Southern Company (The) Series 2
SOJDStock · quarterly payer
Forward Yield
6.86%
Annual Dividend
$1.24
Payout Ratio
—
5-Yr Growth
-1.5%
Ex-Date
—
Frequency
Quarterly
Summary
As of September 2026, Southern Company (The) Series 2 (SOJD) yields 6.86% ($1.24 per share annually), with a blended fair-value estimate of $24.63 — +36% upside, so it screens as undervalued. Dividend safety grade: B (69/100).
Is SOJD a good dividend stock?
Yes, with caveatsSouthern Company (The) Series 2 (SOJD) pays a quarterly dividend yielding 6.86% ($1.24/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
- 6.86%
- Payout Ratio
- —
- Annual Dividend
- $1.24
- 5-Yr Avg Growth
- -1.5%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -32%
- 52-Week Range
- $17.29 – $22.23
- Dividend Safety
- B · 69/100
- Ever Cut?
- No
Frequently Asked Questions
SOJD Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
-11%
5 Years
-32%
52-Week Range
$17.29 – $22.23
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SOJD worth?
Undervaluedlow confidenceOur blended fair-value estimate for Southern Company (The) Series 2 is $24.63 per share, versus a market price of $18.10. That implies 36% of upside — a margin of safety of about 27%.
Fair Value
$24.63
Current Price
$18.10
Upside
+36%
Margin of Safety
27%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 9.1% stage-1 growth, 2.5% terminal growth, $1.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SOJD Dividend Safety Score
Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 29, 2026 | — | $0.3090 | regular |
| Apr 29, 2026 | — | $0.3090 | regular |
| Jan 29, 2026 | — | $0.3090 | regular |
| Oct 29, 2025 | — | $0.3090 | regular |
| Jul 29, 2025 | — | $0.3090 | regular |
| Apr 29, 2025 | — | $0.3090 | regular |
| Jan 29, 2025 | — | $0.3090 | regular |
| Oct 29, 2024 | — | $0.3090 | regular |
| Jul 29, 2024 | — | $0.3090 | regular |
| Apr 26, 2024 | — | $0.3090 | regular |
| Jan 26, 2024 | — | $0.3090 | regular |
| Oct 26, 2023 | — | $0.3090 | regular |
| Jul 27, 2023 | — | $0.3090 | regular |
| Apr 27, 2023 | — | $0.3090 | regular |
Income Calculator
At $1.24 / yr per share
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