SmarterDividends
SOJE

Southern Company (The) Series 2

SOJE

Stock · quarterly payer

$15.67

Undervalued · +47% Add to Portfolio

Forward Yield

6.71%

Annual Dividend

$1.05

Payout Ratio

—

5-Yr Growth

—

Ex-Date

—

Frequency

Quarterly

Key facts about SOJE's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Southern Company (The) Series 2 (SOJE) has a forward dividend yield of 6.71%, based on an annual dividend of $1.05 per share and a share price of $15.67.
  • As of Oct 18, 2026, SOJE's dividend safety grade from SmarterDividends is B (66 out of 100), which rates the dividend as safe.
  • SOJE has never cut its regular dividend in the payment history SmarterDividends has on record.
  • SOJE's most recent ex-dividend date was Oct 14, 2026, for a dividend of $0.26 per share.
  • As of Oct 18, 2026, SOJE's 6.71% yield is 50% above its five-year average yield of 4.46%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SOJE is $23.03 per share, 47% above the $15.67 share price, so SOJE screens as undervalued.
  • Southern Company (The) Series 2 (SOJE) pays its dividend quarterly, 4 times a year.
  • Southern Company (The) Series 2 (SOJE) has raised its regular dividend 0 times and cut it 0 times across the 21 payments on record since 2021. The regular dividend has not changed in that time.
Cite this page

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

Summary

As of Oct 18, 2026, Southern Company (The) Series 2 (SOJE) yields 6.71% ($1.05 a year per share) and has a dividend safety grade of B (66/100).

Is SOJE a good dividend stock?

Yes, with caveats

Southern Company (The) Series 2 (SOJE) pays a quarterly dividend yielding 6.71% ($1.05/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

  • Share price is down over the past 5 years

Key Data

Dividend Yield
6.71%
Payout Ratio
—
Annual Dividend
$1.05
5-Yr Avg Growth
—
Ex-Dividend Date
—
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
-38%
52-Week Range
$15.28 – $18.81
Dividend Safety
B · 66/100
Ever Cut?
No

SOJE dividend raises and cuts

Southern Company (The) Series 2 (SOJE) has raised its regular dividend 0 times and cut it 0 times across the 21 payments on record since 2021. The regular dividend has not changed in that time.

SOJE ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →SOJE dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is SOJE a good dividend stock?

Yes, with caveats. Southern Company (The) Series 2 (SOJE) pays a quarterly dividend yielding 6.71% ($1.05/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 SOJE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SOJE's fair value is about $23.03 versus a $15.67 share price — so it looks undervalued (+47% vs. fair value).

Is SOJE's dividend safe?

SOJE has a dividend-safety grade of B (66/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is SOJE's fair value?

Our blended fair-value estimate for SOJE is about $23.03 per share, roughly 47% above the current $15.67 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is SOJE a buy, hold, or sell?

We don't issue formal ratings, but on the data SOJE screens as "yes, with caveats" and undervalued. Southern Company (The) Series 2 (SOJE) pays a quarterly dividend yielding 6.71% ($1.05/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 SOJE cut its dividend?

SOJE earns a dividend-safety grade of B (66/100), 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 SOJE pay a dividend?

Yes. Southern Company (The) Series 2 pays a quarterly dividend of about $1.05 per share annually, a forward yield of roughly 6.71%.

What is SOJE's dividend yield?

As of Oct 18, 2026, SOJE's forward dividend yield is 6.71%, based on a $1.05 annual dividend and a $15.67 share price.

What is SOJE's dividend per share?

As of Oct 18, 2026, SOJE pays $1.05 per share per year, distributed on a quarterly basis.

How many years has SOJE grown its dividend?

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

When is the next SOJE ex-dividend date?

As of Oct 18, 2026, SOJE's next ex-dividend date hasn't been announced. The most recent was Oct 14, 2026, for $0.26 per share.