CMSC vs SO
CMS Energy Corporation 5.875% J compared with The Southern Company on yield, payout growth, payment schedule, cost and risk.
CMSC
CMS Energy Corporation 5.875% J
TTM yield · Quarterly
SO
The Southern Company
TTM yield · Quarterly
Quick take
- CMSC yields more today: 7.49% vs 3.27% (forward).
- SO has grown its payout faster: 2.9%/yr vs 0.0%/yr over the last 5 years.
- Both pay every quarter.
- SO has the longer streak of annual increases: 25 years vs 0.
- Over the last year SO delivered the higher total return: +1.2% vs -11.4% (price change plus payouts).
- SO raises fewer payout-risk flags on our heuristic (low vs low).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CMSC | SO |
|---|---|---|
| Share price | $19.60 | $92.89 |
| TTM yield | 7.49% | 3.23% |
| Forward yield | 7.49% | 3.27% |
| Annual payout per share | $1.468 | $3.04 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Dec 30, 2026 (est.) | Nov 16, 2026 (declared) |
| Payout ratio (earnings) | — | 72% |
| 1-year payout growth | +0.0% | +2.7% |
| 5-year payout CAGR | +0.0% | +2.9% |
| Consecutive years of increases | 0 years | 25 years |
| Payout consistency (last 12) | 100/100 | 97/100 |
| 1-year total return | -11.4% | +1.2% |
| 1-year price return | -17.6% | -2.0% |
| Size (market cap / AUM) | — | 106.9B |
| Years paying | 7.8 | 44.7 |
| Payout risk (heuristic) | Low | Low |
| Sector / category | Utilities | Utilities |
✓ 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
| CMSC | SO | |
|---|---|---|
| Shares | 510.2 | 107.7 |
| Income per year | $749 | $327 |
| Income per month (avg) | $62 | $27 |
At forward yields, before taxes. Model CMSC · Model SO
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CMSC Dec 30, 2026 | Jan 13, 2027 | $0.367 | Est. |
| CMSC Mar 31, 2027 | Apr 14, 2027 | $0.367 | Est. |
| CMSC Jun 30, 2027 | Jul 14, 2027 | $0.367 | Est. |
| SO Nov 16, 2026 | Dec 7, 2026 | $0.76 | Declared |
| SO Feb 15, 2027 | Mar 1, 2027 | $0.76 | Est. |
| SO May 17, 2027 | May 31, 2027 | $0.76 | Est. |
Annual payouts per share
CMSCSO
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, CMSC or SO?
CMSC currently has the higher trailing yield: CMSC yields 7.49% and SO yields 3.23%. Yield changes daily with price, so check the live figures above.
How often do CMSC and SO pay?
CMSC pays every quarter and SO pays every quarter. CMSC's next ex-date is Dec 30, 2026 and SO's is Nov 16, 2026.
Which has grown its dividend faster, CMSC or SO?
SO has grown its payout faster: 2.9%/yr vs 0.0%/yr over the last 5 years.
Is CMSC or SO better for income?
It depends on what you are optimising for. CMSC 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.