KEN vs SO: Which Is the Better Dividend Stock?
As of Oct 27, 2026, KEN and SO are closely matched. KEN offers the higher yield at 5.81%, SO has the higher dividend-safety score, and KEN looks like the better value (its fair-value estimate is 49% above its share price).
Key facts: KEN vs SO
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Kenon Holdings Ltd. (KEN) has the higher forward dividend yield at 5.81%, versus 3.28% for The Southern Company (SO).
- As of Oct 27, 2026, SmarterDividends grades KEN's dividend safety D (46/100) and SO's A (90/100).
- By SmarterDividends' count as of Oct 27, 2026, KEN has raised its dividend for 2 consecutive years and SO for 25.
- As of Oct 27, 2026, KEN pays out 168% of its earnings as dividends and SO pays out 72%.
- As of Oct 27, 2026, KEN's fair-value estimate is 49% above its share price and SO's fair-value estimate is 1% below its share price, so KEN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "KEN vs SO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ken-vs-so
| Metric | KEN | SO |
|---|---|---|
| Forward yield | 5.81% | 3.28% |
| Annual dividend | $3.85 | $3.04 |
| Payout ratio | 168% | 72% |
| Years of growth | 2 yr | 25 yr |
| 5-yr dividend growth | 16.6% | 3.0% |
| 5-yr total return | 41% | 52% |
| Dividend safety score | 46 (D) | 90 (A) |
| Fair value estimate | $98.71 | $91.60 |
| Upside to fair value | +49% | -1% |
| Frequency | annual | quarterly |
| Market cap | $3.5B | $106.5B |
| P/E ratio | 28.9 | 22.3 |
Higher yield
KEN
5.81%
Safer dividend
SO
Grade A
Faster growth
KEN
16.6%
Better value
KEN
+49% upside
KEN vs SO — FAQ
Is KEN or SO a better dividend stock?
KEN and SO are closely matched. KEN has the higher yield; SO scores better on safety.
Which has a higher dividend yield, KEN or SO?
KEN has the higher forward dividend yield at 5.81%, versus 3.28% for SO.
Is KEN or SO safer?
SO has the higher dividend-safety score (90/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.
Is KEN or SO better value right now?
As of Oct 27, 2026, KEN looks like the better value: its fair-value estimate is 49% above its share price (undervalued). For SO, its fair-value estimate is 1% below its share price.
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