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ARCC vs SO: Dividend Comparison 2026

ARCC yields 9.06% · SO yields 3.42% · See full DRIP projection below

vsEnter any two US tickers
After 10 years · $10,000 invested · DRIP enabled
🏆 ARCC wins by $22.1K in total portfolio value
10 years
ARCC
Ares Capital Corporation
9.06%
Share price
$21.20
Annual div
$1.92
5Y div CAGR
3.1%
Payout ratio
88%
After 10 yrs · $10,000 · DRIP
Portfolio value
$43.8K
Annual income
$2,279.31
Full ARCC calculator →
SO
The Southern Company
3.42%
Share price
$84.20
Annual div
$2.88
5Y div CAGR
3.1%
Payout ratio
72%
After 10 yrs · $10,000 · DRIP
Portfolio value
$21.7K
Annual income
$613.85
Full SO calculator →

Portfolio growth — ARCC vs SO

Annual dividend income

MetricARCCSO
Forward yield9.06%3.42%
Annual dividend / share$1.92$2.88
Payout ratio88%72%
1-year div growth2%3%
5-year div CAGR3.1%3.1%
Portfolio after 10y$43.8K$21.7K
Annual income after 10y$2,279.31$613.85
Total dividends collected$15.5K$4.7K
Payment frequencyquarterlyquarterly
SectorBDCUtilities

Year-by-year: ARCC vs SO ($10,000, DRIP)

YearARCC PortfolioARCC Income/yrSO PortfolioSO Income/yrGap
1$11,774$933.74$10,833$352.65+$941.00ARCC
2$13,808$1,045.61$11,728$375.81+$2.1KARCC
3$16,135$1,166.34$12,692$400.29+$3.4KARCC
4$18,786$1,296.19$13,727$426.14+$5.1KARCC
5$21,800$1,435.41$14,839$453.42+$7.0KARCC
6$25,215$1,584.23$16,034$482.21+$9.2KARCC
7$29,076$1,742.84$17,316$512.58+$11.8KARCC
8$33,430$1,911.44$18,692$544.59+$14.7KARCC
9$38,328$2,090.21$20,167$578.32+$18.2KARCC
10$43,827$2,279.31$21,749$613.85+$22.1KARCC

ARCC vs SO: Complete Analysis 2026

ARCCBDC

Ares Capital is the largest Business Development Company by assets. It provides financing to middle market companies and pays a generous quarterly dividend plus occasional special dividends. With $21B+ in AUM and diversified exposure across industries, ARCC is the benchmark BDC for income investors.

Full ARCC Calculator →

SOUtilities

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.

Full SO Calculator →

Frequently Asked Questions

Is ARCC or SO better for dividend income in 2026?
ARCC currently offers a 9.06% yield (1.92/share/year) while SO offers 3.42% (2.88/share/year). ARCC provides higher current income. However, SO has grown its dividend faster (3.1% 5Y CAGR), which may lead to better long-term income through compounding.
How much would $10,000 in ARCC vs SO earn per year?
With $10,000 invested today: ARCC pays approximately $906/year. SO pays approximately $342/year. With DRIP reinvestment over 10 years, these grow to $2,279/year (ARCC) and $614/year (SO).
Does ARCC or SO pay monthly dividends?
ARCC pays quarterly dividends. SO pays quarterly dividends. Neither pay monthly — both use a quarterly schedule, which is preferred by investors who need regular cash flow.
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⚠️ Educational purposes only. Not financial advice. All projections use historical data; actual results will vary.