SmarterDividends

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%).

MetricSBSSO
Forward yield0.58%3.19%
Annual dividend$0.03$3.04
Payout ratio58%76%
Years of growth4 yr25 yr
5-yr dividend growth21.1%3.0%
5-yr total return315%45%
Dividend safety score54 (C)90 (A)
Fair value estimate$17.29$93.61
Upside to fair value+201%-2%
Frequencyannualquarterly
Market cap$20.2B$106.5B
P/E ratio11.724.4

Higher yield

SO

3.19%

Safer dividend

SO

Grade A

Faster growth

SBS

21.1%

Better value

SBS

+201% upside

SBS vs SO — FAQ

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