Southern Company (The) Series 2
SOJFStock · quarterly payer
Forward Yield
6.99%
Annual Dividend
$1.62
Payout Ratio
—
5-Yr Growth
—
Ex-Date
—
Frequency
Quarterly
Key facts about SOJF's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Southern Company (The) Series 2 (SOJF) has a forward dividend yield of 6.99%, based on an annual dividend of $1.62 per share and a share price of $23.23.
- SOJF has never cut its regular dividend in the payment history SmarterDividends has on record.
- SOJF's most recent ex-dividend date was Sep 14, 2026, for a dividend of $0.41 per share.
- As of Oct 18, 2026, SOJF's 6.99% yield is 20% above its five-year average yield of 5.81%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SOJF is $26.64 per share, 15% above the $23.23 share price, so SOJF screens as fairly valued.
- Southern Company (The) Series 2 (SOJF) pays its dividend quarterly, 4 times a year.
- Southern Company (The) Series 2 (SOJF) has raised its regular dividend 1 time and cut it 0 times across the 7 payments on record since 2025. Its most recent change was a 45.0% increase to $0.406 per share, going ex-dividend on Jun 13, 2025.
Cite this page
SmarterDividends, "SOJF Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SOJF
Summary
As of Oct 18, 2026, Southern Company (The) Series 2 (SOJF) yields 6.99% ($1.62 a year per share).
Is SOJF a good dividend stock?
MixedSouthern Company (The) Series 2 (SOJF) pays a quarterly dividend yielding 6.99% ($1.62/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Never cut its dividend on record
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 6.99%
- Payout Ratio
- —
- Annual Dividend
- $1.62
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $22.15 – $26.28
- Dividend Safety
- —
- Ever Cut?
- No
SOJF dividend raises and cuts
Southern Company (The) Series 2 (SOJF) has raised its regular dividend 1 time and cut it 0 times across the 7 payments on record since 2025. Its most recent change was a 45.0% increase to $0.406 per share, going ex-dividend on Jun 13, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 13, 2025 | Raise | $0.280 → $0.406 | +45.0% |
Frequently Asked Questions
Is SOJF a good dividend stock?
Mixed. Southern Company (The) Series 2 (SOJF) pays a quarterly dividend yielding 6.99% ($1.62/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is SOJF undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SOJF's fair value is about $26.64 versus a $23.23 share price — so it looks fairly valued (+15% vs. fair value).
What is SOJF's fair value?
Our blended fair-value estimate for SOJF is about $26.64 per share, roughly 15% above the current $23.23 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SOJF a buy, hold, or sell?
We don't issue formal ratings, but on the data SOJF screens as "mixed" and fairly valued. Southern Company (The) Series 2 (SOJF) pays a quarterly dividend yielding 6.99% ($1.62/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Does SOJF pay a dividend?
Yes. Southern Company (The) Series 2 pays a quarterly dividend of about $1.62 per share annually, a forward yield of roughly 6.99%.
What is SOJF's dividend yield?
As of Oct 18, 2026, SOJF's forward dividend yield is 6.99%, based on a $1.62 annual dividend and a $23.23 share price.
What is SOJF's dividend per share?
As of Oct 18, 2026, SOJF pays $1.62 per share per year, distributed on a quarterly basis.
How many years has SOJF grown its dividend?
SOJF does not currently have a long dividend-growth streak on record.
When is the next SOJF ex-dividend date?
As of Oct 18, 2026, SOJF's next ex-dividend date hasn't been announced. The most recent was Sep 14, 2026, for $0.41 per share.
SOJF Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
—
5 Years
—
52-Week Range
$22.15 – $26.28
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SOJF worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Southern Company (The) Series 2 is $26.64 per share, versus a market price of $23.23. That implies the stock is roughly fairly priced.
Fair Value
$26.64
Current Price
$23.23
Gap
+15%
Margin of Safety
13%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 4.0% growth for five years fading to 2.5% over the next five, $1.62 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend History
Full SOJF dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 14, 2026 | — | $0.4060 | regular |
| Jun 12, 2026 | — | $0.4060 | regular |
| Mar 13, 2026 | — | $0.4060 | regular |
| Dec 12, 2025 | — | $0.4060 | regular |
| Sep 12, 2025 | — | $0.4060 | regular |
| Jun 13, 2025 | — | $0.4060 | regular |
| Mar 14, 2025 | Mar 17, 2025 | $0.2800 | regular |
Income Calculator
At $1.62 / yr per share
Similar Dividend Stocks
Explore more
Lists and tools related to SOJF
- SOJF dividend calculator →
- SOJF DRIP calculator →
- SOJF: last day to buy for the dividend →
- Embed SOJF dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →




