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Southern CoWBO:SOUT -0.32%67 3-Year Dividend Growth Rate is 2.90% as of Jun. 2026, which is 12% below its 10-year median of 3.30. GuruFocus rates WBO:SOUT with a GF Score™ of 67/100 and a GF Value™ of €82.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 306 Utilities - Regulated companies, Southern Co ranks worse than 63.4% on this metric.
The historical rank and industry rank for Southern Co's 3-Year Dividend Growth Rate or its related term are showing as below:
WBO:SOUT'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0 Med: 3.3 Max: 4.2
Current: 2.9
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 0.00% per year. And the median was 3.30% per year.
WBO:SOUT's 3-Year Dividend Growth Rate is ranked worse than 63.4% of 306
companies
in the Utilities - Regulated industry
Industry Median: 5.6
vs WBO:SOUT: 2.90
During the past 12 months, Southern Co's average Dividends Per Share Growth Rate was 2.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 3.00% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.20% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Southern Co is 0.78, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
During the past 13 years, the highest Dividend Payout Ratio of Southern Co was 3.44. The lowest was 0.75. And the median was 0.88.
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 0.78, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Southern Co Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.760000
2026-08-17
2026-08-17
2026-09-08
Cash Dividend
quarterly
USD:EUR 0.863000
USD 0.760000
2026-05-18
2026-05-18
2026-06-08
Cash Dividend
quarterly
USD:EUR 0.856000
USD 0.740000
2026-02-17
2026-02-17
2026-03-06
Cash Dividend
quarterly
USD:EUR 0.846000
USD 0.740000
2025-11-17
2025-11-17
2025-12-08
Cash Dividend
quarterly
USD:EUR 0.865000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Southern Co's Dividend Yield (%) for Today is calculated as
Current Share Price is €74.80.
Southern Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.57258.
During the past 13 years, the highest Dividend Yield of Southern Co was 5.43%. The lowest was 2.97%. And the median was 4.03%.
* 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 3-Year Dividend Growth Rate Related Terms>
WBO:SOUT vs DUK, AEP, D: 3-Year Dividend Growth Rate Comparison
For the Utilities - Regulated Electric subindustry, Southern Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.
Southern Co 3-Year Dividend Growth Rate vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Southern Co's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Southern Co's 3-Year Dividend Growth Rate falls into.
Southern Co 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 2.90% mean?
Southern Co (WBO:SOUT) has a 3-Year Dividend Growth Rate of 2.90% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Southern Co and its competitors. This is 12% below median its historical median of 3.30. According to the industry distribution chart, Southern Co ranks #194 out of 306 companies in the Utilities - Regulated industry, placing it in the top 63.4%.
Is Southern Co's 3-Year Dividend Growth Rate too high?
Southern Co's current 3-Year Dividend Growth Rate of 2.90% is 12% below median its 10-year median of 3.30. The Utilities - Regulated industry median 3-Year Dividend Growth Rate is 5.60. Southern Co's value of 2.90% is 48.2% below this industry median. Based on the distribution chart, Southern Co ranks #194 out of 306 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Southern Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Co's 3-Year Dividend Growth Rate compare to DUK and AEP?
According to the Utilities - Regulated industry distribution chart, Southern Co ranks #194 out of 306 companies for 3-Year Dividend Growth Rate. This places Southern Co in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 5.60. Southern Co's value of 2.90% is 48.2% below this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 5.60, Southern Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Utilities - Regulated company?
The median 3-Year Dividend Growth Rate among Utilities - Regulated companies is 5.60, based on 306 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southern Co's current 3-Year Dividend Growth Rate of 2.90% is 48.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Southern Co and its competitors. For the Utilities - Regulated industry, the median 3-Year Dividend Growth Rate is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Co's current 3-Year Dividend Growth Rate is 2.90%, which is 12% below median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Co stock overvalued right now?
Based on GuruFocus' analysis, Southern Co (WBO:SOUT) is currently considered Modestly Undervalued. The stock's GF Value™ is €82.91, compared to a current price of €74.80 — trading 9.8% below its estimated fair value. The current 3-Year Dividend Growth Rate is 2.90%, which is 12% below median its 10-year median of 3.30 and 48.2% below the Utilities - Regulated industry median of 5.60. Southern Co's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Southern Co (WBO:SOUT), the current 3-Year Dividend Growth Rate is 2.90% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Southern Co (WBO:SOUT) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Co stock appears to be undervalued.
The current stock price of €74.80 is trading 9.8% below its estimated GF Value™ of €82.91.
GuruFocus considers Southern Co to be Modestly Undervalued.
Key valuation signals for WBO:SOUT:
3-Year Dividend Growth Rate: 2.90% (12% below median its 10-year median of 3.30)
GF Value™: €82.91 vs. price of €74.80 (9.8% below fair value)
Industry Position: 48.2% below the Utilities - Regulated median (#194 of 306)
No single metric tells the full story. See the WBO:SOUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern is one of the largest utilities in the US. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 46 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the US and sells the electricity primarily under long-term contracts.
67GF Score
Get the complete analysis for WBO:SOUT
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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