SmarterDividends

D vs SO: Which Is the Better Dividend Stock?

As of June 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. D offers the higher yield at 3.93%, SO has the higher dividend-safety score, and SO trades at the larger discount to fair value (-0%).

MetricDSO
Forward yield3.93%3.23%
Annual dividend$2.67$3.04
Payout ratio79%76%
Years of growth0 yr25 yr
5-yr dividend growth-6.6%2.9%
5-yr total return-8%55%
Dividend safety score63 (C)90 (A)
Fair value estimate$66.37$93.66
Upside to fair value-2%-0%
Frequencyquarterlyquarterly
Market cap$59.7B$106.0B
P/E ratio20.024.0

Higher yield

D

3.93%

Safer dividend

SO

Grade A

Faster growth

SO

2.9%

Better value

SO

-0% upside

D vs SO — FAQ

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