CNLTN 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. CNLTN offers the higher yield at 6.66%, CNLTN 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: CNLTN vs SO
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, The Connecticut Light and Power Company (CNLTN) has the higher forward dividend yield at 6.66%, versus 3.28% for The Southern Company (SO).
- As of Oct 27, 2026, SmarterDividends grades CNLTN's dividend safety A (91/100) and SO's A (90/100).
- By SmarterDividends' count as of Oct 27, 2026, CNLTN has raised its dividend for 0 consecutive years and SO for 25.
- As of Oct 27, 2026, CNLTN's fair-value estimate is 13% 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, "CNLTN vs SO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cnltn-vs-so
| Metric | CNLTN | SO |
|---|---|---|
| Forward yield | 6.66% | 3.28% |
| Annual dividend | $2.00 | $3.04 |
| Payout ratio | — | 72% |
| Years of growth | 0 yr | 25 yr |
| 5-yr dividend growth | 0.0% | 3.0% |
| 5-yr total return | -39% | 52% |
| Dividend safety score | 91 (A) | 90 (A) |
| Fair value estimate | $26.17 | $91.60 |
| Upside to fair value | -13% | -1% |
| Frequency | quarterly | quarterly |
| Market cap | — | $106.5B |
| P/E ratio | 0.4 | 22.3 |
Higher yield
CNLTN
6.66%
Safer dividend
CNLTN
Grade A
Faster growth
SO
3.0%
Better value
SO
-1% upside
CNLTN vs SO — FAQ
Is CNLTN or SO a better dividend stock?
On the data, SO wins more head-to-head categories (5 vs 2). CNLTN offers the higher yield (6.66%), while CNLTN has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CNLTN or SO?
CNLTN has the higher forward dividend yield at 6.66%, versus 3.28% for SO.
Is CNLTN or SO safer?
CNLTN has the higher dividend-safety score (91/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is CNLTN 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 CNLTN, its fair-value estimate is 13% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.