SmarterDividends

SO vs SWX: Which Is the Better Dividend Stock?

As of July 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SO offers the higher yield at 3.19%, SO has the higher dividend-safety score, and SWX trades at the larger discount to fair value (+55%).

MetricSOSWX
Forward yield3.19%2.80%
Annual dividend$3.04$2.58
Payout ratio76%75%
Years of growth25 yr0 yr
5-yr dividend growth3.0%1.9%
5-yr total return45%31%
Dividend safety score90 (A)90 (A)
Fair value estimate$93.61$142.46
Upside to fair value-2%+55%
Frequencyquarterlyquarterly
Market cap$106.5B$6.6B
P/E ratio24.427.8

Higher yield

SO

3.19%

Safer dividend

SO

Grade A

Faster growth

SO

3.0%

Better value

SWX

+55% upside

SO vs SWX — FAQ

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