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The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Southern Co's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.68.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Southern Co is 0.71, which seems too high.
The historical rank and industry rank for Southern Co's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Southern Co was 3.44. The lowest was 0.71. And the median was 0.91.
As of today (2024-10-31), the Dividend Yield % of Southern Co is 3.12%.
During the past 13 years, the highest Trailing Annual Dividend Yield of Southern Co was 5.43%. The lowest was 3.02%. And the median was 4.25%.
Southern Co's Dividends per Share for the months ended in Jun. 2024 was $0.72.
During the past 12 months, Southern Co's average Dividends Per Share Growth Rate was 2.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.30% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Southern Co was 4.20% per year. The lowest was 0.40% per year. And the median was 3.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
The historical data trend for Southern Co's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Southern Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Dividend Payout Ratio | Get a 7-Day Free Trial | 0.89 | 0.87 | 1.26 | 0.82 | 0.82 |
Southern Co Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Dividend Payout Ratio | Get a 7-Day Free Trial | 1.00 | 0.57 | 0.98 | 0.71 | 0.68 |
For the Utilities - Regulated Electric subindustry, Southern Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Utilities - Regulated industry and Utilities sector, Southern Co's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Southern Co's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Southern Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Dividend Payout Ratio | = | Dividends per Share (A: Dec. 2023 ) | / | EPS without NRI (A: Dec. 2023 ) |
= | 2.78 | / | 3.404 | |
= | 0.82 |
Southern Co's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as
Dividend Payout Ratio | = | Dividends per Share (Q: Jun. 2024 ) | / | EPS without NRI (Q: Jun. 2024 ) |
= | 0.72 | / | 1.053 | |
= | 0.68 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Southern Co (NYSE:SO) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Southern Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Bryan D Anderson | officer: EVP & Pres. External Affairs | 30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308 |
Spainhour Sterling A Jr. | officer: EVP, Chief Legal Officer & CCO | 4370 PEACHTREE ROAD, NE, ATLANTA GA 30319 |
Anthony L Wilson | officer: President, Mississippi Power | 30 IVAN ALLEN JR. BLVD, ATLANTA GA 30308 |
Sloane N Drake | officer: EVP, CHRO | 30 IVAN ALLEN JR BLVD NW, ATLANTA GA 30308 |
Kimberly S, Greene | officer: President & CEO, SCS | 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308 |
Christopher Cummiskey | officer: EVP & CCCS Officer | 241 RALPH MCGILL BLVD., ATLANTA GA 30308 |
Stephen E Kuczynski | officer: Pres. & CEO, Southern Nuclear | 30 IVAN ALLEN JR. BLVD, NW, ATLANTA GA 30308 |
David P. Poroch | officer: Comptroller | 241 RALPH MCGILL BLVD., ATLANTA GA 30308 |
Shantella E. Cooper | director | 241 RALPH MCGILL BLVD., NW, ATLANTA GA 30308 |
Martin Bernard Davis | officer: EVP and CIO | 520 GERVAIS STREET, C/O SOUTH STATE CORP, COLUMBIA SC 29201 |
Thomas A Fanning | officer: CFO | |
Lizanne Thomas | director | 1420 PEACHTREE STREET NE, SUITE 800, ATLANTA GA 30309 |
David E Meador | director | ONE ENERGY PLAZA, DETROIT MI 48226 |
James Jeffrey Peoples | officer: Chairman, President & CEO, APC | 600 NORTH 18TH STREET, BIRMINGHAM AL 35203 |
Kerr, Ii James Y | officer: Executive VP & General Counsel | 30 IVAN ALLEN JR. BLVD., NW, ATLANTA GA 30308 |
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