SmarterDividends

AXIA vs SO: Which Is the Better Dividend Stock?

As of Oct 27, 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. AXIA offers the higher yield at 5.16%, SO has the higher dividend-safety score, and SO looks like the better value (its fair-value estimate is 1% below its share price).

Key facts: AXIA vs SO

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, AXIA Energia (AXIA) has the higher forward dividend yield at 5.16%, versus 3.28% for The Southern Company (SO).
  • As of Oct 27, 2026, SmarterDividends grades AXIA's dividend safety C (55/100) and SO's A (90/100).
  • By SmarterDividends' count as of Oct 27, 2026, AXIA has raised its dividend for 2 consecutive years and SO for 25.
  • As of Oct 27, 2026, AXIA pays out 54% of its earnings as dividends and SO pays out 72%.
  • As of Oct 27, 2026, AXIA's fair-value estimate is 19% below its share price and SO's fair-value estimate is 1% below its share price, so SO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AXIA vs SO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/axia-vs-so

MetricAXIASO
Forward yield5.16%3.28%
Annual dividend$0.53$3.04
Payout ratio54%72%
Years of growth2 yr25 yr
5-yr dividend growth2.8%3.0%
5-yr total return—52%
Dividend safety score55 (C)90 (A)
Fair value estimate$8.27$91.60
Upside to fair value-19%-1%
Frequencyquarterlyquarterly
Market cap$23.3B$106.5B
P/E ratio10.022.3

Higher yield

AXIA

5.16%

Safer dividend

SO

Grade A

Faster growth

SO

3.0%

Better value

SO

-1% upside

AXIA vs SO — FAQ

Is AXIA or SO a better dividend stock?

On the data, SO wins more head-to-head categories (5 vs 2). AXIA offers the higher yield (5.16%), while SO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, AXIA or SO?

AXIA has the higher forward dividend yield at 5.16%, versus 3.28% for SO.

Is AXIA or SO safer?

SO has the higher dividend-safety score (90/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.

Is AXIA or SO better value right now?

As of Oct 27, 2026, SO looks like the better value: its fair-value estimate is 1% below its share price (fairly valued). For AXIA, its fair-value estimate is 19% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.