SmarterDividends

EONGY 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. SO offers the higher yield at 3.26%, SO has the higher dividend-safety score, and SO looks like the better value (its fair-value estimate is 3% below its share price).

Key facts: EONGY vs SO

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, The Southern Company (SO) has the higher forward dividend yield at 3.26%, versus 3.13% for E.ON SE (EONGY).
  • As of Nov 5, 2026, SmarterDividends grades EONGY's dividend safety C (64/100) and SO's A (90/100).
  • By SmarterDividends' count as of Nov 5, 2026, EONGY has raised its dividend for 3 consecutive years and SO for 25.
  • As of Nov 5, 2026, EONGY pays out 44% of its earnings as dividends and SO pays out 72%.
  • As of Nov 5, 2026, EONGY's fair-value estimate is 7% below its share price and SO's fair-value estimate is 3% below its share price, so SO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "EONGY vs SO: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/eongy-vs-so

MetricEONGYSO
Forward yield3.13%3.26%
Annual dividend$0.67$3.04
Payout ratio44%72%
Years of growth3 yr25 yr
5-yr dividend growth4.4%3.0%
5-yr total return71%53%
Dividend safety score64 (C)90 (A)
Fair value estimate$20.30$91.57
Upside to fair value-7%-3%
Frequencyannualquarterly
Market cap$56.8B$108.5B
P/E ratio14.522.7

Higher yield

SO

3.26%

Safer dividend

SO

Grade A

Faster growth

EONGY

4.4%

Better value

SO

-3% upside

EONGY vs SO — FAQ

Is EONGY or SO a better dividend stock?

On the data, SO wins more head-to-head categories (5 vs 3). SO offers the higher yield (3.26%), 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, EONGY or SO?

SO has the higher forward dividend yield at 3.26%, versus 3.13% for EONGY.

Is EONGY or SO safer?

SO has the higher dividend-safety score (90/100 vs 64/100), reflecting stronger payout coverage and dividend-growth history.

Is EONGY or SO better value right now?

As of Nov 5, 2026, SO looks like the better value: its fair-value estimate is 3% below its share price (fairly valued). For EONGY, its fair-value estimate is 7% below its share price.

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