Southern Dividends and Buybacks
Dividend criteria checks 4/6
Southern is a dividend paying company with a current yield of 3.15% that is well covered by earnings. Next payment date is on 6th June, 2025 with an ex-dividend date of 19th May, 2025.
Key information
3.1%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 3.2% |
| Next dividend pay date | 06 Jun 25 |
| Ex dividend date | 19 May 25 |
| Dividend per share | n/a |
| Payout ratio | 71% |
Recent dividend and buyback updates
Recent updates
Southern (NYSE:SO) Is Increasing Its Dividend To $0.74
Apr 25
A Look At The Fair Value Of The Southern Company (NYSE:SO)
Apr 14Is Southern (NYSE:SO) A Risky Investment?
Mar 19Earnings Update: The Southern Company (NYSE:SO) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Feb 22Southern Company: Strong 2024 Earnings Reinforce Confidence In The Investment
Feb 21Getting In Cheap On The Southern Company (NYSE:SO) Is Unlikely
Feb 19The Southern Company's Good Fuel Mix
Feb 14Should You Be Adding Southern (NYSE:SO) To Your Watchlist Today?
Feb 05SOJF: A 6.5% Investment Grade Baby Bond IPO From The Southern Company
Jan 22Southern Company: Solid Commercial Data Center Load Trends, Technical Support (Rating Upgrade)
Jan 15Here's Why Southern (NYSE:SO) Has A Meaningful Debt Burden
Dec 11Southern (NYSE:SO) Hasn't Managed To Accelerate Its Returns
Nov 28Southern Company: One Of The Best Utilities At A Lofty Price
Nov 01Here's Why We Think Southern (NYSE:SO) Might Deserve Your Attention Today
Oct 28Southern Company Could Be Dead Money For The Foreseeable Future
Oct 08The Southern Company's (NYSE:SO) Shares May Have Run Too Fast Too Soon
Sep 30The Southern Company: Time To Lock In Gains
Sep 28Is Southern (NYSE:SO) Using Too Much Debt?
Sep 02Returns On Capital At Southern (NYSE:SO) Have Stalled
Aug 21The AI Factor: Southern Company's Pricey Power Play
Aug 19Do Southern's (NYSE:SO) Earnings Warrant Your Attention?
Jul 28Why Southern Company Will Beat Guidance
Jul 09The Southern Company Electric Utility Generates 3.7% Yield
Jul 02Subdued Growth No Barrier To The Southern Company's (NYSE:SO) Price
Jun 23The Southern Company: A Premium Valuation With Lukewarm Growth
May 24The Southern Company (NYSE:SO) Shares Could Be 31% Above Their Intrinsic Value Estimate
May 22The Southern Company Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 06Southern Company: How One Of The Best Utilities Could Return Over 10% Per Year
Mar 13The Southern Company: Onboarding New Nuclear Plants
Feb 09Southern Company: It's Almost Time To Buy This Proven 4%-Yielding Utility
Jan 25Southern Company: The Pros And Cons Of A Stock And Bond Investment
Dec 21The Southern Company: A Solid Company, But Still Overvalued
Nov 164%-Yielding Southern Company Is A Utility Gem
Nov 03Southern Company: Hold This Stock For Stable Dividend Yield
Oct 11Southern Company Looks Interesting Yielding Over 4%, Down 19% From Its Highs
Sep 29Southern Company: Long-Term Buy For One Of The Sector's Best Regulatory Profiles
Aug 04Upcoming 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SO) | 3.1% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Electric Utilities) | 3.1% |
| Analyst forecast (SO) (up to 3 years) | 3.4% |
Notable Dividend: SO's dividend (3.15%) is higher than the bottom 25% of dividend payers in the US market (1.64%).
High Dividend: SO's dividend (3.15%) is low compared to the top 25% of dividend payers in the US market (4.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.2%), SO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (436.6%), SO's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/01 07:13 |
| End of Day Share Price | 2025/05/01 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Southern Company is covered by 40 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Kilstein | Argus Research Company |
| Nathan Judge | Atlantic Equities LLP |
| Daniel Ford | Barclays |