SOUTHERN CO (SO) closed fiscal year 2025 with 1,100 M shares outstanding and a dividend of 2.94 USD per share.
SOUTHERN CO (SO) closed fiscal year 2025 with 1,100 M shares outstanding and a dividend of 2.94 USD per share. Over the year the share count rose by 1.00 M shares on a net basis, typically through stock-based compensation and options. Since 2008 the share count has grown by 41.9 %. The dividend per share was 2.94 USD, up 2.8 % year on year. Total dividends paid came to 3.02 B USD, spread over 4 payments. The series covers 19 fiscal years, from 2007 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 775M | 820M | 844M | 866M | 868M | 887M | 909M | 912M | 991M | 1,000M | 1,000M | 1,099M | 1,099M | 1,099M | 1,099M | 1,099M | 1,099M | 1,100M |
| Shares issued — SBC/options | 14.0M | 45.0M | 24.0M | 22.0M | 2.00M | 19.3M | 21.7M | 2.60M | 79.4M | 9.00M | 0.00M | 99.0M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1.00M |
| Shares issued (%) | 1.81 % | 5.49 % | 2.84 % | 2.54 % | 0.23 % | 2.18 % | 2.39 % | 0.29 % | 8.01 % | 0.90 % | 0.00 % | 9.01 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.09 % |
| Shares repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares repurchased (%) | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Net addition/reduction | 14.0M | 45.0M | 24.0M | 22.0M | 2.00M | 19.3M | 21.7M | 2.60M | 79.4M | 9.00M | 0.00M | 99.0M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 1.00M |
| Net addition/reduction (%) | 1.81 % | 5.49 % | 2.84 % | 2.54 % | 0.23 % | 2.18 % | 2.39 % | 0.29 % | 8.01 % | 0.90 % | 0.00 % | 9.01 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.09 % |
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 1.66 | 1.73 | 1.80 | 1.87 | 1.94 | 2.01 | 2.08 | 2.15 | 2.22 | 2.30 | 2.38 | 2.46 | 2.54 | 2.62 | 2.70 | 2.78 | 2.86 | 2.94 |
| Payout Ratio (%) | 73.48 % | 83.32 % | 75.75 % | 72.67 % | 72.04 % | 103.04 % | 91.88 % | 80.92 % | 84.40 % | 261.36 % | 108.16 % | 54.06 % | 85.67 % | 115.32 % | 82.23 % | 76.33 % | 67.12 % | 69.45 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 1.28B | 1.37B | 1.50B | 1.60B | 1.69B | 1.76B | 1.87B | 1.96B | 2.10B | 2.30B | 2.43B | 2.57B | 2.69B | 2.78B | 2.91B | 3.04B | 2.95B | 3.02B |
| Dividend Yield (%) | 4.62 % | 5.18 % | 4.69 % | 4.04 % | 4.59 % | 4.93 % | 4.13 % | 4.57 % | 4.54 % | 4.76 % | 5.42 % | 3.88 % | 4.23 % | 3.87 % | 3.77 % | 3.96 % | 3.44 % | 3.37 % |
Figures in USD
