SO dividend yield: 3.42%. QYLD dividend yield: 11.43%. 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. QYLD sells covered calls on the full Nasdaq 100 index, generating very high monthly income (10%+ yield). The strategy caps upside participation in exchange for income. Best suited for investors who prioritize maximum current income over capital appreciation. NAV erosion over time is a known trade-off.
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.
QYLD sells covered calls on the full Nasdaq 100 index, generating very high monthly income (10%+ yield). The strategy caps upside participation in exchange for income. Best suited for investors who prioritize maximum current income over capital appreciation. NAV erosion over time is a known trade-off.
SO currently offers a 3.42% yield (2.88/share/year) while QYLD offers 11.43% (1.92/share/year). QYLD 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 QYLD earn per year?
With $10,000 invested today: SO pays approximately $342/year. QYLD pays approximately $1143/year. With DRIP reinvestment over 10 years, these grow to $614/year (SO) and $3,554/year (QYLD).
Does SO or QYLD pay monthly dividends?
SO pays quarterly dividends. QYLD pays monthly dividends. QYLD pays monthly, which is preferred by investors who need regular cash flow.
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