CPXWF vs SO: Which Is the Better Dividend Stock?
As of Nov 5, 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. CPXWF offers the higher yield at 4.34%, SO has the higher dividend-safety score, and CPXWF looks like the better value (its fair-value estimate is 24% above its share price).
Key facts: CPXWF vs SO
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Capital Power Corporation (CPXWF) has the higher forward dividend yield at 4.34%, versus 3.26% for The Southern Company (SO).
- As of Nov 5, 2026, SmarterDividends grades CPXWF's dividend safety B (66/100) and SO's A (90/100).
- By SmarterDividends' count as of Nov 5, 2026, CPXWF has raised its dividend for 10 consecutive years and SO for 25.
- As of Nov 5, 2026, CPXWF's fair-value estimate is 24% above its share price and SO's fair-value estimate is 3% below its share price, so CPXWF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CPXWF vs SO: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cpxwf-vs-so
| Metric | CPXWF | SO |
|---|---|---|
| Forward yield | 4.34% | 3.26% |
| Annual dividend | $2.01 | $3.04 |
| Payout ratio | 532% | 72% |
| Years of growth | 10 yr | 25 yr |
| 5-yr dividend growth | 5.2% | 3.0% |
| 5-yr total return | 52% | 53% |
| Dividend safety score | 66 (B) | 90 (A) |
| Fair value estimate | $57.68 | $91.57 |
| Upside to fair value | +24% | -3% |
| Frequency | quarterly | quarterly |
| Market cap | $7.3B | $108.5B |
| P/E ratio | — | 22.7 |
Higher yield
CPXWF
4.34%
Safer dividend
SO
Grade A
Faster growth
CPXWF
5.2%
Better value
CPXWF
+24% upside
CPXWF vs SO — FAQ
Is CPXWF or SO a better dividend stock?
On the data, SO wins more head-to-head categories (5 vs 3). CPXWF offers the higher yield (4.34%), 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, CPXWF or SO?
CPXWF has the higher forward dividend yield at 4.34%, versus 3.26% for SO.
Is CPXWF or SO safer?
SO has the higher dividend-safety score (90/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is CPXWF or SO better value right now?
As of Nov 5, 2026, CPXWF looks like the better value: its fair-value estimate is 24% above its share price (undervalued). For SO, its fair-value estimate is 3% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.