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SO The Southern Company — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Utilities / Regulated Electric

$87.17 ▼ $-0.58(-0.66%) as of Sep 14, 2026 03:06 UTC
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The Southern Company operates as an energy utility, primarily involved in the production, transmission, and distribution of electricity. Its operations are segmented into Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services. The company also undertakes the development, construction, acquisition, ownership, and management of various power generation assets, including renewable energy ventures, and supplies electricity to the wholesale market. Complementing its power business, it distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, while also offering gas marketing services, wholesale gas services, and managing gas pipeline investments. Its extensive portfolio of generating assets includes 30 hydroelectric, 24 fossil fuel, three nuclear, 13 combined cycle/cogeneration, 45 solar, 15 wind, one fuel cell, and four battery storage facilities. In terms of natural gas infrastructure, the company builds, operates, and maintains 76,289 miles of pipelines and 14 storage facilities with a total capacity of 157 billion cubic feet, delivering natural gas to residential, commercial, and industrial clients. The Southern Company serves approximately 8.7 million electric and gas utility customers in total. Furthermore, it provides digital wireless communications and fiber optics services. The company was founded in 1945 and maintains its corporate headquarters in Atlanta, Georgia.

Dividend Snapshot

StatusGrowing
Latest Dividend$0.7600
Forward Annual$3.04
FrequencyQuarterly
Last Ex-DateAug 17, 2026
1-Yr Growth2.8%Annual totals, 2024–2025
10-Yr Growth3.2%Annual totals, 2015–2025

Key Metrics

Current Yield

3.49%

At the Sep 14, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$3.0400

The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.

Frequency

Q Quarterly

How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

Rank Score

67.9

As of Sep 14, 2026

Our 0-100 house score blending yield quality, payout sustainability (the trailing-twelve-month payout ratio), profitability (TTM return on equity), valuation (TTM price-to-book) and payment reliability, recomputed daily. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.

RSI (14)

32

As of Sep 14, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$84.08 – $99.72

Closes through Sep 11, 2026

The lowest and highest price over the past year — shows where today's price sits in its recent range.

Payout Ratio (TTM)

66.57%

12 months to Jun 30, 2026 (Q2 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

44

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

2.50

Price as of Sep 14, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is our quick durability read on a dividend — the same four-check test used across the screener and our ranked lists. Solid: a model rank of 70+ and a yield of 2%+; the rank weighs the trailing-twelve-month payout ratio, return on equity and price-to-book. Accelerating: the dividend has grown over time, not stalled. Flawless: an unbroken record with no cuts or suspensions. Enduring: a long enough paying history to weather a cycle. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (model rank 70+ and yield 2%+): rank 68/100, yield 3.49%.
A Accelerating
25 consecutive years of dividend increases.
F Flawless
No dividend cut in the available payment record.
E Enduring
44 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume5,142,073Sep 11, 2026 sessionHow many shares changed hands in the latest session — a rough read on trading activity.
Open$88.37Sep 11, 2026 sessionThe price at the start of the latest trading session.
Day Range$86.99 – $88.65Sep 11, 2026 sessionThe lowest and highest price during the latest trading session.
Prev Close$87.75Close of Sep 10, 2026The closing price from the previous trading session.
Market Cap$100.28BAs of Sep 14, 2026The company's total market value — share price times shares outstanding — on the date shown.
Shares Out1.15BImplied by market cap, Sep 14, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$4.1012 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)20.9Price as of Sep 14, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Ex-DividendAug 17, 2026Buy before this date to receive the upcoming payment. Buy on or after it and the seller keeps that one.
Pay DateSep 08, 2026The date the dividend is actually paid into shareholders' accounts.

Dividend Growth

3-Yr Growth (CAGR)2.9%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
5-Yr Growth (CAGR)3.0%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded. Steady growth signals a healthy, rising payout.
Consecutive Increases25 yrsAnnual totals through 2025The number of years in a row the dividend has increased — a track record of reliability.

Why the Yield Moved (90 Days)

SO's dividend yield rose from 3.22% to 3.49% over the past ~90 days (+0.26 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.26 pp from the share price ($94.31 on Jun 16, 2026 → $87.17 on Sep 14, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current3.49%
1-Yr Average3.23%
Low / High2.97% – 3.52%
Percentile99%

Across 335 daily observations over the past 16 months (through Sep 11, 2026), SO's current yield is higher than approximately 99% of them. Our stored price history for SO covers the past 16 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.7600 Q Regular Jul 20, 2026 Aug 17, 2026 Aug 17, 2026 Sep 08, 2026
$0.7600 Q Regular Apr 20, 2026 May 18, 2026 May 18, 2026 Jun 08, 2026
$0.7400 Q Regular Jan 28, 2026 Feb 17, 2026 Feb 17, 2026 Mar 06, 2026
$0.7400 Q Regular Oct 20, 2025 Nov 17, 2025 Nov 17, 2025 Dec 08, 2025
$0.7400 Q Regular Jul 21, 2025 Aug 18, 2025 Aug 18, 2025 Sep 08, 2025
$0.7400 Q Regular Apr 21, 2025 May 19, 2025 May 19, 2025 Jun 06, 2025
$0.7200 Q Regular Jan 28, 2025 Feb 18, 2025 Feb 18, 2025 Mar 06, 2025
$0.7200 Q Regular Oct 15, 2024 Nov 18, 2024 Nov 18, 2024 Dec 06, 2024
$0.7200 Q Regular Jul 15, 2024 Aug 19, 2024 Aug 19, 2024 Sep 06, 2024
$0.7200 Q Regular Apr 22, 2024 May 17, 2024 May 20, 2024 Jun 06, 2024
$0.7000 Q Regular Jan 18, 2024 Feb 16, 2024 Feb 20, 2024 Mar 06, 2024
$0.7000 Q Regular Oct 16, 2023 Nov 17, 2023 Nov 20, 2023 Dec 06, 2023
$0.7000 Q Regular Jul 17, 2023 Aug 18, 2023 Aug 21, 2023 Sep 06, 2023
$0.7000 Q Regular Apr 17, 2023 May 12, 2023 May 15, 2023 Jun 06, 2023
$0.6800 Q Regular Jan 20, 2023 Feb 17, 2023 Feb 21, 2023 Mar 06, 2023
$0.6800 Q Regular Oct 18, 2022 Nov 18, 2022 Nov 21, 2022 Dec 06, 2022
$0.6800 Q Regular Jul 18, 2022 Aug 12, 2022 Aug 15, 2022 Sep 06, 2022
$0.6800 Q Regular Apr 19, 2022 May 13, 2022 May 16, 2022 Jun 06, 2022
$0.6600 Q Regular Jan 14, 2022 Feb 18, 2022 Feb 22, 2022 Mar 07, 2022
$0.6600 Q Regular Oct 18, 2021 Nov 12, 2021 Nov 15, 2021 Dec 06, 2021
$0.6600 Q Regular Jul 19, 2021 Aug 13, 2021 Aug 16, 2021 Sep 07, 2021
$0.6600 Q Regular Apr 19, 2021 May 14, 2021 May 17, 2021 Jun 07, 2021
$0.6400 Q Regular Jan 15, 2021 Feb 12, 2021 Feb 16, 2021 Mar 08, 2021
$0.6400 Q Regular Oct 19, 2020 Nov 13, 2020 Nov 16, 2020 Dec 07, 2020
$0.6400 Q Regular Jul 20, 2020 Aug 14, 2020 Aug 17, 2020 Sep 08, 2020
$0.6400 Q Regular Apr 20, 2020 May 15, 2020 May 18, 2020 Jun 08, 2020
$0.6200 Q Regular Jan 17, 2020 Feb 14, 2020 Feb 18, 2020 Mar 06, 2020
$0.6200 Q Regular Oct 21, 2019 Nov 15, 2019 Nov 18, 2019 Dec 06, 2019
$0.6200 Q Regular Jul 15, 2019 Aug 16, 2019 Aug 19, 2019 Sep 06, 2019
$0.6200 Q Regular Apr 15, 2019 May 17, 2019 May 20, 2019 Jun 06, 2019
$0.6000 Q Regular Jan 17, 2019 Feb 15, 2019 Feb 19, 2019 Mar 06, 2019
$0.6000 Q Regular Oct 15, 2018 Nov 16, 2018 Nov 19, 2018 Dec 06, 2018
$0.6000 Q Regular Jul 16, 2018 Aug 17, 2018 Aug 20, 2018 Sep 06, 2018
$0.6000 Q Regular Apr 16, 2018 May 18, 2018 May 21, 2018 Jun 06, 2018
$0.5800 Q Regular Jan 19, 2018 Feb 16, 2018 Feb 20, 2018 Mar 06, 2018
$0.5800 Q Regular Oct 16, 2017 Nov 17, 2017 Nov 20, 2017 Dec 06, 2017
$0.5800 Q Regular Jul 18, 2017 Aug 17, 2017 Aug 21, 2017 Sep 06, 2017
$0.5800 Q Regular Apr 17, 2017 May 11, 2017 May 15, 2017 Jun 06, 2017
$0.5600 Q Regular Jan 17, 2017 Feb 16, 2017 Feb 21, 2017 Mar 06, 2017
$0.5600 Q Regular Oct 17, 2016 Nov 17, 2016 Nov 21, 2016 Dec 06, 2016
$0.5600 Q Regular Jul 18, 2016 Aug 11, 2016 Aug 15, 2016 Sep 06, 2016
$0.5600 Q Regular Apr 19, 2016 May 12, 2016 May 16, 2016 Jun 06, 2016
$0.5425 Q Regular Jan 14, 2016 Feb 11, 2016 Feb 16, 2016 Mar 07, 2016
$0.5425 Q Regular Oct 19, 2015 Nov 12, 2015 Nov 16, 2015 Dec 04, 2015
$0.5425 Q Regular Jul 20, 2015 Aug 13, 2015 Aug 17, 2015 Sep 05, 2015
$0.5425 Q Regular Apr 20, 2015 May 14, 2015 May 18, 2015 Jun 06, 2015
$0.5250 Q Regular Jan 16, 2015 Feb 12, 2015 Feb 17, 2015 Mar 06, 2015
$0.5250 Q Regular Oct 20, 2014 Oct 30, 2014 Nov 03, 2014 Dec 06, 2014
$0.5250 Q Regular Jul 21, 2014 Jul 31, 2014 Aug 04, 2014 Sep 06, 2014
$0.5250 Q Regular Apr 21, 2014 May 01, 2014 May 05, 2014 Jun 06, 2014
$0.5075 Q Regular Jan 17, 2014 Jan 30, 2014 Feb 03, 2014 Mar 06, 2014
$0.5075 Q Regular Oct 21, 2013 Oct 31, 2013 Nov 04, 2013 Dec 06, 2013
$0.5075 Q Regular Jul 15, 2013 Aug 01, 2013 Aug 05, 2013 Sep 06, 2013
$0.5075 Q Regular Apr 15, 2013 May 02, 2013 May 06, 2013 Jun 06, 2013
$0.4900 Q Regular Jan 18, 2013 Jan 31, 2013 Feb 04, 2013 Mar 06, 2013
$0.4900 Q Regular Oct 15, 2012 Nov 01, 2012 Nov 05, 2012 Dec 06, 2012
$0.4900 Q Regular Jul 16, 2012 Aug 02, 2012 Aug 06, 2012 Sep 06, 2012
$0.4900 Q Regular Apr 17, 2012 May 03, 2012 May 07, 2012 Jun 06, 2012
$0.4725 Q Regular Jan 13, 2012 Feb 02, 2012 Feb 06, 2012 Mar 06, 2012
$0.4725 Q Regular Oct 17, 2011 Nov 03, 2011 Nov 07, 2011 Dec 06, 2011
$0.4725 Q Regular Jul 18, 2011 Jul 28, 2011 Aug 01, 2011 Sep 06, 2011
$0.4725 Q Regular Apr 18, 2011 Apr 28, 2011 May 02, 2011 Jun 06, 2011
$0.4550 Q Regular Jan 13, 2011 Feb 03, 2011 Feb 07, 2011 Mar 05, 2011
$0.4550 Q Regular Oct 18, 2010 Oct 28, 2010 Nov 01, 2010 Dec 06, 2010
$0.4550 Q Regular Jul 19, 2010 Jul 29, 2010 Aug 02, 2010 Sep 04, 2010
$0.4550 Q Regular Apr 19, 2010 Apr 29, 2010 May 03, 2010 Jun 05, 2010
$0.4375 Q Regular Jan 15, 2010 Jan 28, 2010 Feb 01, 2010 Mar 06, 2010
$0.4375 Q Regular Oct 19, 2009 Oct 29, 2009 Nov 02, 2009 Dec 05, 2009
$0.4375 Q Regular Jul 20, 2009 Jul 30, 2009 Aug 03, 2009 Sep 05, 2009
$0.4375 Q Regular Apr 20, 2009 Apr 30, 2009 May 04, 2009 Jun 06, 2009
$0.4200 Q Regular Jan 16, 2009 Jan 29, 2009 Feb 02, 2009 Mar 06, 2009
$0.4200 Q Regular Oct 20, 2008 Oct 30, 2008 Nov 03, 2008 Dec 06, 2008
$0.4200 Q Regular Jul 21, 2008 Jul 31, 2008 Aug 04, 2008 Sep 06, 2008
$0.4200 Q Regular Apr 21, 2008 May 01, 2008 May 05, 2008 Jun 06, 2008
$0.4025 Q Regular Jan 18, 2008 Jan 31, 2008 Feb 04, 2008 Mar 06, 2008
$0.4025 Q Regular Oct 15, 2007 Nov 01, 2007 Nov 05, 2007 Dec 06, 2007
$0.4025 Q Regular Jul 16, 2007 Aug 02, 2007 Aug 06, 2007 Sep 06, 2007
$0.4025 Q Regular Apr 16, 2007 May 03, 2007 May 07, 2007 Jun 06, 2007
$0.3875 Q Regular Jan 12, 2007 Feb 01, 2007 Feb 05, 2007 Mar 06, 2007
$0.3875 Q Regular Oct 16, 2006 Nov 02, 2006 Nov 06, 2006 Dec 06, 2006
$0.3875 Q Regular Jul 17, 2006 Aug 03, 2006 Aug 07, 2006 Sep 06, 2006
$0.3875 Q Regular Apr 17, 2006 Apr 27, 2006 May 01, 2006 Jun 06, 2006
$0.3725 Q Regular Jan 13, 2006 Feb 02, 2006 Feb 06, 2006 Mar 06, 2006
$0.3725 Q Regular Oct 17, 2005 Nov 03, 2005 Nov 07, 2005 Dec 06, 2005
$0.3725 Q Regular Jul 18, 2005 Jul 28, 2005 Aug 01, 2005 Sep 06, 2005
$0.3725 Q Regular Apr 18, 2005 Apr 28, 2005 May 02, 2005 Jun 06, 2005
$0.3575 Q Regular Jan 13, 2005 Feb 03, 2005 Feb 07, 2005 Mar 05, 2005
$0.3575 Q Regular Oct 18, 2004 Oct 28, 2004 Nov 01, 2004 Dec 06, 2004
$0.3575 Q Regular Jul 19, 2004 Jul 29, 2004 Aug 02, 2004 Sep 04, 2004
$0.3500 Q Regular Apr 19, 2004 Apr 29, 2004 May 03, 2004 Jun 05, 2004
$0.3500 Q Regular Jan 15, 2004 Jan 29, 2004 Feb 02, 2004 Mar 06, 2004
$0.3500 Q Regular Oct 20, 2003 Oct 30, 2003 Nov 03, 2003 Dec 06, 2003
$0.3500 Q Regular Jul 21, 2003 Jul 31, 2003 Aug 04, 2003 Sep 06, 2003
$0.3425 Q Regular Apr 21, 2003 May 01, 2003 May 05, 2003 Jun 06, 2003
$0.3425 Q Regular Jan 16, 2003 Jan 30, 2003 Feb 03, 2003 Mar 06, 2003
$0.3425 Q Regular Oct 21, 2002 Oct 31, 2002 Nov 04, 2002 Dec 06, 2002
$0.3425 Q Regular Jul 15, 2002 Aug 01, 2002 Aug 05, 2002 Sep 06, 2002
$0.3350 Q Regular Apr 15, 2002 May 02, 2002 May 06, 2002 Jun 06, 2002
$0.3350 Q Regular Jan 22, 2002 Jan 31, 2002 Feb 04, 2002 Mar 06, 2002
$0.3350 Q Regular Oct 15, 2001 Nov 01, 2001 Nov 05, 2001 Dec 06, 2001
$0.3350 Q Regular Jul 16, 2001 Aug 02, 2001 Aug 06, 2001 Sep 06, 2001
$0.3350 Q Regular Apr 16, 2001 May 03, 2001 May 07, 2001 Jun 06, 2001
$0.3350 Q Regular Jan 17, 2001 Feb 01, 2001 Feb 05, 2001 Mar 06, 2001
$0.3350 Q Regular Oct 16, 2000 Nov 02, 2000 Nov 06, 2000 Dec 06, 2000
$0.3350 Q Regular Jul 17, 2000 Aug 03, 2000 Aug 07, 2000 Sep 06, 2000
$0.3350 Q Regular - Apr 27, 2000 May 01, 2000 Jun 06, 2000
$0.3350 Q Regular Jan 14, 2000 Feb 03, 2000 Feb 07, 2000 Mar 06, 2000
$0.3350 Q Regular Oct 18, 1999 Oct 28, 1999 Nov 01, 1999 Dec 06, 1999
$0.3350 Q Regular Jul 19, 1999 Jul 29, 1999 Aug 02, 1999 Sep 04, 1999
$0.3350 Q Regular Apr 19, 1999 Apr 29, 1999 May 03, 1999 Jun 05, 1999
$0.3350 Q Regular Jan 19, 1999 Jan 28, 1999 Feb 01, 1999 Mar 06, 1999
$0.3350 Q Regular Oct 19, 1998 Oct 29, 1998 Nov 02, 1998 Dec 05, 1998
$0.3350 Q Regular Jul 20, 1998 Jul 30, 1998 Aug 03, 1998 Sep 05, 1998
$0.3350 Q Regular Apr 20, 1998 Apr 30, 1998 May 04, 1998 Jun 06, 1998
$0.3350 Q Regular Jan 21, 1998 Jan 29, 1998 Feb 02, 1998 Mar 06, 1998
$0.3250 Q Regular Oct 20, 1997 Oct 30, 1997 Nov 03, 1997 Dec 06, 1997
$0.3250 Q Regular Jul 21, 1997 Jul 31, 1997 Aug 04, 1997 Sep 06, 1997
$0.3250 Q Regular Apr 21, 1997 May 01, 1997 May 05, 1997 Jun 06, 1997
$0.3250 Q Regular Jan 20, 1997 Jan 30, 1997 Feb 03, 1997 Mar 06, 1997
$0.3150 Q Regular Oct 21, 1996 Oct 31, 1996 Nov 04, 1996 Dec 06, 1996

Peer Comparison

Selected Regulated Electric dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
TEPCF Tohoku Electric Power Company, Incorporated 3.48% -6.7% 0 yrs 78
DUK Duke Energy Corporation 3.63% 2.0% 19 yrs 77
EIX Edison International 6.27% 5.2% 1 yr 74
CGKEF The Chugoku Electric Power Co., Inc. 2.98% -14.7% 0 yrs 74

SO dividend — frequently asked questions

Does The Southern Company pay a dividend?

Yes. The Southern Company (SO) currently pays a dividend. The annualized dividend is about $3.04 per share, a yield of approximately 3.49%.

What is The Southern Company's dividend yield?

The Southern Company's dividend yield is approximately 3.49%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does The Southern Company pay dividends?

The Southern Company pays dividends quarterly — 4 times per year.

How long has The Southern Company paid dividends?

The Southern Company has 44 years of dividend payments on record, and has increased its dividend for 25 consecutive years.

Data updated Sep 14, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.

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