SO vs UGI: Which Is the Better Dividend Stock?
As of Nov 5, 2026, SO and UGI are closely matched. UGI offers the higher yield at 3.94%, UGI has the higher dividend-safety score, and UGI looks like the better value (its fair-value estimate is 34% above its share price).
Key facts: SO vs UGI
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, UGI Corporation (UGI) has the higher forward dividend yield at 3.94%, versus 3.26% for The Southern Company (SO).
- As of Nov 5, 2026, SmarterDividends grades SO's dividend safety A (90/100) and UGI's A (93/100).
- By SmarterDividends' count as of Nov 5, 2026, SO has raised its dividend for 25 consecutive years and UGI for 0.
- As of Nov 5, 2026, SO pays out 72% of its earnings as dividends and UGI pays out 50%.
- As of Nov 5, 2026, SO's fair-value estimate is 3% below its share price and UGI's fair-value estimate is 34% above its share price, so UGI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SO vs UGI: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/so-vs-ugi
| Metric | SO | UGI |
|---|---|---|
| Forward yield | 3.26% | 3.94% |
| Annual dividend | $3.04 | $1.50 |
| Payout ratio | 72% | 50% |
| Years of growth | 25 yr | 0 yr |
| 5-yr dividend growth | 3.0% | 2.7% |
| 5-yr total return | 53% | -6% |
| Dividend safety score | 90 (A) | 93 (A) |
| Fair value estimate | $91.57 | $50.49 |
| Upside to fair value | -3% | +34% |
| Frequency | quarterly | quarterly |
| Market cap | $108.5B | $8.1B |
| P/E ratio | 22.7 | 12.5 |
Higher yield
UGI
3.94%
Safer dividend
UGI
Grade A
Faster growth
SO
3.0%
Better value
UGI
+34% upside
SO vs UGI — FAQ
Is SO or UGI a better dividend stock?
SO and UGI are closely matched. UGI has the higher yield; UGI scores better on safety.
Which has a higher dividend yield, SO or UGI?
UGI has the higher forward dividend yield at 3.94%, versus 3.26% for SO.
Is SO or UGI safer?
UGI has the higher dividend-safety score (93/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is SO or UGI better value right now?
As of Nov 5, 2026, UGI looks like the better value: its fair-value estimate is 34% above its share price (undervalued). For SO, its fair-value estimate is 3% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.