SmarterDividends

SO vs TXNM: Which Is the Better Dividend Stock?

As of July 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 3.19%, SO has the higher dividend-safety score, and SO trades at the larger discount to fair value (-2%).

MetricSOTXNM
Forward yield3.19%2.94%
Annual dividend$3.04$1.69
Payout ratio76%117%
Years of growth25 yr14 yr
5-yr dividend growth3.0%5.8%
5-yr total return45%16%
Dividend safety score90 (A)75 (B)
Fair value estimate$93.61$41.73
Upside to fair value-2%-27%
Frequencyquarterlyquarterly
Market cap$106.5B$6.4B
P/E ratio24.441.0

Higher yield

SO

3.19%

Safer dividend

SO

Grade A

Faster growth

TXNM

5.8%

Better value

SO

-2% upside

SO vs TXNM — FAQ

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