SO – Dividend Returns, History & Calculator

Dividend Contender 24 Years

Dividend Data

Div Yield 3.47%
5Y Avg Yield 3.72%
Current Div $0.760
Payouts/Year 4
Annualized $3.040
Previous Div $0.760
Ex-date Aug 17, 2026
Dividend Pay Date Sep 8, 2026

Price Data

Price $87.50
Price Change -0.75
Price Change % -0.86%
Next Earnings Report Oct 29, 2026
Low (52W) $83.80
High (52W) $100.84

Growth Rates

Chowder Number 6.4
DGR 1Y 2.7%
DGR 3Y 2.8%
DGR 5Y 2.9%
DGR 10Y 3.1%

Total Returns

TTR 1Y - With Specials 1.3%
TTR 3Y - With Specials 14.0%
TTR 1Y - No Specials 1.3%
TTR 3Y - No Specials 14.0%

Fair Value

Fair Value (P/E 10) $66.36
FV (P/E 10) % 32.0%
Fair Value (Peter Lynch) $20.75
FV (Peter Lynch) % 322.0%
Fair Value (Blended) $72.55
FV (Blended) % 21.0%

Financial Metrics

Revenue 1Y 10.6%
NPM 15.4%
CF/Share $9.26
ROE 11.5%
Current R 0.8x
Debt/Capital 64.0%
ROTC 4.5%
P/E 21.1x
P/BV 2.5x
PEG 2.27

Company Info

Symbol SO
Company Southern Company (The)
Sector Utilities
Industry Utilities - Regulated Electric
Website Visit
Market Cap $100,651.0M
📊 Financial data last updated: August 31, 2026 2:38 pm

Calculate your SO Dividend Returns

Quickly and easily calculate SO dividend yield using our SO calculator. Adjust the fields below to see how your SO investments snowball over time.

Show Idealized Scenario (Assumes all future extra investments and dividends are made on Day 1 and reinvested instantly — this creates a best-case scenario for compounding growth.)

Portfolio Growth Over Time

Data last updated: September 1, 2026 2:35 am

Year-by-Year Portfolio Growth (Realistic DRIP Scenario)

YearStart BalanceStart SharesShare PriceDividend / ShareDividend YieldYield on CostAnnual DividendTotal DividendsEnd SharesEnd Balance
1$10,000114$88.00$0.763.45%3.45%$376$376132$11,576
2$12,217132$92.88$0.783.37%3.56%$443$819149$13,861
3$14,628149$98.02$0.813.30%3.67%$513$1,332167$16,342
4$17,247167$103.45$0.833.22%3.79%$587$1,919184$19,033
5$20,088184$109.18$0.863.15%3.90%$663$2,582201$21,951
6$23,167201$115.23$0.893.07%4.02%$743$3,326218$25,111
7$26,502218$121.62$0.913.00%4.15%$827$4,153235$28,529
8$30,110235$128.35$0.942.93%4.28%$915$5,068251$32,225
9$34,010251$135.46$0.972.87%4.41%$1,007$6,075267$36,217
10$38,223267$142.97$1.002.80%4.55%$1,102$7,177283$40,526

SO Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
08/17/202608/17/2026$0.7603.25%3.29%$92.29
05/18/202605/18/2026$0.7603.18%3.24%$93.71
02/17/202602/17/2026$0.7403.22%3.22%$92.00
11/17/202511/17/2025$0.7403.25%3.27%$90.58
08/18/202508/18/2025$0.7403.14%3.19%$92.85
05/19/202505/19/2025$0.7403.24%3.31%$89.48
02/18/202502/18/2025$0.7203.35%3.35%$85.89
11/18/202411/18/2024$0.7203.25%3.27%$88.04
08/19/202408/19/2024$0.7203.27%3.31%$86.94
05/17/202405/17/2024$0.7203.55%3.62%$79.54
02/16/202402/16/2024$0.7004.21%4.21%$66.48
11/17/202311/17/2023$0.7003.98%4.01%$69.77
08/18/202308/18/2023$0.7004.07%4.13%$67.81
05/12/202305/12/2023$0.7003.74%3.82%$73.35
02/17/202302/17/2023$0.6804.08%4.08%$66.63
11/18/202211/18/2022$0.6804.12%4.15%$65.57
08/12/202208/12/2022$0.6803.43%3.48%$78.12
05/13/202205/13/2022$0.6803.61%3.69%$73.65
02/18/202202/18/2022$0.6604.14%4.14%$63.77
11/12/202111/12/2021$0.6604.23%4.27%$61.89
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Invest in SO with Interactive Brokers

SO 10-yr Total Return ($10,000 invested)

This analysis of SO demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 11.7% CAGR, representing strong long-term performance. The DRIP strategy provided 20% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.

With DRIP No DRIP

Total Return with and without DRIP (SO)

Over the selected period, investing $10,000 in SO would grow to $47,978 with DRIP (379.8%), and $37,259 without DRIP (272.6%).

SO Dividend Reinvestment Snowball

Investing $10,000 + $100/mo in SO with historic price growth (5.54%) and dividend growth (3.10%) produces dramatically different outcomes depending on whether you reinvest dividends.

After 20 Years

Your Investment: $34,000

With DRIP

Portfolio: $109,614

Annual Dividend: $2,372

Yield on Cost: 6.98%

Total Dividends: $23,999

No DRIP

Portfolio: $90,928

Total Dividends: $18,255

After 30 Years

Your Investment: $46,000

With DRIP

Portfolio: $244,770

Annual Dividend: $4,193

Yield on Cost: 9.11%

Total Dividends: $55,702

No DRIP

Portfolio: $178,267

Total Dividends: $37,717

Milestones on the way

By year 13, the compounding really starts to show. Your total dividends collected reach $10,937 against a total investment of $25,600. At this point, your portfolio is throwing off $1,464 per year in dividends alone.

By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $1,951, a powerful “income on autopilot” milestone.

After two decades, cumulative dividends total $23,999 versus $34,000 invested, nearly a 71% recovery of capital purely from income. Yield on cost reaches 6.98%.

At year 25, the income engine takes over. The portfolio’s annual dividend of $3,195 is greater than total contributions to date ($40,000), and cumulative dividends exceed $37,620.

By year 30, the DRIP snowball is in full force. Yearly income reaches $4,193, cumulative dividends total $55,702, and the DRIP portfolio value stands at $244,770, compared with $178,267 if dividends weren’t reinvested.

How we estimate these numbers

We use the latest calculator inputs for SO, price $88.00, dividend per period $0.76 (4x/year), along with historic growth assumptions: price growth 5.54% and dividend growth 3.10% annually.

We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No-DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.

This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.

Projected Future Returns & Dividends for SO

Based on past 10-year performance, here are SO growth metrics:

Share price CAGR of +12.16%
Dividend CAGR of +3.12%

Using SO CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:

SO (DRIP)SO (No DRIP)
Current Price$91.43$91.43
Start Shares109.37109.37
Start Value$10,000$10,000
After 10 years:
Final Share Count135.36109.37
Dividends Payment$4.13$4.13
Annual Dividends$552$452
Yield on cost5.52%4.52%
Share Price$288.08$288.08
Total Dividends$4,447$3,953
Final Value$38,995$35,461

Estimated Future Value + Dividends – SO

Dividend History: Payments & Yield

Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.

Yield Dividend

Dividend Growth

Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.

Dividend

Dividend Payments & Yield

Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.

Dividend 5-yr Rolling AVG Yield

SO Dividend History

Ex-Date Payment Date Amount TTM Yield Forward Yield Price on Ex-Date
08/17/202608/17/2026$0.7603.25%3.29%$92.29
05/18/202605/18/2026$0.7603.18%3.24%$93.71
02/17/202602/17/2026$0.7403.22%3.22%$92.00
11/17/202511/17/2025$0.7403.25%3.27%$90.58
08/18/202508/18/2025$0.7403.14%3.19%$92.85
05/19/202505/19/2025$0.7403.24%3.31%$89.48
02/18/202502/18/2025$0.7203.35%3.35%$85.89
11/18/202411/18/2024$0.7203.25%3.27%$88.04
08/19/202408/19/2024$0.7203.27%3.31%$86.94
05/17/202405/17/2024$0.7203.55%3.62%$79.54
02/16/202402/16/2024$0.7004.21%4.21%$66.48
11/17/202311/17/2023$0.7003.98%4.01%$69.77
08/18/202308/18/2023$0.7004.07%4.13%$67.81
05/12/202305/12/2023$0.7003.74%3.82%$73.35
02/17/202302/17/2023$0.6804.08%4.08%$66.63
11/18/202211/18/2022$0.6804.12%4.15%$65.57
08/12/202208/12/2022$0.6803.43%3.48%$78.12
05/13/202205/13/2022$0.6803.61%3.69%$73.65
02/18/202202/18/2022$0.6604.14%4.14%$63.77
11/12/202111/12/2021$0.6604.23%4.27%$61.89
08/13/202108/13/2021$0.6603.97%4.03%$65.53
05/14/202105/14/2021$0.6603.96%4.05%$65.11
02/12/202102/12/2021$0.6404.26%4.26%$60.10
11/13/202011/13/2020$0.6403.98%4.01%$63.90
08/14/202008/14/2020$0.6404.71%4.78%$53.56
05/15/202005/15/2020$0.6404.76%4.87%$52.54
02/14/202002/14/2020$0.6203.59%3.59%$69.02
11/15/201911/15/2019$0.6203.96%3.99%$62.20
08/16/201908/16/2019$0.6204.25%4.31%$57.48
05/17/201905/17/2019$0.6204.50%4.61%$53.82
02/15/201902/15/2019$0.6004.94%4.94%$48.56
11/16/201811/16/2018$0.6005.08%5.12%$46.89
08/17/201808/17/2018$0.6005.02%5.11%$46.97
05/18/201805/18/2018$0.6005.48%5.62%$42.73
02/16/201802/16/2018$0.5805.28%5.28%$43.93
11/17/201711/17/2017$0.5804.51%4.55%$50.97
08/17/201708/17/2017$0.5804.76%4.84%$47.92
05/11/201705/11/2017$0.5804.54%4.66%$49.77
02/16/201702/16/2017$0.5604.64%4.64%$48.24
11/17/201611/17/2016$0.5604.68%4.72%$47.50
08/11/201608/11/2016$0.5604.22%4.28%$52.32
05/12/201605/12/2016$0.5604.36%4.47%$50.16
02/11/201602/11/2016$0.5434.52%4.52%$48.05
11/12/201511/12/2015$0.5434.91%4.95%$43.89
08/13/201508/13/2015$0.5434.63%4.71%$46.16
05/14/201505/14/2015$0.5434.91%5.03%$43.18
02/12/201502/12/2015$0.5254.51%4.51%$46.56
10/30/201410/30/2014$0.5254.48%4.52%$46.45
07/31/201407/31/2014$0.5254.77%4.85%$43.29
05/01/201405/01/2014$0.5254.52%4.64%$45.22
01/30/201401/30/2014$0.5074.96%4.96%$40.89
10/31/201310/31/2013$0.5074.92%4.96%$40.91
08/01/201308/01/2013$0.5074.50%4.57%$44.35
05/02/201305/02/2013$0.5074.19%4.29%$47.23
01/31/201301/31/2013$0.4904.43%4.43%$44.23
11/01/201211/01/2012$0.4904.22%4.26%$46.02
08/02/201208/02/2012$0.4904.09%4.16%$47.09
05/03/201205/03/2012$0.4904.22%4.34%$45.19
02/02/201202/02/2012$0.4734.27%4.27%$44.28
11/03/201111/03/2011$0.4734.33%4.37%$43.32
07/28/201107/28/2011$0.4734.67%4.76%$39.76
04/28/201104/28/2011$0.4734.73%4.87%$38.85
02/03/201102/03/2011$0.4554.84%4.84%$37.59
10/28/201010/28/2010$0.4554.77%4.81%$37.81
07/29/201007/29/2010$0.4555.03%5.13%$35.49
04/29/201004/29/2010$0.4555.11%5.25%$34.64
01/28/201001/28/2010$0.4385.48%5.48%$31.95
10/29/200910/29/2009$0.4385.47%5.53%$31.71
07/30/200907/30/2009$0.4385.39%5.50%$31.85
04/30/200904/30/2009$0.4385.88%6.07%$28.88
01/29/200901/29/2009$0.4204.96%4.96%$33.86
10/30/200810/30/2008$0.4204.72%4.76%$35.26
07/31/200807/31/2008$0.4204.65%4.75%$35.39
05/01/200805/01/2008$0.4204.41%4.55%$36.92
01/31/200801/31/2008$0.4034.43%4.43%$36.37
11/01/200711/01/2007$0.4034.49%4.53%$35.60
08/02/200708/02/2007$0.4034.53%4.61%$34.94
05/03/200705/03/2007$0.4034.16%4.28%$37.65
02/01/200702/01/2007$0.3884.27%4.27%$36.33
11/02/200611/02/2006$0.3884.26%4.31%$36.04
08/03/200608/03/2006$0.3884.56%4.65%$33.37
04/27/200604/27/2006$0.3884.70%4.84%$32.07
02/02/200602/02/2006$0.3734.42%4.42%$33.75
11/03/200511/03/2005$0.3734.28%4.32%$34.51
07/28/200507/28/2005$0.3734.16%4.25%$35.14
04/28/200504/28/2005$0.3734.46%4.60%$32.43
02/03/200502/03/2005$0.3584.25%4.28%$33.49
10/28/200410/28/2004$0.3584.52%4.58%$31.30
07/29/200407/29/2004$0.3584.83%4.91%$29.14
04/29/200404/29/2004$0.3504.88%4.88%$28.69
01/29/200401/29/2004$0.3504.64%4.66%$30.02
10/30/200310/30/2003$0.3504.61%4.66%$30.04
07/31/200307/31/2003$0.3504.85%4.92%$28.44
05/01/200305/01/2003$0.3424.81%4.80%$28.51
01/30/200301/30/2003$0.3434.87%4.89%$28.03
10/31/200210/31/2002$0.3434.57%4.62%$29.70
08/01/200208/01/2002$0.3434.89%4.98%$27.55
05/02/200205/02/2002$0.3354.77%4.77%$28.07
01/31/200201/31/2002$0.3355.44%5.44%$24.65
11/01/200111/01/2001$0.3355.04%5.58%$24.00
08/02/200108/02/2001$0.3354.57%5.68%$23.60
05/03/200105/03/2001$0.3354.24%5.99%$22.37
02/01/200102/01/2001$0.2054.71%4.71%$17.39
11/02/200011/02/2000$0.2054.61%4.61%$17.75
08/03/200008/03/2000$0.2055.07%5.07%$16.16
04/27/200004/27/2000$0.2055.15%5.15%$15.88
02/03/200002/03/2000$0.2055.39%5.39%$15.20
Page 1 of 1

Dividend Payout Ratio

Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.

Payout Ratio

Dividend to Free Cash Flow Ratio

Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.

Dividend/FCF Ratio

Share Price

Historical closing price with range controls. Table view includes quarter-over-quarter and year-over-year changes for additional context.

SO Price

Price to Earnings

SO trades at a 94.8x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.

Price to Sales

SO trades at a 15.9x price-to-sales ratio, providing insight into market valuation relative to revenue generation.

Revenue

SO generated $7.0B in revenue.

Net Income

SO reported $1.2B in net income. Net income has grown by 33% over the period.

Revenue vs Net Income

SO generated $7.0B in revenue with net income of $1.2B, representing a 16.8% net profit margin.

Gross Profit

SO achieved $5.5B in gross profit, showing revenue after direct production costs.

Operating Income

SO generated $2.4B in operating income, representing profit from core business operations.

EBITDA

SO generated $2.8B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.

Operating Cash Flow

SO generated $1.4B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.

Free Cash Flow

SO generated $1.1B in free cash flow. Free cash flow has increased by 46% over the period.

Free Cash Flow / Share

SO generates $0.96 in free cash flow per share. FCF per share has grown by 46% over the period.

Earnings Per Share (EPS)

SO reported $1.02 in earnings per share. EPS has grown by 33% over the period.

Return on Equity (ROE)

SO delivered a 14.0% return on equity, indicating how effectively the company generates returns for shareholders.

Return on Assets (ROA)

SO achieved a 8.4% return on assets, measuring how efficiently the company uses its assets to generate profit.

Net Profit Margin

SO maintains a 16.8% net profit margin, showing the percentage of revenue retained as profit after all expenses.

Gross Profit Margin

SO operates with a 79.5% gross profit margin, reflecting pricing power and cost efficiency in core operations.

Cash & Debt

SO holds $1.0B in cash against $0.3B in debt, resulting in a net cash position of $0.7B.

Shares Outstanding

SO has 1.2B shares outstanding.

Stock-Based Comp

SO reported $0.2B in stock-based compensation.

FCF vs Stock Based Comp

SO generated $1.1B in free cash flow while spending $0.2B on stock-based compensation, representing 16% of FCF.

FCF vs FCF / Share

SO reported $1.1B in free cash flow, translating to $0.96 per share.

Revenue: Actual + Estimates

This chart tracks SO revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EPS: Actual + Estimates

This chart tracks SO eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

Net Income: Actual + Estimates

This chart tracks SO net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

EBITDA: Actual + Estimates

This chart tracks SO ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.

About Southern Company (The)

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, const

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Disclaimer: The information on this page is for educational and entertainment purposes only and does not constitute financial advice. Do your own research and consult a qualified financial advisor before making investment decisions. Data sources include Yahoo Finance and other third-party providers and may contain errors or delays.

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