CEG vs SO: Which Is the Better Dividend Stock?
As of June 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. SO offers the higher yield at 3.23%, SO has the higher dividend-safety score, and CEG trades at the larger discount to fair value (+60%).
| Metric | CEG | SO |
|---|---|---|
| Forward yield | 0.67% | 3.23% |
| Annual dividend | $1.71 | $3.04 |
| Payout ratio | 14% | 76% |
| Years of growth | 3 yr | 25 yr |
| 5-yr dividend growth | — | 2.9% |
| 5-yr total return | — | 55% |
| Dividend safety score | 75 (B) | 90 (A) |
| Fair value estimate | $406.56 | $93.66 |
| Upside to fair value | +60% | -0% |
| Frequency | quarterly | quarterly |
| Market cap | $90.6B | $106.0B |
| P/E ratio | 22.0 | 24.0 |
Higher yield
SO
3.23%
Safer dividend
SO
Grade A
Faster growth
SO
2.9%
Better value
CEG
+60% upside
CEG vs SO — FAQ
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.