SmarterDividends

SBS vs SO: Which Is the Better Dividend Stock?

As of September 2026, SBS and SO are closely matched. SO offers the higher yield at 3.55%, SO has the higher dividend-safety score, and SBS trades at the larger discount to fair value (+206%).

MetricSBSSO
Forward yield0.63%3.55%
Annual dividend$0.03$3.04
Payout ratio32%72%
Years of growth4 yr25 yr
5-yr dividend growth21.1%3.0%
5-yr total return323%37%
Dividend safety score57 (C)90 (A)
Fair value estimate$16.23$96.70
Upside to fair value+206%+13%
Frequencyannualquarterly
Market cap$18.7B$98.4B
P/E ratio11.520.6

Higher yield

SO

3.55%

Safer dividend

SO

Grade A

Faster growth

SBS

21.1%

Better value

SBS

+206% upside

SBS vs SO — FAQ

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