SmarterDividends

AWK vs SO: Which Is the Better Dividend Stock?

As of September 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SO offers the higher yield at 3.45%, SO has the higher dividend-safety score, and SO trades at the larger discount to fair value (+10%).

MetricAWKSO
Forward yield2.54%3.45%
Annual dividend$3.58$3.04
Payout ratio59%72%
Years of growth17 yr25 yr
5-yr dividend growth8.6%3.0%
5-yr total return-17%42%
Dividend safety score85 (A)90 (A)
Fair value estimate$115.63$96.70
Upside to fair value-18%+10%
Frequencyquarterlyquarterly
Market cap$28.0B$101.4B
P/E ratio24.421.2

Higher yield

SO

3.45%

Safer dividend

SO

Grade A

Faster growth

AWK

8.6%

Better value

SO

+10% upside

AWK vs SO — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.