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SOBO South Bow Corporation — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock· ADR · Energy / Oil & Gas Midstream

$35.94 ▲ $0.43(1.21%) as of Oct 30, 2026 06:20 UTC
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South Bow Corporation (SOBO) operates within the energy infrastructure sector, specializing in the creation and ongoing management of pipeline networks. These vital systems are responsible for conveying crude oil and various other liquid hydrocarbons across extensive regions of both Canada and the United States. The company was established on December 15, 2023, and its primary corporate base is located in Calgary, Canada.

Dividend Snapshot

StatusFlat
Last Dividend$0.5000Paid Oct 15, 2026
Forward Annual$2.00From the $0.5000 dividend declared Aug 05, 2026
FrequencyQuarterly
Last Ex-DateSep 29, 2026The most recent ex-dividend date that has already passed.

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

50/100

Mixed indicators

Complete data

Dividend Growth Score

Not Rated

required input missing: 5-year dividend growth or increase streak

Dividend Value Score

Not Rated

required input missing: yield history

DividendRank

50/100

Middle of the scale

Partial data

How the Dividend Safety Score is built for SOBO
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 91% (TTM to Jun 30, 2026) 33 20%
FCF payout ratioFCF payout ratio 61% (TTM to Jun 30, 2026) 86 25%
Net debt / EBITDANet debt / EBITDA 4.5x (TTM to Jun 30, 2026) 29 15%
Interest coverageInterest coverage 2.6x (TTM to Jun 30, 2026) 39 10%
Dividend record1 year of uninterrupted regular payments 18 20%
Earnings stabilityNet income positive in 3 of the last 3 fiscal years (FY2023–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

5.56%

At the Oct 30, 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

$2.0000

Declared Aug 05, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

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

RSI (14)

62

As of Oct 30, 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

$25.26 – $38.67

Closes through Oct 23, 2026

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

Payout Ratio (FY2025)

97.76%

Fiscal year to Dec 31, 2025

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

1

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 (FY2025)

2.11

At fiscal year-end, Dec 31, 2025

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 a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 50/100, yield 5.56%.
A Accelerating
Dividend growth has stalled — 0 consecutive annual increase(s), under the 3 this check looks for.
F Flawless
No calendar year's regular dividend total fell more than 20% below the year before, and no suspension of the regular dividend is on record.
E Enduring
1 year(s) of payments on record, under the 20 this check looks for.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume1,093,624Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$34.76Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$34.76 – $35.46Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$34.57Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$7.50BAs of Oct 30, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out208.59MImplied by market cap, Oct 30, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (FY2025)$2.08Fiscal year to Dec 31, 2025Earnings 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 (FY2025)18.1At fiscal year-end, Dec 31, 2025Price-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.
Last Ex-DateSep 29, 2026Paid Oct 15, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Why the Yield Moved (90 Days)

SOBO's dividend yield rose from 5.52% to 5.56% over the past ~90 days (+0.04 pp). Of that move, +0.00 pp came from changes in the dividend rate and +0.04 pp from the share price ($36.22 on Aug 03, 2026 → $35.94 on Oct 30, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current5.56%
1-Yr Average6.21%
Low / High5.17% – 7.92%
Percentile27%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), SOBO's current yield is higher than approximately 27% of them. Our stored price history for SOBO covers the past 13 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
$0.5000 Q Regular Aug 05, 2026 Sep 29, 2026 Sep 29, 2026 Oct 15, 2026
$0.5000 Q Regular May 07, 2026 Jun 30, 2026 Jun 30, 2026 Jul 15, 2026
$0.5000 Q Regular Mar 05, 2026 Mar 31, 2026 Mar 31, 2026 Apr 15, 2026
$0.5000 Q Regular Nov 13, 2025 Dec 31, 2025 Dec 31, 2025 Jan 15, 2026
$0.5000 Q Regular Aug 06, 2025 Sep 29, 2025 Sep 29, 2025 Oct 15, 2025
$0.5000 Q Regular May 15, 2025 Jun 30, 2025 Jun 30, 2025 Jul 15, 2025
$0.5000 Q Regular Mar 05, 2025 Mar 31, 2025 Mar 31, 2025 Apr 15, 2025
$0.5000 Q Regular Nov 07, 2024 Dec 31, 2024 Dec 31, 2024 Jan 31, 2025

Peer Comparison

Selected Oil & Gas Midstream dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
HESM Hess Midstream LP 9.90% 10.8% 7 yrs 77
WES Western Midstream Partners, LP 8.12% 18.3% 4 yrs 76
EE Excelerate Energy, Inc. 1.03% N/A 2 yrs 70
EPD Enterprise Products Partners L.P. 5.74% 3.9% 26 yrs 70

Related Guides & Lists

SOBO dividend — frequently asked questions

Does South Bow Corporation pay a dividend?

Yes. South Bow Corporation (SOBO) currently pays a dividend. The annualized dividend is about $2.00 per share, a yield of approximately 5.56%.

What is South Bow Corporation's dividend yield?

South Bow Corporation's dividend yield is approximately 5.56%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does South Bow Corporation pay dividends?

South Bow Corporation pays dividends quarterly — 4 times per year.

How long has South Bow Corporation paid dividends?

South Bow Corporation has 1 years of dividend payments on record.

Data updated Oct 30, 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.