SO Dividend History & Yield

The Southern Company · NYSE

Stock Utilities Quarterly payer Dividend growthUtility
$88.99
+1.00% today
as of Sep 8, 2026
TTM yield
3.37%
$3.00/share over the last 12 months
Forward yield
3.42%
$3.04/share indicated annual rate
Annual dividend
$3.04
per share, forward
Per payment
$0.76
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Nov 16, 2026 Estimated
in 69 days
Next pay date
Nov 30, 2026
in 83 days
Last ex-dividend date
Aug 17, 2026
$0.76 per share
Payout ratio
72%
of earnings
Market cap
102.4B
P/E 21.4
5y dividend CAGR
+2.9%
annualised, regular payments
Growth streak
25 yrs
consecutive annual raises
Years paying
44.6
since Jan 26, 1982
1y total return
-0.3%
price -3.6% + dividends 3.3%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Mon, Nov 16, 2026 (in 69 days) Nov 30, 2026 $0.76 $76.00 Estimated
Mon, Feb 15, 2027 (in 160 days) Mar 1, 2027 $0.76 $76.00 Estimated
Mon, May 17, 2027 (in 251 days) May 31, 2027 $0.76 $76.00 Estimated
Mon, Aug 16, 2027 (in 342 days) Aug 30, 2027 $0.76 $76.00 Estimated

Estimated dates and amounts are projected from SO's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $3.04 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from Nov 17, 2016 to Aug 17, 2026; most recent $0.76$0.00$0.40$0.80Nov 17, 2016: $0.56Nov '16Feb 16, 2017: $0.56May 11, 2017: $0.58Aug 17, 2017: $0.58Nov 17, 2017: $0.58Feb 16, 2018: $0.58Feb '18May 18, 2018: $0.60Aug 17, 2018: $0.60Nov 16, 2018: $0.60Feb 15, 2019: $0.60May 17, 2019: $0.62May '19Aug 16, 2019: $0.62Nov 15, 2019: $0.62Feb 14, 2020: $0.62May 15, 2020: $0.64Aug 14, 2020: $0.64Aug '20Nov 13, 2020: $0.64Feb 12, 2021: $0.64May 14, 2021: $0.66Aug 13, 2021: $0.66Nov 12, 2021: $0.66Nov '21Feb 18, 2022: $0.66May 13, 2022: $0.68Aug 12, 2022: $0.68Nov 18, 2022: $0.68Feb 17, 2023: $0.68Feb '23May 12, 2023: $0.70Aug 18, 2023: $0.70Nov 17, 2023: $0.70Feb 16, 2024: $0.70May 17, 2024: $0.72May '24Aug 19, 2024: $0.72Nov 18, 2024: $0.72Feb 18, 2025: $0.72May 19, 2025: $0.74Aug 18, 2025: $0.74Aug '25Nov 17, 2025: $0.74Feb 17, 2026: $0.74May 18, 2026: $0.76Aug 17, 2026: $0.76

Annual dividends per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$2.00$4.002017: $2.30$2.3020172018: $2.38$2.3820182019: $2.46$2.4620192020: $2.54$2.5420202021: $2.62$2.6220212022: $2.70$2.7020222023: $2.78$2.7820232024: $2.86$2.8620242025: $2.94$2.9420252026 (YTD): $2.26$2.262026 YTD

How much SO do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month395$35,128$1,200
$500 / month1,974$175,638$6,000
$1,000 / month3,948$351,276$12,000

Based on the forward yield of 3.42%. $10,000 in SO would currently pay about $342 a year ($28 a month on average). Model reinvestment and growth →

SO dividend history

Show recent only
Ex-datePay dateAmountChange
Aug 17, 2026 $0.76 +0.0%
May 18, 2026 $0.76 +2.7%
Feb 17, 2026 $0.74 +0.0%
Nov 17, 2025 $0.74 +0.0%
Aug 18, 2025 $0.74 +0.0%
May 19, 2025 $0.74 +2.8%
Feb 18, 2025 $0.72 +0.0%
Nov 18, 2024 $0.72 +0.0%
Aug 19, 2024 $0.72 +0.0%
May 17, 2024 $0.72 +2.9%
Feb 16, 2024 $0.70 +0.0%
Nov 17, 2023 $0.70 +0.0%
Aug 18, 2023 $0.70 +0.0%
May 12, 2023 $0.70 +2.9%
Feb 17, 2023 $0.68 +0.0%
Nov 18, 2022 $0.68 +0.0%
Aug 12, 2022 $0.68 +0.0%
May 13, 2022 $0.68 +3.0%
Feb 18, 2022 $0.66 +0.0%
Nov 12, 2021 $0.66 +0.0%
Aug 13, 2021 $0.66 +0.0%
May 14, 2021 $0.66 +3.1%
Feb 12, 2021 $0.64 +0.0%
Nov 13, 2020 $0.64 +0.0%
Aug 14, 2020 $0.64 +0.0%
May 15, 2020 $0.64 +3.2%
Feb 14, 2020 $0.62 +0.0%
Nov 15, 2019 $0.62 +0.0%
Aug 16, 2019 $0.62 +0.0%
May 17, 2019 $0.62 +3.3%
Feb 15, 2019 $0.60 +0.0%
Nov 16, 2018 $0.60 +0.0%
Aug 17, 2018 $0.60 +0.0%
May 18, 2018 $0.60 +3.4%
Feb 16, 2018 $0.58 +0.0%
Nov 17, 2017 $0.58 +0.0%
Aug 17, 2017 $0.58 +0.0%
May 11, 2017 $0.58 +3.6%
Feb 16, 2017 $0.56 +0.0%
Nov 17, 2016 $0.56 +0.0%
Aug 11, 2016 $0.56 +0.0%
May 12, 2016 $0.56 +3.1%
Feb 11, 2016 $0.543 +0.0%
Nov 12, 2015 $0.543 +0.0%
Aug 13, 2015 $0.543 +0.0%
May 14, 2015 $0.543 +3.4%
Feb 12, 2015 $0.525 +0.0%
Oct 30, 2014 $0.525 +0.0%
Jul 31, 2014 $0.525 +0.0%
May 1, 2014 $0.525 +3.6%
Jan 30, 2014 $0.507 +0.0%
Oct 31, 2013 $0.507 +0.0%
Aug 1, 2013 $0.507 +0.0%
May 2, 2013 $0.507 +3.5%
Jan 31, 2013 $0.49 +0.0%
Nov 1, 2012 $0.49 +0.0%
Aug 2, 2012 $0.49 +0.0%
May 3, 2012 $0.49 +3.6%
Feb 2, 2012 $0.473 +0.0%
Nov 3, 2011 $0.473 +0.0%
Jul 28, 2011 $0.473 +0.0%
Apr 28, 2011 $0.473 +4.0%
Feb 3, 2011 $0.455 +0.0%
Oct 28, 2010 $0.455 +0.0%
Jul 29, 2010 $0.455 +0.0%
Apr 29, 2010 $0.455 +3.9%
Jan 28, 2010 $0.438 +0.0%
Oct 29, 2009 $0.438 +0.0%
Jul 30, 2009 $0.438 +0.0%
Apr 30, 2009 $0.438 +4.3%
Jan 29, 2009 $0.42 +0.0%
Oct 30, 2008 $0.42 +0.0%
Jul 31, 2008 $0.42 +0.0%
May 1, 2008 $0.42 +4.2%
Jan 31, 2008 $0.403 +0.0%
Nov 1, 2007 $0.403 +0.0%
Aug 2, 2007 $0.403 +0.0%
May 3, 2007 $0.403 +3.9%
Feb 1, 2007 $0.388 +0.0%
Nov 2, 2006 $0.388 +0.0%
Aug 3, 2006 $0.388 +0.0%
Apr 27, 2006 $0.388 +4.0%
Feb 2, 2006 $0.373 +0.0%
Nov 3, 2005 $0.373 +0.0%
Jul 28, 2005 $0.373 +0.0%
Apr 28, 2005 $0.373 +4.2%
Feb 3, 2005 $0.358 +0.0%
Oct 28, 2004 $0.358 +0.0%
Jul 29, 2004 $0.358 +2.3%
Apr 29, 2004 $0.35 +0.0%
Jan 29, 2004 $0.35 +0.0%
Oct 30, 2003 $0.35 +0.0%
Jul 31, 2003 $0.35 +2.3%
May 1, 2003 $0.342 -0.3%
Jan 30, 2003 $0.343 +0.0%
Oct 31, 2002 $0.343 +0.0%
Aug 1, 2002 $0.343 +2.4%
May 2, 2002 $0.335 +0.0%
Jan 31, 2002 $0.335 +0.0%
Nov 1, 2001 $0.335 +0.0%
Aug 2, 2001 $0.335 +0.0%
May 3, 2001 $0.335 +63.7%
Feb 1, 2001 $0.2047 +0.0%
Nov 2, 2000 $0.2047 +0.0%
Aug 3, 2000 $0.2047 +0.0%
Apr 27, 2000 $0.2047 +0.0%
Feb 3, 2000 $0.2047 +0.0%
Oct 28, 1999 $0.2047 +0.0%
Jul 29, 1999 $0.2047 +0.0%
Apr 29, 1999 $0.2047 +0.0%
Jan 28, 1999 $0.2047 +0.0%
Oct 29, 1998 $0.2047 +0.0%
Jul 30, 1998 $0.2047 +0.0%
Apr 30, 1998 $0.2047 +0.0%
Jan 29, 1998 $0.2047 +3.1%
Oct 30, 1997 $0.1985 +0.0%
Jul 31, 1997 $0.1985 +0.0%
May 1, 1997 $0.1985 +0.0%
Jan 30, 1997 $0.1985 +3.2%
Oct 31, 1996 $0.1924 +0.0%
Aug 1, 1996 $0.1924 +0.0%
May 2, 1996 $0.1924 +0.0%
Feb 1, 1996 $0.1924 +3.3%
Nov 2, 1995 $0.1863 +0.0%
Aug 3, 1995 $0.1863 +0.0%
Apr 25, 1995 $0.1863 +0.0%
Jan 31, 1995 $0.1863 +3.4%
Nov 1, 1994 $0.1802 +0.0%
Jul 26, 1994 $0.1802 +0.0%
Apr 26, 1994 $0.1802 +0.0%
Feb 1, 1994 $0.1802 +3.5%
Oct 26, 1993 $0.1741 +0.0%
Jul 27, 1993 $0.1741 +0.0%
Apr 27, 1993 $0.1741 +0.0%
Jan 26, 1993 $0.1741 +3.6%
Oct 27, 1992 $0.168 +0.0%
Jul 28, 1992 $0.168 +0.0%
Apr 28, 1992 $0.168 +0.0%
Jan 28, 1992 $0.168 +2.8%
Oct 29, 1991 $0.1634 +0.0%
Jul 30, 1991 $0.1634 +0.0%
Apr 30, 1991 $0.1634 +0.0%
Jan 29, 1991 $0.1634 +0.0%
Oct 30, 1990 $0.1634 +0.0%
Jul 31, 1990 $0.1634 +0.0%
May 1, 1990 $0.1634 +0.0%
Jan 30, 1990 $0.1634 +0.0%
Oct 31, 1989 $0.1634 +0.0%
Aug 1, 1989 $0.1634 +0.0%
Apr 25, 1989 $0.1634 +0.0%
Jan 31, 1989 $0.1634 +0.0%
Nov 1, 1988 $0.1634 +0.0%
Jul 26, 1988 $0.1634 +0.0%
Apr 26, 1988 $0.1634 +0.0%
Jan 26, 1988 $0.1634 +0.0%
Oct 27, 1987 $0.1634 +0.0%
Jul 28, 1987 $0.1634 +0.0%
Apr 28, 1987 $0.1634 +0.0%
Jan 27, 1987 $0.1634 +0.0%
Oct 28, 1986 $0.1634 +4.9%
Jul 29, 1986 $0.1558 +0.0%
Apr 29, 1986 $0.1558 +0.0%
Jan 28, 1986 $0.1558 +0.0%
Oct 29, 1985 $0.1558 +6.3%
Jul 30, 1985 $0.1466 +0.0%
Apr 30, 1985 $0.1466 +0.0%
Jan 29, 1985 $0.1466 +0.0%
Oct 30, 1984 $0.1466 +6.7%
Jul 31, 1984 $0.1375 +0.0%
May 1, 1984 $0.1375 +0.0%
Jan 31, 1984 $0.1375 +0.0%
Nov 1, 1983 $0.1375 +5.9%
Jul 26, 1983 $0.1298 +0.0%
Apr 26, 1983 $0.1298 +0.0%
Feb 1, 1983 $0.1298 +0.0%
Oct 26, 1982 $0.1298 +0.0%
Jul 27, 1982 $0.1298 +4.9%
Apr 27, 1982 $0.1237 +0.0%
Jan 26, 1982 $0.1237

Payout risk check

Yield-trap heuristicLow risk

SO scores 0/100 on our yield-trap heuristic (low risk).

No warning flags: the payout ratio, yield level, 5-year cut history and price trend all look ordinary.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About The Southern Company

The Southern Company, through its subsidiaries, engages in the sale of electricity. The company offers electric service to retail customers and wholesale customers; and energy-related products and services to natural gas choice markets. It also develops, constructs, acquires, owns, operates, and manages power generation assets, as well as battery energy storage projects; sells electricity at market-based rates in the wholesale market; and deploys microgrids for commercial, industrial, governmental, and utility customers.

Sector: Utilities. Industry: Utilities - Regulated Electric. First dividend on our records: Jan 26, 1982. 179 payments tracked.

SO dividend FAQ

When is SO's next ex-dividend date?

SO's next ex-dividend date is Nov 16, 2026 (in 69 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.76 per share, expected on Nov 30, 2026.

How often does SO pay dividends?

SO pays dividends every quarter, 4 times a year. The most recent payment was $0.76 per share with an ex-date of Aug 17, 2026.

What is SO's dividend yield?

SO's trailing 12-month dividend yield is 3.37%, based on $3.00 per share paid over the last year and a share price of $88.99. The forward yield, using the indicated annual rate of $3.04 per share, is 3.42%.

How much does SO pay per share?

SO pays about $0.76 per share each quarter, which works out to roughly $3.04 per share a year. 100 shares would collect about $304.00 a year.

Has SO grown or cut its dividend?

SO has raised its annual dividend for 25 consecutive years. Over the last 5 years the regular payout has grown at 2.9% a year (+2.7% over the last year). There has been no cut to a regular payment in the last 5 years.

How many shares of SO do I need to earn $100 a month?

At the current forward yield of 3.42%, you would need about 395 shares of SO (roughly $35,128 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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