SBS vs SO: Which Is the Better Dividend Stock?
As of July 2026, SBS and SO are closely matched. SO offers the higher yield at 3.19%, SO has the higher dividend-safety score, and SBS trades at the larger discount to fair value (+201%).
| Metric | SBS | SO |
|---|---|---|
| Forward yield | 0.58% | 3.19% |
| Annual dividend | $0.03 | $3.04 |
| Payout ratio | 58% | 76% |
| Years of growth | 4 yr | 25 yr |
| 5-yr dividend growth | 21.1% | 3.0% |
| 5-yr total return | 315% | 45% |
| Dividend safety score | 54 (C) | 90 (A) |
| Fair value estimate | $17.29 | $93.61 |
| Upside to fair value | +201% | -2% |
| Frequency | annual | quarterly |
| Market cap | $20.2B | $106.5B |
| P/E ratio | 11.7 | 24.4 |
Higher yield
SO
3.19%
Safer dividend
SO
Grade A
Faster growth
SBS
21.1%
Better value
SBS
+201% upside
SBS vs SO — FAQ
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