Southern is a dividend paying company with a current yield of 3.68% that is well covered by earnings. Next payment date is on 6th June, 2024 with an ex-dividend date of 17th May, 2024.
Key information
3.7%
Dividend yield
72%
Payout ratio
Industry average yield
5.7%
Next dividend pay date
06 Jun 24
Ex dividend date
17 May 24
Dividend per share
n/a
Earnings per share
Mex$3.88
Dividend yield forecast in 3Y
3.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SO *'s dividends per share have been stable in the past 10 years.
Growing Dividend: SO *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Southern Dividend Yield vs Market
How does SO * dividend yield compare to the market?
Segment
Dividend Yield
Company (SO *)
3.7%
Market Bottom 25% (MX)
2.2%
Market Top 25% (MX)
6.6%
Industry Average (Electric Utilities)
5.7%
Analyst forecast in 3 Years (SO *)
3.9%
Notable Dividend: SO *'s dividend (3.68%) is higher than the bottom 25% of dividend payers in the MX market (2.19%).
High Dividend: SO *'s dividend (3.68%) is low compared to the top 25% of dividend payers in the MX market (6.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.1%), SO *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SO * is paying a dividend but the company has no free cash flows.