Home Calculator SO Dividend Calculator 2026

SO Dividend DRIP Calculator 2026

3.42% YieldUtilities🛡 Very Safe (85/100)

The Southern Company · NYSE

Price: $84.20 · Annual div: $2.88/share · Frequency: quarterly · Payout ratio: 72% · Ex-div: Feb 6, 2026

Annual dividend
$2.88
per share
Forward yield
3.42%
at current price
1Y div growth
+3%
CAGR
5Y div growth
+3.1%
CAGR
Payout ratio
72%
Monitor closely

Calculator settings

$0/mo
$0$500$1k$2k
10 years
1y10y20y30y
4.8%
3.1%
DRIP Reinvestment
Auto-reinvest all dividends
Monthly passive income
$51.15
after 10 years · DRIP ✓
Yield on cost: 6.14%
Annual dividend income
$613.85
after 10 years
Total dividends: $4.7K
Portfolio (DRIP)
$21.7K
Portfolio (no DRIP)
$20.0K
DRIP bonus
+$1.7K
Total return
+117.5%

Year-by-year projection

DRIP ON ✓ · Roth IRA / ISA
YearSharesAnnual incomeMonthly incomePortfolio valueYield on costCumul. dividends
1122.76$352.65$29.39$10,8333.53%$353
2126.83$375.81$31.32$11,7283.76%$728
3130.96$400.29$33.36$12,6924%$1,129
4135.15$426.14$35.51$13,7274.26%$1,555
5139.41$453.42$37.79$14,8394.53%$2,008
6143.73$482.21$40.18$16,0344.82%$2,491
7148.12$512.58$42.72$17,3165.13%$3,003
8152.56$544.59$45.38$18,6925.45%$3,548
9157.07$578.32$48.19$20,1675.78%$4,126
10161.63$613.85$51.15$21,7496.14%$4,740

Portfolio growth: DRIP vs No DRIP

Annual dividend income growth

💡 What-if scenarios

Click to apply scenario to the calculator

Daily coffee money
+$150/mo for 15 years
$81.3K
$176.49/month income
DCA bonus vs no DCA: +$49.7K
📱
Skip one gadget/mo
+$100/mo for 20 years
$99.9K
$200.29/month income
DCA bonus vs no DCA: +$54.7K
🚀
Serious wealth mode
+$500/mo for 25 years
$487.8K
$903.22/month income
DCA bonus vs no DCA: +$423.6K

🎯 When SO pays your bills

Year your monthly dividend income covers each expense (based on current settings)

📺
Netflix
$18/month
✓ Year 1
🎵
Spotify
$11/month
✓ Year 1
📱
Phone bill
$60/month
Increase investment or time
🛒
Gas & groceries
$300/month
Increase investment or time
🚗
Car payment
$500/month
Increase investment or time
🏠
Rent (avg US)
$1,500/month
Increase investment or time
🏝️
Financial freedom
$5,000/month
Increase investment or time

Share your SO snowball 📈

$10,000 in SO$21.7K in 10 years · $51.15/month

𝕏 Post on X

About The Southern Company (SO) — Dividend Analysis 2026

Southern Company is a Dividend Aristocrat with 23+ consecutive years of increases. It serves 9M+ customers across Georgia, Alabama, and Mississippi through its regulated electric and gas utilities. Vogtle Unit 4 nuclear plant completion in 2024 adds decades of low-carbon baseload generation capacity.

Is SO a good dividend investment in 2026?
SO offers a 3.42% forward yield with a 72% payout ratio. With a safety score of 85/100, the dividend appears very safe. The 5-year dividend CAGR of 3.1% is modest — investors should weigh current income against growth alternatives.
SO DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your SO portfolio grows to $21.7K vs $20.0K without reinvestment — a DRIP bonus of $1.7K. This is the compound interest effect in action.
SO dividend growth history & forecast
SO has grown its dividend by 3% over the last year and 3.1% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 3.42% — illustrating why dividend growth stocks are powerful long-term wealth builders.

Compare SO with similar stocks

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2.85% yield
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⚖️ Compare SO vs NEE
📬

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DRIP + fractional
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🌍 SO Yield by Country & Account Type

Real after-tax yield depends on where you live and how you hold SO.

Gross yield
3.42%
Tax rate
15.00%
After-tax yield
2.91%
Real yield (−CPI)
0.11%
Account/CountryTax RateAfter-tax YieldReal Yield$10K Annual Income
🇺🇸 Roth IRA / 401k 0%3.42%0.62%$342 / yr
🇺🇸 US Taxable (15%) 15%2.91%0.11%$291 / yr
🇺🇸 US Taxable (20%) 20%2.74%-0.06%$274 / yr
🇬🇧 UK ISA 0%3.42%0.62%$342 / yr
🇬🇧 UK Taxable 8.75%3.12%0.32%$312 / yr
🇨🇦 TFSA 0%3.42%0.62%$342 / yr
🇨🇦 CA Taxable 25%2.56%-0.23%$257 / yr
🇦🇺 Super (pension) 15%2.91%0.11%$291 / yr
🇦🇺 AU Taxable 30%2.39%-0.41%$239 / yr
🇩🇪 DE Taxable 26.375%2.52%-0.28%$252 / yr
🇫🇷 FR Taxable 30%2.39%-0.41%$239 / yr

Real yield = after-tax yield minus US CPI of 2.8%. Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.

🎯 SO Income Goal & Break-Even

Dividend Break-Even
24yr
Years for dividends to repay your full SO investment price of $84.20/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$3.9K
Lost to inflation (~2.8% CPI)
$2.5K
Real purchasing power gain
$1.5K
How much do I need to invest in SO for:
Shares needed
9,804
Capital required
$825,497
Monthly income
$2,000

Based on current dividend of $2.88/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).

📅 SO Dividend Payment Schedule

SO pays quarterly — 4 times per year. Next ex-div: Feb 6, 2026.

Jan
Feb
💰
Mar
Apr
May
💰
Jun
Jul
Aug
💰
Sep
Oct
Nov
💰
Dec
10 shares
$6.12 / payment
$24.48 / year after tax
100 shares
$61.20 / payment
$244.80 / year after tax
1,000 shares
$612.00 / payment
$2448.00 / year after tax

📊 SO vs Utilities Sector Benchmarks

How SO compares to typical Utilities sector averages.

Dividend YieldSO: +3.42% vs sector avg 3.80% ↓ Below avg
SO━━ Utilities avg: 3.80%
5Y Dividend CAGRSO: +3.10% vs sector avg 5.10% ↓ Below avg
SO━━ Utilities avg: 5.10%
Payout RatioSO: 72.00% vs sector avg 68.00% ↓ Below avg
SO━━ Utilities avg: 68.00%

⚠️ Disclaimer: All projections are for educational purposes only. Dividend payments, stock prices, and growth rates are estimates based on historical data. Past performance does not guarantee future results. This is not financial advice — consult a qualified financial professional before investing. Data sourced from public financial records and updated regularly.