SmarterDividends

SO vs TXNM: Which Is the Better Dividend Stock?

As of September 2026, SO (The Southern Company) screens as the stronger dividend stock, winning 7 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%).

MetricSOTXNM
Forward yield3.56%2.89%
Annual dividend$3.04$1.69
Payout ratio72%91%
Years of growth25 yr14 yr
5-yr dividend growth3.0%5.8%
5-yr total return37%17%
Dividend safety score90 (A)79 (B)
Fair value estimate$96.70$52.18
Upside to fair value+13%-11%
Frequencyquarterlyquarterly
Market cap$98.0B$6.5B
P/E ratio20.532.0

Higher yield

SO

3.56%

Safer dividend

SO

Grade A

Faster growth

TXNM

5.8%

Better value

SO

+13% upside

SO vs TXNM — FAQ

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