The Southern Company (SO) Dividend History
SO latest dividend
$0.76last dividend per share
Ex-dividend dateAug 17Monday, 2026
Payment dateSep 8Tuesday, 2026
The next dividend has not been announced yet.
- 25 yearsof dividend increases
- 1982paying since
- Quarterly4 payments a year
- +3.0%5-year growth a year
- 3.33%forward yield
SO dividend income calculator
- Dividend income a year
- $304
- Each payment
- $76
- Value of the shares
- $9,118
- Dividend yield
- 3.33%
At the latest close; forward annual dividend $3.04 per share, before tax.
SO dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
SO dividend safety
Payout ratio (earnings)65.2%
Stretched · of trailing twelve-month earnings paid as dividends
Dividend growth (5 years)+3.0%
Slow growth · a year on average
Years of increases25
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
SO yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $97.80 | 3.11% | $3.00 | 3.1% |
| 3 years ago | $66.60 | 4.56% | $8.76 | 13.2% |
| 5 years ago | $62.45 | 4.87% | $14.20 | 22.7% |
| 10 years ago | $51.09 | 5.95% | $26.40 | 51.7% |
| 20 years ago | $35.76 | 8.50% | $45.31 | 126.7% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
SO dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
SO dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $2.94 | +2.8% | 3.37% | 4 |
| 2024 | $2.86 | +2.9% | 3.47% | 4 |
| 2023 | $2.78 | +3.0% | 3.96% | 4 |
| 2022 | $2.70 | +3.1% | 3.78% | 4 |
| 2021 | $2.62 | +3.1% | 3.82% | 4 |
| 2020 | $2.54 | +3.3% | 4.13% | 4 |
| 2019 | $2.46 | +3.4% | 3.86% | 4 |
| 2018 | $2.38 | +3.5% | 5.42% | 4 |
| 2017 | $2.30 | +3.5% | 4.78% | 4 |
| 2016 | $2.22 | +3.2% | 4.52% | 4 |
| 2015 | $2.15 | +3.5% | 4.60% | 4 |
| 2014 | $2.08 | +3.5% | 4.24% | 4 |
| 2013 | $2.01 | +3.5% | 4.89% | 4 |
| 2012 | $1.94 | +3.7% | 4.54% | 4 |
| 2011 | $1.87 | +3.9% | 4.05% | 4 |
| 2010 | $1.80 | +4.0% | 4.72% | 4 |
| 2009 | $1.73 | +4.3% | 5.20% | 4 |
| 2008 | $1.66 | +4.1% | 4.49% | 4 |
| 2007 | $1.60 | +3.9% | 4.12% | 4 |
| 2006 | $1.54 | — | 4.17% | 4 |
SO dividend history
179 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-17 | 2026-09-08 | $0.76 | — | Quarterly |
| 2026-05-18 | 2026-06-08 | $0.76 | +2.7% | Quarterly |
| 2026-02-17 | 2026-03-06 | $0.74 | — | Quarterly |
| 2025-11-17 | 2025-12-08 | $0.74 | — | Quarterly |
| 2025-08-18 | 2025-09-08 | $0.74 | — | Quarterly |
| 2025-05-19 | 2025-06-06 | $0.74 | +2.8% | Quarterly |
| 2025-02-18 | 2025-03-06 | $0.72 | — | Quarterly |
| 2024-11-18 | 2024-12-06 | $0.72 | — | Quarterly |
| 2024-08-19 | 2024-09-06 | $0.72 | — | Quarterly |
| 2024-05-17 | 2024-06-06 | $0.72 | +2.9% | Quarterly |
| 2024-02-16 | 2024-03-06 | $0.7 | — | Quarterly |
| 2023-11-17 | 2023-12-06 | $0.7 | — | Quarterly |
| 2023-08-18 | 2023-09-06 | $0.7 | — | Quarterly |
| 2023-05-12 | 2023-06-06 | $0.7 | +2.9% | Quarterly |
| 2023-02-17 | 2023-03-06 | $0.68 | — | Quarterly |
| 2022-11-18 | 2022-12-06 | $0.68 | — | Quarterly |
Show all 179 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-12 | 2022-09-06 | $0.68 | — | Quarterly |
| 2022-05-13 | 2022-06-06 | $0.68 | +3.0% | Quarterly |
| 2022-02-18 | 2022-03-07 | $0.66 | — | Quarterly |
| 2021-11-12 | 2021-12-06 | $0.66 | — | Quarterly |
| 2021-08-13 | 2021-09-07 | $0.66 | — | Quarterly |
| 2021-05-14 | 2021-06-07 | $0.66 | +3.1% | Quarterly |
| 2021-02-12 | 2021-03-08 | $0.64 | — | Quarterly |
| 2020-11-13 | 2020-12-07 | $0.64 | — | Quarterly |
| 2020-08-14 | 2020-09-08 | $0.64 | — | Quarterly |
| 2020-05-15 | 2020-06-08 | $0.64 | +3.2% | Quarterly |
| 2020-02-14 | 2020-03-06 | $0.62 | — | Quarterly |
| 2019-11-15 | 2019-12-06 | $0.62 | — | Quarterly |
| 2019-08-16 | 2019-09-06 | $0.62 | — | Quarterly |
| 2019-05-17 | 2019-06-06 | $0.62 | +3.3% | Quarterly |
| 2019-02-15 | 2019-03-06 | $0.6 | — | Quarterly |
| 2018-11-16 | 2018-12-06 | $0.6 | — | Quarterly |
| 2018-08-17 | 2018-09-06 | $0.6 | — | Quarterly |
| 2018-05-18 | 2018-06-06 | $0.6 | +3.4% | Quarterly |
| 2018-02-16 | 2018-03-06 | $0.58 | — | Quarterly |
| 2017-11-17 | 2017-12-06 | $0.58 | — | Quarterly |
| 2017-08-17 | 2017-09-06 | $0.58 | — | Quarterly |
| 2017-05-11 | 2017-06-06 | $0.58 | +3.6% | Quarterly |
| 2017-02-16 | 2017-03-06 | $0.56 | — | Quarterly |
| 2016-11-17 | 2016-12-06 | $0.56 | — | Quarterly |
| 2016-08-11 | 2016-09-06 | $0.56 | — | Quarterly |
| 2016-05-12 | 2016-06-06 | $0.56 | +3.1% | Quarterly |
| 2016-02-11 | 2016-03-07 | $0.543 | — | Quarterly |
| 2015-11-12 | 2015-12-04 | $0.543 | — | Quarterly |
| 2015-08-13 | 2015-09-05 | $0.543 | — | Quarterly |
| 2015-05-14 | 2015-06-06 | $0.543 | +3.4% | Quarterly |
| 2015-02-12 | 2015-03-06 | $0.525 | — | Quarterly |
| 2014-10-30 | 2014-12-06 | $0.525 | — | Quarterly |
| 2014-07-31 | 2014-09-06 | $0.525 | — | Quarterly |
| 2014-05-01 | 2014-06-06 | $0.525 | +3.6% | Quarterly |
| 2014-01-30 | 2014-03-06 | $0.507 | — | Quarterly |
| 2013-10-31 | 2013-12-06 | $0.507 | — | Quarterly |
| 2013-08-01 | 2013-09-06 | $0.507 | — | Quarterly |
| 2013-05-02 | 2013-06-06 | $0.507 | +3.5% | Quarterly |
| 2013-01-31 | 2013-03-06 | $0.49 | — | Quarterly |
| 2012-11-01 | 2012-12-06 | $0.49 | — | Quarterly |
| 2012-08-02 | 2012-09-06 | $0.49 | — | Quarterly |
| 2012-05-03 | 2012-06-06 | $0.49 | +3.6% | Quarterly |
| 2012-02-02 | 2012-03-06 | $0.473 | — | Quarterly |
| 2011-11-03 | 2011-12-06 | $0.473 | — | Quarterly |
| 2011-07-28 | 2011-09-06 | $0.473 | — | Quarterly |
| 2011-04-28 | 2011-06-06 | $0.473 | +4.0% | Quarterly |
| 2011-02-03 | 2011-03-05 | $0.455 | — | Quarterly |
| 2010-10-28 | 2010-12-06 | $0.455 | — | Quarterly |
| 2010-07-29 | 2010-09-04 | $0.455 | — | Quarterly |
| 2010-04-29 | 2010-06-05 | $0.455 | +3.9% | Quarterly |
| 2010-01-28 | 2010-03-06 | $0.438 | — | Quarterly |
| 2009-10-29 | 2009-12-05 | $0.438 | — | Quarterly |
| 2009-07-30 | 2009-09-05 | $0.438 | — | Quarterly |
| 2009-04-30 | 2009-06-06 | $0.438 | +4.3% | Quarterly |
| 2009-01-29 | 2009-03-06 | $0.42 | — | Quarterly |
| 2008-10-30 | 2008-12-06 | $0.42 | — | Quarterly |
| 2008-07-31 | 2008-09-06 | $0.42 | — | Quarterly |
| 2008-05-01 | 2008-06-06 | $0.42 | +4.2% | Quarterly |
| 2008-01-31 | 2008-03-06 | $0.403 | — | Quarterly |
| 2007-11-01 | 2007-12-06 | $0.403 | — | Quarterly |
| 2007-08-02 | 2007-09-06 | $0.403 | — | Quarterly |
| 2007-05-03 | 2007-06-06 | $0.403 | +3.9% | Quarterly |
| 2007-02-01 | 2007-03-06 | $0.388 | — | Quarterly |
| 2006-11-02 | 2006-12-06 | $0.388 | — | Quarterly |
| 2006-08-03 | 2006-09-06 | $0.388 | — | Quarterly |
| 2006-04-27 | 2006-06-06 | $0.388 | +4.0% | Quarterly |
| 2006-02-02 | 2006-03-06 | $0.373 | — | Quarterly |
| 2005-11-03 | 2005-12-06 | $0.373 | — | Quarterly |
| 2005-07-28 | 2005-09-06 | $0.373 | — | Quarterly |
| 2005-04-28 | 2005-06-06 | $0.373 | +4.2% | Quarterly |
| 2005-02-03 | 2005-03-05 | $0.358 | — | Quarterly |
| 2004-10-28 | 2004-12-06 | $0.358 | — | Quarterly |
| 2004-07-29 | 2004-09-04 | $0.358 | +2.3% | Quarterly |
| 2004-04-29 | 2004-06-05 | $0.35 | — | Quarterly |
| 2004-01-29 | 2004-03-06 | $0.35 | — | Quarterly |
| 2003-10-30 | 2003-12-06 | $0.35 | — | Quarterly |
| 2003-07-31 | 2003-09-06 | $0.35 | +2.3% | Quarterly |
| 2003-05-01 | 2003-06-06 | $0.342 | −0.3% | Quarterly |
| 2003-01-30 | 2003-03-06 | $0.343 | — | Quarterly |
| 2002-10-31 | 2002-12-06 | $0.343 | — | Quarterly |
| 2002-08-01 | 2002-09-06 | $0.343 | +2.4% | Quarterly |
| 2002-05-02 | 2002-06-06 | $0.335 | — | Quarterly |
| 2002-01-31 | 2002-03-06 | $0.335 | — | Quarterly |
| 2001-11-01 | 2001-12-06 | $0.335 | — | Quarterly |
| 2001-08-02 | 2001-09-06 | $0.335 | — | Quarterly |
| 2001-05-03 | 2001-06-06 | $0.335 | +63.7% | Quarterly |
| 2001-02-01 | 2001-03-06 | $0.2046 | — | Quarterly |
| 2000-11-02 | 2000-12-06 | $0.2046 | — | Quarterly |
| 2000-08-03 | 2000-09-06 | $0.2046 | — | Quarterly |
| 2000-04-27 | 2000-06-06 | $0.2046 | — | Quarterly |
| 2000-02-03 | 2000-03-06 | $0.2046 | — | Quarterly |
| 1999-10-28 | 1999-12-06 | $0.2046 | — | Quarterly |
| 1999-07-29 | 1999-09-04 | $0.2046 | — | Quarterly |
| 1999-04-29 | 1999-06-05 | $0.2046 | — | Quarterly |
| 1999-01-28 | 1999-03-06 | $0.2046 | — | Quarterly |
| 1998-10-29 | 1998-12-05 | $0.2046 | — | Quarterly |
| 1998-07-30 | 1998-09-05 | $0.2046 | — | Quarterly |
| 1998-04-30 | 1998-06-06 | $0.2046 | — | Quarterly |
| 1998-01-29 | 1998-03-06 | $0.2046 | +3.1% | Quarterly |
| 1997-10-30 | 1997-12-06 | $0.1985 | — | Quarterly |
| 1997-07-31 | 1997-09-06 | $0.1985 | — | Quarterly |
| 1997-05-01 | 1997-06-06 | $0.1985 | — | Quarterly |
| 1997-01-30 | 1997-03-06 | $0.1985 | +3.2% | Quarterly |
| 1996-10-31 | 1996-12-06 | $0.1924 | — | Quarterly |
| 1996-08-01 | 1996-09-06 | $0.1924 | — | Quarterly |
| 1996-05-02 | 1996-06-06 | $0.1924 | — | Quarterly |
| 1996-02-01 | 1996-03-06 | $0.1924 | +3.3% | Quarterly |
| 1995-11-02 | 1995-12-06 | $0.1863 | — | Quarterly |
| 1995-08-03 | 1995-09-06 | $0.1863 | — | Quarterly |
| 1995-04-25 | 1995-06-06 | $0.1863 | — | Quarterly |
| 1995-01-31 | 1995-03-06 | $0.1863 | +3.4% | Quarterly |
| 1994-11-01 | 1994-12-06 | $0.1802 | — | Quarterly |
| 1994-07-26 | 1994-09-06 | $0.1802 | — | Quarterly |
| 1994-04-26 | 1994-06-06 | $0.1802 | — | Quarterly |
| 1994-02-01 | 1994-03-05 | $0.1802 | +3.5% | Quarterly |
| 1993-10-26 | 1993-12-06 | $0.1741 | — | Quarterly |
| 1993-07-27 | 1993-09-06 | $0.1741 | — | Quarterly |
| 1993-04-27 | 1993-06-05 | $0.1741 | — | Quarterly |
| 1993-01-26 | 1993-03-06 | $0.1741 | +3.6% | Quarterly |
| 1992-10-27 | 1992-12-05 | $0.168 | — | Quarterly |
| 1992-07-28 | 1992-09-05 | $0.168 | — | Quarterly |
| 1992-04-28 | 1992-06-06 | $0.168 | — | Quarterly |
| 1992-01-28 | 1992-03-06 | $0.168 | +2.8% | Quarterly |
| 1991-10-29 | 1991-12-06 | $0.1634 | — | Quarterly |
| 1991-07-30 | 1991-09-06 | $0.1634 | — | Quarterly |
| 1991-04-30 | 1991-06-06 | $0.1634 | — | Quarterly |
| 1991-01-29 | 1991-03-06 | $0.1634 | — | Quarterly |
| 1990-10-30 | 1990-12-06 | $0.1634 | — | Quarterly |
| 1990-07-31 | 1990-09-06 | $0.1634 | — | Quarterly |
| 1990-05-01 | 1990-06-06 | $0.1634 | — | Quarterly |
| 1990-01-30 | 1990-03-06 | $0.1634 | — | Quarterly |
| 1989-10-31 | 1989-12-06 | $0.1634 | — | Quarterly |
| 1989-08-01 | 1989-09-06 | $0.1634 | — | Quarterly |
| 1989-04-25 | 1989-06-06 | $0.1634 | — | |
| 1989-01-31 | 1989-03-06 | $0.1634 | — | |
| 1988-11-01 | 1988-12-06 | $0.1634 | — | |
| 1988-07-26 | 1988-09-06 | $0.1634 | — | |
| 1988-04-26 | 1988-06-06 | $0.1634 | — | |
| 1988-01-26 | 1988-03-05 | $0.1634 | — | |
| 1987-10-27 | 1987-12-05 | $0.1634 | — | |
| 1987-07-28 | 1987-09-05 | $0.1634 | — | |
| 1987-04-28 | 1987-06-06 | $0.1634 | — | |
| 1987-01-27 | 1987-03-06 | $0.1634 | — | |
| 1986-10-28 | — | $0.1634 | +4.9% | |
| 1986-07-29 | — | $0.1558 | — | |
| 1986-04-29 | — | $0.1558 | — | |
| 1986-01-28 | — | $0.1558 | — | |
| 1985-10-29 | — | $0.1558 | +6.2% | |
| 1985-07-30 | — | $0.1466 | — | |
| 1985-04-30 | — | $0.1466 | — | |
| 1985-01-29 | — | $0.1466 | — | |
| 1984-10-30 | — | $0.1466 | +6.7% | |
| 1984-07-31 | — | $0.1374 | — | |
| 1984-05-01 | — | $0.1374 | — | |
| 1984-01-31 | — | $0.1374 | — | |
| 1983-11-01 | — | $0.1374 | +5.9% | |
| 1983-07-26 | — | $0.1298 | — | |
| 1983-04-26 | — | $0.1298 | — | |
| 1983-02-01 | — | $0.1298 | — | |
| 1982-10-26 | — | $0.1298 | — | |
| 1982-07-27 | — | $0.1298 | +4.9% | |
| 1982-04-27 | — | $0.1237 | — | |
| 1982-01-26 | — | $0.1237 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
SO stock split history
- 10000:6109April 3, 2001
- 2:1March 1, 1994
SO dividend overview
Southern Company pays an annual dividend of $3.04 per share, a yield of 3.33% at the latest close, paid quarterly. It paid $2.94 per share in 2025, up 2.8% from 2024. It has raised its dividend for 25 consecutive years. Over five years the dividend grew 3.0% a year on average and over ten years 3.2% a year. The payout ratio is 65.2% of trailing earnings.
Related: SO cash flow statement, SO key metrics, SO chart. See the SO stock overview for the latest quote and news.
SO dividends FAQ
Does Southern Company pay a dividend?
Yes. Southern Company has paid a regular dividend since 1982, quarterly, most recently $0.76 per share with an ex-dividend date of August 17, 2026.
What is Southern Company's dividend yield?
Southern Company's forward annual dividend is $3.04 per share, a dividend yield of 3.33% at the latest close of $91.18.
How often does Southern Company pay dividends?
Southern Company pays dividends quarterly.
How fast is Southern Company's dividend growing?
Southern Company's dividend per share grew from $2.54 in 2020 to $2.94 in 2025, 3.0% a year on average over five years; it has increased for 25 years in a row.
What is Southern Company's dividend payout ratio?
Southern Company pays out 65.2% of its trailing earnings as dividends.
Has Southern Company split its stock?
Southern Company has split its stock 2 times: 10000:6109 on April 3, 2001, 2:1 on March 1, 1994. Dividends per share on this page are adjusted for splits.
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