CEG vs SOMN: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SOMN (The Southern Company) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. SOMN offers the higher yield at 1.85%, CEG has the higher dividend-safety score, and SOMN looks like the better value (its fair-value estimate is 67% above its share price).
Key facts: CEG vs SOMN
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, The Southern Company (SOMN) has the higher forward dividend yield at 1.85%, versus 0.63% for Constellation Energy Corporation (CEG).
- By SmarterDividends' count as of Oct 18, 2026, CEG has raised its dividend for 3 consecutive years and SOMN for 0.
- As of Oct 18, 2026, CEG's fair-value estimate is 2% below its share price and SOMN's fair-value estimate is 67% above its share price, so SOMN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CEG vs SOMN: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ceg-vs-somn
| Metric | CEG | SOMN |
|---|---|---|
| Forward yield | 0.63% | 1.85% |
| Annual dividend | $1.71 | $2.98 |
| Payout ratio | 16% | — |
| Years of growth | 3 yr | 0 yr |
| 5-yr dividend growth | — | — |
| 5-yr total return | 465% | — |
| Dividend safety score | 77 (B) | — |
| Fair value estimate | $267.26 | $80.47 |
| Upside to fair value | -2% | +67% |
| Frequency | quarterly | annual |
| Market cap | $96.1B | — |
| P/E ratio | 26.5 | — |
Higher yield
SOMN
1.85%
Safer dividend
CEG
Grade B
Faster growth
CEG
—
Better value
SOMN
+67% upside
CEG vs SOMN — FAQ
Is CEG or SOMN a better dividend stock?
On the data, SOMN wins more head-to-head categories (3 vs 1). SOMN offers the higher yield (1.85%), while CEG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CEG or SOMN?
SOMN has the higher forward dividend yield at 1.85%, versus 0.63% for CEG.
Is CEG or SOMN safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is CEG or SOMN better value right now?
As of Oct 18, 2026, SOMN looks like the better value: its fair-value estimate is 67% above its share price (undervalued). For CEG, its fair-value estimate is 2% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.