POR vs SO: Which Is the Better Dividend Stock?
As of Nov 8, 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. POR offers the higher yield at 4.80%, SO has the higher dividend-safety score, and POR looks like the better value (its fair-value estimate is 23% above its share price).
Key facts: POR vs SO
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Portland General Electric Company (POR) has the higher forward dividend yield at 4.80%, versus 3.29% for The Southern Company (SO).
- As of Nov 8, 2026, SmarterDividends grades POR's dividend safety A (82/100) and SO's A (92/100).
- By SmarterDividends' count as of Nov 8, 2026, POR has raised its dividend for 19 consecutive years and SO for 25.
- As of Nov 8, 2026, POR pays out 92% of its earnings as dividends and SO pays out 68%.
- As of Nov 8, 2026, POR's fair-value estimate is 23% above its share price and SO's fair-value estimate is 14% below its share price, so POR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "POR vs SO: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/por-vs-so
| Metric | POR | SO |
|---|---|---|
| Forward yield | 4.80% | 3.29% |
| Annual dividend | $2.21 | $3.04 |
| Payout ratio | 92% | 68% |
| Years of growth | 19 yr | 25 yr |
| 5-yr dividend growth | 5.5% | 3.0% |
| 5-yr total return | -6% | 51% |
| Dividend safety score | 82 (A) | 92 (A) |
| Fair value estimate | $56.49 | $79.02 |
| Upside to fair value | +23% | -14% |
| Frequency | quarterly | quarterly |
| Market cap | $5.5B | $107.5B |
| P/E ratio | 19.6 | 21.1 |
Higher yield
POR
4.80%
Safer dividend
SO
Grade A
Faster growth
POR
5.5%
Better value
POR
+23% upside
POR vs SO — FAQ
Is POR or SO a better dividend stock?
On the data, SO wins more head-to-head categories (5 vs 3). POR offers the higher yield (4.80%), 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, POR or SO?
POR has the higher forward dividend yield at 4.80%, versus 3.29% for SO.
Is POR or SO safer?
SO has the higher dividend-safety score (92/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is POR or SO better value right now?
As of Nov 8, 2026, POR looks like the better value: its fair-value estimate is 23% above its share price (undervalued). For SO, its fair-value estimate is 14% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.