SO increased its dividend?

Yes — The Southern Company has raised its dividend for about 25 consecutive years in our data.

What is SO’s payout ratio?

SO’s payout ratio is approximately 76%.

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Not financial advice. Portfolio Calculate is an educational tool. This page shows factual market data (via Yahoo Finance, delayed ~24 hours and provided “as is”) and is not investment, tax, or legal advice or a recommendation to buy or sell SO. Past performance does not guarantee future results. Consult a licensed professional before investing.