Dividends
SO Dividend History, Yield & Dates
Dividend Yield · Dividend History · Ex-Dividend Date · Payment Date
SOThe Southern Company
Utilities / Regulated Electric
Low Priority
In Line With Peers
Latest quote
- Momentum80
- Value47
- Quality33
- Risk resilience48
- Sentiment—
SO Dividend answer
The Southern Company (SO) pays a quarterly dividend. Forward dividend yield: 3.24%, or $3.04 a year at the latest dividend. Trailing 12-month yield: 3.20%, from $3.00 per share paid over the past year. Its latest dividend was $0.76 per share. Latest ex-dividend date: Nov 16, 2026. Payment date: Dec 7, 2026. Next dividend status: announced at $0.76 per share.
SO Dividend Snapshot
Yield, annual dividend, latest payment, payout coverage, growth, and dividend history are emphasized for this stock. Yield methodology is labeled separately from payout coverage.
Next SO Dividend Date
When SO next goes ex-dividend, the amount where it has been declared, and whether that state is announced, projected or not yet known.
Next SO dividend
SO's announced dividend calendar data is shown separately from historical payments so future dates do not get blended into completed dividend history.
Latest SO Dividend Dates
Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.
AIQ Dividend bridge
Margins, returns, leverage, and cash conversion support dividend durability.
Yield is more useful when valuation context is not stretched.
Lower drawdown and balance-sheet risk can improve income dependability.
SO Dividend History
Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.
Dividend reliability
Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.
SO Annual Dividend History
SO Dividend Growth
Latest row amount $0.76, event yield 3.25%.
This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.
Dividend growth
- 5-year regular dividend CAGR
- 2.97%
- Cohort rank
- #306
- Cohort standing
- Bottom half
- Utilities rank
- #29
- 2020 regular DPS
- $2.540
- 2025 regular DPS
- $2.940
- Absolute change
- $0.400
- Years increased
- 5
- Years reduced
- 0
SO's split-adjusted regular dividend per share grew at 2.97% a year from 2020 through 2025, ranking #306 among US dividend-paying corporations that never cut the payout in AlgovestIQ's study.
Split-adjusted regular dividends per share, 2020–2025, excluding special dividends. Research as of Sep 19, 2026.
SO Dividend Yield
How SO's trailing 12-month dividend yield is calculated, and what it does and does not account for.
Yield methodology
SO's trailing dividend yield is the regular dividends paid over the last twelve months divided by the latest available share price. Payouts classified as special or supplemental are excluded, because a one-off payment is not recurring income. It is a backward-looking measure and is not the same as a forward yield, which annualises the most recent declared payment instead.
Dividend coverage
Coverage is read from earnings and cash flow rather than from the yield. A payout ratio leaves room, or does not; free cash flow either covers the payment, or the company is funding it another way. These are inputs to a judgement, not a guarantee of future payments.
Recent SO dividend payments
| Ex-date | Dividend | Adjusted | Yield at ex-date | Frequency | TTM adjusted | Declared | Record date | Payment date |
|---|---|---|---|---|---|---|---|---|
| Aug 17, 2026 | $0.76 | $0.76 | 3.25% | Quarterly | $3.00 | Jul 20, 2026 | Aug 17, 2026 | Sep 8, 2026 |
| May 18, 2026 | $0.76 | $0.76 | 3.18% | Quarterly | $2.98 | Apr 20, 2026 | May 18, 2026 | Jun 8, 2026 |
| Feb 17, 2026 | $0.74 | $0.74 | 3.22% | Quarterly | $2.96 | Jan 28, 2026 | Feb 17, 2026 | Mar 6, 2026 |
| Nov 17, 2025 | $0.74 | $0.74 | 3.25% | Quarterly | $2.94 | Oct 20, 2025 | Nov 17, 2025 | Dec 8, 2025 |
| Aug 18, 2025 | $0.74 | $0.74 | 3.14% | Quarterly | $2.92 | Jul 21, 2025 | Aug 18, 2025 | Sep 8, 2025 |
Show older history+35 rows
| May 19, 2025 | $0.74 | $0.74 | 3.24% | Quarterly | $2.90 | Apr 21, 2025 | May 19, 2025 | Jun 6, 2025 |
| Feb 18, 2025 | $0.72 | $0.72 | 3.35% | Quarterly | $2.88 | Jan 28, 2025 | Feb 18, 2025 | Mar 6, 2025 |
| Nov 18, 2024 | $0.72 | $0.72 | 3.25% | Quarterly | $2.86 | Oct 15, 2024 | Nov 18, 2024 | Dec 6, 2024 |
| Aug 19, 2024 | $0.72 | $0.72 | 3.27% | Quarterly | $2.84 | Jul 15, 2024 | Aug 19, 2024 | Sep 6, 2024 |
| May 17, 2024 | $0.72 | $0.72 | 3.55% | Quarterly | $2.82 | Apr 22, 2024 | May 20, 2024 | Jun 6, 2024 |
| Feb 16, 2024 | $0.70 | $0.70 | 4.21% | Quarterly | $2.80 | Jan 18, 2024 | Feb 20, 2024 | Mar 6, 2024 |
| Nov 17, 2023 | $0.70 | $0.70 | 3.98% | Quarterly | $2.78 | Oct 16, 2023 | Nov 20, 2023 | Dec 6, 2023 |
| Aug 18, 2023 | $0.70 | $0.70 | 4.07% | Quarterly | $2.76 | Jul 17, 2023 | Aug 21, 2023 | Sep 6, 2023 |
| May 12, 2023 | $0.70 | $0.70 | 3.74% | Quarterly | $2.74 | Apr 17, 2023 | May 15, 2023 | Jun 6, 2023 |
| Feb 17, 2023 | $0.68 | $0.68 | 4.08% | Quarterly | $2.72 | Jan 20, 2023 | Feb 21, 2023 | Mar 6, 2023 |
| Nov 18, 2022 | $0.68 | $0.68 | 4.12% | Quarterly | $2.70 | Oct 18, 2022 | Nov 21, 2022 | Dec 6, 2022 |
| Aug 12, 2022 | $0.68 | $0.68 | 3.43% | Quarterly | $2.68 | Jul 18, 2022 | Aug 15, 2022 | Sep 6, 2022 |
| May 13, 2022 | $0.68 | $0.68 | 3.61% | Quarterly | $2.66 | Apr 19, 2022 | May 16, 2022 | Jun 6, 2022 |
| Feb 18, 2022 | $0.66 | $0.66 | 4.14% | Quarterly | $2.64 | Jan 14, 2022 | Feb 22, 2022 | Mar 7, 2022 |
| Nov 12, 2021 | $0.66 | $0.66 | 4.23% | Quarterly | $2.62 | Oct 18, 2021 | Nov 15, 2021 | Dec 6, 2021 |
| Aug 13, 2021 | $0.66 | $0.66 | 3.97% | Quarterly | $2.60 | Jul 19, 2021 | Aug 16, 2021 | Sep 7, 2021 |
| May 14, 2021 | $0.66 | $0.66 | 3.96% | Quarterly | $2.58 | Apr 19, 2021 | May 17, 2021 | Jun 7, 2021 |
| Feb 12, 2021 | $0.64 | $0.64 | 4.26% | Quarterly | $2.56 | Jan 15, 2021 | Feb 16, 2021 | Mar 8, 2021 |
| Nov 13, 2020 | $0.64 | $0.64 | 3.97% | Quarterly | $2.54 | Oct 19, 2020 | Nov 16, 2020 | Dec 7, 2020 |
| Aug 14, 2020 | $0.64 | $0.64 | 4.71% | Quarterly | $2.52 | Jul 20, 2020 | Aug 17, 2020 | Sep 8, 2020 |
| May 15, 2020 | $0.64 | $0.64 | 4.76% | Quarterly | $2.50 | Apr 20, 2020 | May 18, 2020 | Jun 8, 2020 |
| Feb 14, 2020 | $0.62 | $0.62 | 3.59% | Quarterly | $2.48 | Jan 17, 2020 | Feb 18, 2020 | Mar 6, 2020 |
| Nov 15, 2019 | $0.62 | $0.62 | 3.95% | Quarterly | $2.46 | Oct 21, 2019 | Nov 18, 2019 | Dec 6, 2019 |
| Aug 16, 2019 | $0.62 | $0.62 | 4.24% | Quarterly | $2.44 | Jul 15, 2019 | Aug 19, 2019 | Sep 6, 2019 |
| May 17, 2019 | $0.62 | $0.62 | 4.50% | Quarterly | $2.42 | Apr 15, 2019 | May 20, 2019 | Jun 6, 2019 |
| Feb 15, 2019 | $0.60 | $0.60 | 4.94% | Quarterly | $2.40 | Jan 17, 2019 | Feb 19, 2019 | Mar 6, 2019 |
| Nov 16, 2018 | $0.60 | $0.60 | 5.08% | Quarterly | $2.38 | Oct 15, 2018 | Nov 19, 2018 | Dec 6, 2018 |
| Aug 17, 2018 | $0.60 | $0.60 | 5.02% | Quarterly | $2.36 | Jul 16, 2018 | Aug 20, 2018 | Sep 6, 2018 |
| May 18, 2018 | $0.60 | $0.60 | 5.48% | Quarterly | $2.34 | Apr 16, 2018 | May 21, 2018 | Jun 6, 2018 |
| Feb 16, 2018 | $0.58 | $0.58 | 5.28% | Quarterly | $2.32 | Jan 19, 2018 | Feb 20, 2018 | Mar 6, 2018 |
| Nov 17, 2017 | $0.58 | $0.58 | 4.51% | Quarterly | $2.30 | Oct 16, 2017 | Nov 20, 2017 | Dec 6, 2017 |
| Aug 17, 2017 | $0.58 | $0.58 | 4.76% | Quarterly | — | Jul 18, 2017 | Aug 21, 2017 | Sep 6, 2017 |
| May 11, 2017 | $0.58 | $0.58 | 4.54% | Quarterly | — | Apr 17, 2017 | May 15, 2017 | Jun 6, 2017 |
| Feb 16, 2017 | $0.56 | $0.56 | 4.64% | Quarterly | — | Jan 17, 2017 | Feb 21, 2017 | Mar 6, 2017 |
| Nov 17, 2016 | $0.56 | $0.56 | 4.68% | Quarterly | — | Oct 17, 2016 | Nov 21, 2016 | Dec 6, 2016 |
Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.
A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.
Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.
A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.
SO dividend research links
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Read dividend income beside volatility, drawdown, and risk resilience.
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SO Dividend Comparisons
How SO's income profile compares with the peers it is most often weighed against.
Dividend calculators
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Related Links
SO Dividends FAQ
Does SO pay a dividend?
The Southern Company (SO) has covered dividend payment history on this page, including a latest dividend of $0.76 per share and a quarterly cadence based on available events.
What is SO's dividend yield?
SO's trailing dividend yield is 3.20%. Trailing dividend yield equals dividends paid over the trailing 12 months divided by the latest available share price.
When is SO's next dividend?
SO's next announced dividend is $0.76 per share with an ex-dividend date of Nov 16, 2026 and payment date of Dec 7, 2026.
When is SO's ex-dividend date?
SO's next announced ex-dividend date is Nov 16, 2026.
How has SO's dividend changed?
SO's one-year dividend growth is 2.74% based on comparable covered dividend history.