SO dividend yield: 3.42%. PM dividend yield: 4.27%. 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. Philip Morris International operates outside the US with an accelerating shift to smoke-free products. IQOS heated tobacco and ZYN nicotine pouches now represent 40%+ of revenue. PM has raised its dividend 16+ consecutive years since spinning off from Altria in 2008. The company targets $15B+ in smoke-free revenues by 2030.
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.
Philip Morris International operates outside the US with an accelerating shift to smoke-free products. IQOS heated tobacco and ZYN nicotine pouches now represent 40%+ of revenue. PM has raised its dividend 16+ consecutive years since spinning off from Altria in 2008. The company targets $15B+ in smoke-free revenues by 2030.
SO currently offers a 3.42% yield (2.88/share/year) while PM offers 4.27% (5.40/share/year). PM 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 SO vs PM earn per year?
With $10,000 invested today: SO pays approximately $342/year. PM pays approximately $427/year. With DRIP reinvestment over 10 years, these grow to $614/year (SO) and $722/year (PM).
Does SO or PM pay monthly dividends?
SO pays quarterly dividends. PM 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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