SO vs SOMN: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. SO offers the higher yield at 3.33%, SO 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: SO vs SOMN
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, The Southern Company (SO) has the higher forward dividend yield at 3.33%, versus 1.85% for The Southern Company (SOMN).
- By SmarterDividends' count as of Oct 18, 2026, SO has raised its dividend for 25 consecutive years and SOMN for 0.
- As of Oct 18, 2026, SO's fair-value estimate is 1% 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, "SO vs SOMN: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/so-vs-somn
| Metric | SO | SOMN |
|---|---|---|
| Forward yield | 3.33% | 1.85% |
| Annual dividend | $3.04 | $2.98 |
| Payout ratio | 72% | — |
| Years of growth | 25 yr | 0 yr |
| 5-yr dividend growth | 3.0% | — |
| 5-yr total return | 49% | — |
| Dividend safety score | 90 (A) | — |
| Fair value estimate | $91.87 | $80.47 |
| Upside to fair value | +1% | +67% |
| Frequency | quarterly | annual |
| Market cap | $104.9B | — |
| P/E ratio | 22.0 | — |
Higher yield
SO
3.33%
Safer dividend
SO
Grade A
Faster growth
SO
3.0%
Better value
SOMN
+67% upside
SO vs SOMN — FAQ
Is SO or SOMN a better dividend stock?
On the data, SO wins more head-to-head categories (3 vs 1). SO offers the higher yield (3.33%), 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, SO or SOMN?
SO has the higher forward dividend yield at 3.33%, versus 1.85% for SOMN.
Is SO or SOMN safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is SO 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 SO, its fair-value estimate is 1% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.