NEE vs SOMN: Which Is the Better Dividend Stock?
As of Oct 18, 2026, NEE and SOMN are closely matched. NEE offers the higher yield at 3.12%, NEE has the higher dividend-safety score, and SOMN looks like the better value (its fair-value estimate is 67% above its share price).
Key facts: NEE vs SOMN
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, NextEra Energy, Inc. (NEE) has the higher forward dividend yield at 3.12%, versus 1.85% for The Southern Company (SOMN).
- By SmarterDividends' count as of Oct 18, 2026, NEE has raised its dividend for 30 consecutive years and SOMN for 0.
- As of Oct 18, 2026, NEE's fair-value estimate is 5% above its share price and SOMN's fair-value estimate is 67% above its share price, so SOMN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "NEE vs SOMN: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nee-vs-somn
| Metric | NEE | SOMN |
|---|---|---|
| Forward yield | 3.12% | 1.85% |
| Annual dividend | $2.49 | $2.98 |
| Payout ratio | 53% | — |
| Years of growth | 30 yr | 0 yr |
| 5-yr dividend growth | 10.1% | — |
| 5-yr total return | -8% | — |
| Dividend safety score | 90 (A) | — |
| Fair value estimate | $83.50 | $80.47 |
| Upside to fair value | +5% | +67% |
| Frequency | quarterly | annual |
| Market cap | $166.4B | — |
| P/E ratio | 17.9 | — |
Higher yield
NEE
3.12%
Safer dividend
NEE
Grade A
Faster growth
NEE
10.1%
Better value
SOMN
+67% upside
NEE vs SOMN — FAQ
Is NEE or SOMN a better dividend stock?
NEE and SOMN are closely matched. NEE has the higher yield; NEE scores better on safety.
Which has a higher dividend yield, NEE or SOMN?
NEE has the higher forward dividend yield at 3.12%, versus 1.85% for SOMN.
Is NEE or SOMN safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is NEE or SOMN better value right now?
As of Oct 18, 2026, SOMN looks like the better value: its fair-value estimate is 67% above its share price (undervalued). For NEE, its fair-value estimate is 5% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.