Southern Dividend
Dividend criteria checks 4/6
Southern is a dividend paying company with a current yield of 3.8% 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
3.8%
Dividend yield
72%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 06 Jun 24 |
| Ex dividend date | 17 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.88 |
| Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
Recent updates
Does Southern (NYSE:SO) Deserve A Spot On Your Watchlist?
Apr 18
Returns Are Gaining Momentum At Southern (NYSE:SO)
Mar 24Southern Company: How One Of The Best Utilities Could Return Over 10% Per Year
Mar 13Southern (NYSE:SO) Use Of Debt Could Be Considered Risky
Mar 11Is There An Opportunity With The Southern Company's (NYSE:SO) 22% Undervaluation?
Feb 13The Southern Company: Onboarding New Nuclear Plants
Feb 09Southern Company: It's Almost Time To Buy This Proven 4%-Yielding Utility
Jan 25The Southern Company's (NYSE:SO) P/E Still Appears To Be Reasonable
Jan 15Southern Company: The Pros And Cons Of A Stock And Bond Investment
Dec 21Returns At Southern (NYSE:SO) Appear To Be Weighed Down
Dec 13The Southern Company: A Solid Company, But Still Overvalued
Nov 164%-Yielding Southern Company Is A Utility Gem
Nov 03The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 41% Above Its Share Price
Nov 02Southern Company: Hold This Stock For Stable Dividend Yield
Oct 11Southern (NYSE:SO) Seems To Be Using A Lot Of Debt
Oct 06Southern Company Looks Interesting Yielding Over 4%, Down 19% From Its Highs
Sep 29Returns On Capital At Southern (NYSE:SO) Have Stalled
Sep 08Southern Company: Long-Term Buy For One Of The Sector's Best Regulatory Profiles
Aug 04The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 53% Above Its Share Price
Jul 24We Think Southern (NYSE:SO) Is Taking Some Risk With Its Debt
Jun 26Even With End Of The Vogtle Saga, Southern Co. Is A Hold
Jun 26Returns Are Gaining Momentum At Southern (NYSE:SO)
May 30Southern Company: A Solid Company With Bright Future, But Overvalued
May 23Are Investors Undervaluing The Southern Company (NYSE:SO) By 39%?
Mar 20Here's Why Southern (NYSE:SO) Has A Meaningful Debt Burden
Mar 06Southern Company prices $1.5B in principal amount of convertible senior notes
Feb 24Southern (NYSE:SO) Shareholders Will Want The ROCE Trajectory To Continue
Feb 20The Southern Company Q4 2022 Earnings Preview
Feb 15Southern Company: Favorable Outlook For 2023
Feb 09Southern CO declares $0.68 dividend
Jan 20Southern Company snags upgrade from Wolfe to top rating
Dec 12The Southern Company's (NYSE:SO) Intrinsic Value Is Potentially 62% Above Its Share Price
Dec 12Is Southern (NYSE:SO) A Risky Investment?
Nov 27Southern Company: Solid Dividend Stock That Will Likely Hold Up Well During Recession
Nov 10Southern CO declares $0.68 dividend
Oct 18Southern Company: Hold Until Interest Rates Peak
Oct 07What Makes Southern Company's High Yield So Special
Sep 05These 4 Measures Indicate That Southern (NYSE:SO) Is Using Debt Extensively
Aug 23Upcoming 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) | 3.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Electric Utilities) | 3.3% |
| Analyst forecast in 3 Years (SO) | 4.0% |
Notable Dividend: SO's dividend (3.8%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: SO's dividend (3.8%) is low compared to the top 25% of dividend payers in the US market (4.73%).
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.