SmarterDividends

CNLTP 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. CNLTP offers the higher yield at 6.58%, CNLTP 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: CNLTP vs SO

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, The Connecticut Light and Power Company (CNLTP) has the higher forward dividend yield at 6.58%, versus 3.28% for The Southern Company (SO).
  • As of Oct 27, 2026, SmarterDividends grades CNLTP's dividend safety A (94/100) and SO's A (90/100).
  • By SmarterDividends' count as of Oct 27, 2026, CNLTP has raised its dividend for 0 consecutive years and SO for 25.
  • As of Oct 27, 2026, CNLTP's fair-value estimate is 14% 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, "CNLTP vs SO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cnltp-vs-so

MetricCNLTPSO
Forward yield6.58%3.28%
Annual dividend$2.20$3.04
Payout ratio—72%
Years of growth0 yr25 yr
5-yr dividend growth0.0%3.0%
5-yr total return-34%52%
Dividend safety score94 (A)90 (A)
Fair value estimate$28.79$91.60
Upside to fair value-14%-1%
Frequencyquarterlyquarterly
Market cap—$106.5B
P/E ratio0.422.3

Higher yield

CNLTP

6.58%

Safer dividend

CNLTP

Grade A

Faster growth

SO

3.0%

Better value

SO

-1% upside

CNLTP vs SO — FAQ

Is CNLTP or SO a better dividend stock?

On the data, SO wins more head-to-head categories (5 vs 2). CNLTP offers the higher yield (6.58%), while CNLTP has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, CNLTP or SO?

CNLTP has the higher forward dividend yield at 6.58%, versus 3.28% for SO.

Is CNLTP or SO safer?

CNLTP has the higher dividend-safety score (94/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.

Is CNLTP 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 CNLTP, its fair-value estimate is 14% below its share price.

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