SmarterDividends

ETR 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: ETR 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 2.43% for Entergy Corporation (ETR).
  • As of Nov 5, 2026, SmarterDividends grades ETR's dividend safety A (89/100) and SO's A (90/100).
  • By SmarterDividends' count as of Nov 5, 2026, ETR has raised its dividend for 11 consecutive years and SO for 25.
  • As of Nov 5, 2026, ETR pays out 59% of its earnings as dividends and SO pays out 72%.
  • As of Nov 5, 2026, ETR's fair-value estimate is 21% 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, "ETR vs SO: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/etr-vs-so

MetricETRSO
Forward yield2.43%3.26%
Annual dividend$2.72$3.04
Payout ratio59%72%
Years of growth11 yr25 yr
5-yr dividend growth5.5%3.0%
5-yr total return117%53%
Dividend safety score89 (A)90 (A)
Fair value estimate$86.50$91.57
Upside to fair value-21%-3%
Frequencyquarterlyquarterly
Market cap$52.6B$108.5B
P/E ratio25.222.7

Higher yield

SO

3.26%

Safer dividend

SO

Grade A

Faster growth

ETR

5.5%

Better value

SO

-3% upside

ETR vs SO — FAQ

Is ETR 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, ETR or SO?

SO has the higher forward dividend yield at 3.26%, versus 2.43% for ETR.

Is ETR or SO safer?

SO has the higher dividend-safety score (90/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.

Is ETR 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 ETR, its fair-value estimate is 21% below its share price.

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