EIX vs SO: Which Is the Better Dividend Stock?
As of Oct 27, 2026, EIX (Edison International) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. EIX offers the higher yield at 6.07%, SO has the higher dividend-safety score, and EIX looks like the better value (its fair-value estimate is 113% above its share price).
Key facts: EIX vs SO
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Edison International (EIX) has the higher forward dividend yield at 6.07%, versus 3.28% for The Southern Company (SO).
- As of Oct 27, 2026, SmarterDividends grades EIX's dividend safety A (84/100) and SO's A (90/100).
- By SmarterDividends' count as of Oct 27, 2026, EIX has raised its dividend for 21 consecutive years and SO for 25.
- As of Oct 27, 2026, EIX pays out 36% of its earnings as dividends and SO pays out 72%.
- As of Oct 27, 2026, EIX's fair-value estimate is 113% above its share price and SO's fair-value estimate is 1% below its share price, so EIX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "EIX vs SO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/eix-vs-so
| Metric | EIX | SO |
|---|---|---|
| Forward yield | 6.07% | 3.28% |
| Annual dividend | $3.51 | $3.04 |
| Payout ratio | 36% | 72% |
| Years of growth | 21 yr | 25 yr |
| 5-yr dividend growth | 5.1% | 3.0% |
| 5-yr total return | -12% | 52% |
| Dividend safety score | 84 (A) | 90 (A) |
| Fair value estimate | $122.95 | $91.60 |
| Upside to fair value | +113% | -1% |
| Frequency | quarterly | quarterly |
| Market cap | $22.2B | $106.5B |
| P/E ratio | 6.0 | 22.3 |
Higher yield
EIX
6.07%
Safer dividend
SO
Grade A
Faster growth
EIX
5.1%
Better value
EIX
+113% upside
EIX vs SO — FAQ
Is EIX or SO a better dividend stock?
On the data, EIX wins more head-to-head categories (5 vs 3). EIX offers the higher yield (6.07%), 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, EIX or SO?
EIX has the higher forward dividend yield at 6.07%, versus 3.28% for SO.
Is EIX or SO safer?
SO has the higher dividend-safety score (90/100 vs 84/100), reflecting stronger payout coverage and dividend-growth history.
Is EIX or SO better value right now?
As of Oct 27, 2026, EIX looks like the better value: its fair-value estimate is 113% above its share price (undervalued). For SO, its fair-value estimate is 1% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.