SmarterDividends

SO vs SRE: Which Is the Better Dividend Stock?

As of September 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. SO offers the higher yield at 3.55%, SO has the higher dividend-safety score, and SO trades at the larger discount to fair value (+13%).

MetricSOSRE
Forward yield3.55%3.23%
Annual dividend$3.04$2.63
Payout ratio72%76%
Years of growth25 yr15 yr
5-yr dividend growth3.0%4.3%
5-yr total return37%27%
Dividend safety score90 (A)88 (A)
Fair value estimate$96.70$77.32
Upside to fair value+13%-5%
Frequencyquarterlyquarterly
Market cap$98.4B$53.2B
P/E ratio20.623.6

Higher yield

SO

3.55%

Safer dividend

SO

Grade A

Faster growth

SRE

4.3%

Better value

SO

+13% upside

SO vs SRE — FAQ

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