SmarterDividends
SOJC

The Southern Company JR 2017B NT 77

SOJC

Stock · quarterly payer

$18.59

Undervalued · +166% Add to Portfolio

Forward Yield

7.06%

Annual Dividend

$2.30

Payout Ratio

—

5-Yr Growth

-0.2%

Ex-Date

—

Frequency

Quarterly

Key facts about SOJC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, The Southern Company JR 2017B NT 77 (SOJC) has a forward dividend yield of 7.06%, based on an annual dividend of $2.30 per share and a share price of $18.59.
  • As of Oct 18, 2026, SOJC's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
  • SOJC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • SOJC's most recent ex-dividend date was Aug 31, 2026, for a dividend of $0.33 per share.
  • SOJC's dividend has shrunk at an average rate of 0.2% a year over the past five years.
  • As of Oct 18, 2026, SOJC's 7.06% yield is 29% above its five-year average yield of 5.49%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SOJC is $49.38 per share, 166% above the $18.59 share price, so SOJC screens as undervalued.
  • The Southern Company JR 2017B NT 77 (SOJC) pays its dividend quarterly, 4 times a year.
  • The Southern Company JR 2017B NT 77 (SOJC) has raised its regular dividend 3 times and cut it 4 times across the 34 payments on record since 2018. Its most recent change was a 2.2% increase to $0.328 per share, going ex-dividend on May 27, 2022. The last cut went ex-dividend on Feb 25, 2022.
Cite this page

SmarterDividends, "SOJC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SOJC

Summary

As of Oct 18, 2026, The Southern Company JR 2017B NT 77 (SOJC) yields 7.06% ($2.30 a year per share) and has a dividend safety grade of B (73/100).

Is SOJC a good dividend stock?

Yes, with caveats

The Southern Company JR 2017B NT 77 (SOJC) pays a quarterly dividend yielding 7.06% ($2.30/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Dividend has been shrinking, not growing
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.06%
Payout Ratio
—
Annual Dividend
$2.30
5-Yr Avg Growth
-0.2%
Ex-Dividend Date
—
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
22.1
5-Yr Total Return
-29%
52-Week Range
$18.11 – $23.12
Dividend Safety
B · 73/100
Ever Cut?
No

SOJC dividend raises and cuts

The Southern Company JR 2017B NT 77 (SOJC) has raised its regular dividend 3 times and cut it 4 times across the 34 payments on record since 2018. Its most recent change was a 2.2% increase to $0.328 per share, going ex-dividend on May 27, 2022. The last cut went ex-dividend on Feb 25, 2022.

Ex-dateChangeOld → newMove
May 27, 2022Raise$0.321 → $0.328+2.2%
Feb 25, 2022Cut$0.328 → $0.321−2.1%
Nov 29, 2021Cut$0.332 → $0.328−1.2%
May 27, 2021Raise$0.321 → $0.332+3.4%
Feb 25, 2021Cut$0.328 → $0.321−2.1%
Nov 27, 2020Cut$0.332 → $0.328−1.2%
May 28, 2020Raise$0.328 → $0.332+1.2%
Every SOJC payment →Download every raise and cut (CSV)
SOJC ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →SOJC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SOJC a good dividend stock?

Yes, with caveats. The Southern Company JR 2017B NT 77 (SOJC) pays a quarterly dividend yielding 7.06% ($2.30/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is SOJC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SOJC's fair value is about $49.38 versus a $18.59 share price — so it looks undervalued (+166% vs. fair value).

Is SOJC's dividend safe?

SOJC has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is SOJC's fair value?

Our blended fair-value estimate for SOJC is about $49.38 per share, roughly 166% above the current $18.59 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SOJC a buy, hold, or sell?

We don't issue formal ratings, but on the data SOJC screens as "yes, with caveats" and undervalued. The Southern Company JR 2017B NT 77 (SOJC) pays a quarterly dividend yielding 7.06% ($2.30/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will SOJC cut its dividend?

SOJC earns a dividend-safety grade of B (73/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does SOJC pay a dividend?

Yes. The Southern Company JR 2017B NT 77 pays a quarterly dividend of about $2.30 per share annually, a forward yield of roughly 7.06%.

What is SOJC's dividend yield?

As of Oct 18, 2026, SOJC's forward dividend yield is 7.06%, based on a $2.30 annual dividend and a $18.59 share price.

What is SOJC's dividend per share?

As of Oct 18, 2026, SOJC pays $2.30 per share per year, distributed on a quarterly basis.

How many years has SOJC grown its dividend?

SOJC does not currently have a long dividend-growth streak on record.

When is the next SOJC ex-dividend date?

As of Oct 18, 2026, SOJC's next ex-dividend date hasn't been announced. The most recent was Aug 31, 2026, for $0.33 per share.

Income Calculator

At $2.30 / yr per share

Per payment (quarterly)$57.50
Annual$230.00
Monthly avg$19.17

Similar Dividend Stocks

NVDANVDANVIDIA Corporation0.47%TechnologyAAPLAAPLApple Inc.0.31%TechnologyGOOGLGOOGLAlphabet Inc.0.26%Communication ServicesGOOGGOOGAlphabet Inc.0.26%Communication Services

Compare SOJC

SOJC vs NVDASOJC vs AAPLSOJC vs GOOGLSOJC vs GOOG

Explore more

Lists and tools related to SOJC