AEE vs SO: Which Is the Better Dividend Stock?
As of September 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. SO offers the higher yield at 3.56%, SO has the higher dividend-safety score, and SO trades at the larger discount to fair value (+13%).
| Metric | AEE | SO |
|---|---|---|
| Forward yield | 2.95% | 3.56% |
| Annual dividend | $3.00 | $3.04 |
| Payout ratio | 51% | 72% |
| Years of growth | 12 yr | 25 yr |
| 5-yr dividend growth | 7.3% | 3.0% |
| 5-yr total return | 21% | 37% |
| Dividend safety score | 84 (A) | 90 (A) |
| Fair value estimate | $109.77 | $96.70 |
| Upside to fair value | +7% | +13% |
| Frequency | quarterly | quarterly |
| Market cap | $28.1B | $98.0B |
| P/E ratio | 17.9 | 20.5 |
Higher yield
SO
3.56%
Safer dividend
SO
Grade A
Faster growth
AEE
7.3%
Better value
SO
+13% upside
AEE vs SO — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.