SmarterDividends
SOBO

South Bow Corporation

SOBO

Energy · Stock · quarterly payer

Forward Yield

5.34%

Annual Dividend

$2.00

Payout Ratio

99%

5-Yr Growth

Ex-Date

Jun 30, 2026

Frequency

Quarterly

SOBO Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage99% of earnings paid out
Balance-sheet strengthDebt/equity of 2.17
Yield vs its historyYield is 1.8× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is SOBO a good dividend stock?

Mixed

South Bow Corporation (SOBO) pays a quarterly dividend yielding 5.34% ($2.00/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (99%)

Key Data

Dividend Yield
5.34%
Payout Ratio
99%
Annual Dividend
$2.00
5-Yr Avg Growth
Ex-Dividend Date
Jun 30, 2026
Years of Growth
1
Frequency
quarterly
Beta
Market Cap
$7.8B
P/E Ratio
18.5
5-Yr Total Return
52-Week Range
$25.02 – $38.39
Dividend Safety
C · 56/100
Ever Cut?
No
SOBO ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.00 / yr per share

Per payment (quarterly)$50.00
Annual$200.00
Monthly avg$16.67