CMSA vs SO

CMS Energy Corporation 5.6% JRSUB NT 78 compared with The Southern Company on yield, payout growth, payment schedule, cost and risk.

CMSA

CMS Energy Corporation 5.6% JRSUB NT 78

7.16%

TTM yield · Quarterly

VS

SO

The Southern Company

3.37%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricCMSASO
Share price$19.66$88.99
TTM yield7.16%3.37%
Forward yield7.16%3.42%
Annual payout per share$1.408$3.04
Payment frequencyQuarterlyQuarterly
Next ex-dateNov 30, 2026 (est.)Nov 16, 2026 (est.)
Payout ratio (earnings)72%
1-year payout growth+0.0%+2.7%
5-year payout CAGR+0.0%+2.9%
Consecutive years of increases0 years25 years
Payout consistency (last 12)100/10097/100
1-year total return-6.4%-0.3%
1-year price return-12.6%-3.6%
Size (market cap / AUM)102.4B
Years paying8.344.6
Payout risk (heuristic)LowLow
Sector / categoryUtilitiesUtilities

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

CMSASO
Shares508.6112.4
Income per year$716$342
Income per month (avg)$60$28

At forward yields, before taxes. Model CMSA · Model SO

Next payments

Ex-datePay datePer shareStatus
CMSA Nov 30, 2026Dec 14, 2026$0.352Est.
CMSA Mar 1, 2027Mar 15, 2027$0.352Est.
CMSA May 31, 2027Jun 14, 2027$0.352Est.
SO Nov 16, 2026Nov 30, 2026$0.76Est.
SO Feb 15, 2027Mar 1, 2027$0.76Est.
SO May 17, 2027May 31, 2027$0.76Est.

Annual payouts per share

CMSASO

Annual dividend per share, CMSA vs SO, 2019 to 2026SOCMSA$0.00$2.00$4.00CMSA 2019: $1.408SO 2019: $2.462019CMSA 2020: $1.408SO 2020: $2.542020CMSA 2021: $1.408SO 2021: $2.622021CMSA 2022: $1.408SO 2022: $2.702022CMSA 2023: $1.408SO 2023: $2.782023CMSA 2024: $1.408SO 2024: $2.862024CMSA 2025: $1.408SO 2025: $2.942025CMSA 2026 (YTD): $1.056SO 2026 (YTD): $2.262026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, CMSA or SO?

CMSA currently has the higher trailing yield: CMSA yields 7.16% and SO yields 3.37%. Yield changes daily with price, so check the live figures above.

How often do CMSA and SO pay?

CMSA pays every quarter and SO pays every quarter. CMSA's next ex-date is Nov 30, 2026 and SO's is Nov 16, 2026.

Which has grown its dividend faster, CMSA or SO?

SO has grown its payout faster: 2.9%/yr vs 0.0%/yr over the last 5 years.

Is CMSA or SO better for income?

It depends on what you are optimising for. CMSA and SO differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

Related comparisons

CMSA dividend history →
SO dividend history →

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