SOBO Dividend History & Yield

South Bow Corporation · NYSE

Stock Energy Quarterly payer Midstream
$37.79
+2.00% today
as of Sep 8, 2026
TTM yield
2.65%
$1.00/share over the last 12 months
Forward yield
5.29%
$2.00/share indicated annual rate
Annual dividend
$2.00
per share, forward
Per payment
$0.50
per share, every quarter
Frequency
Quarterly
4 payments a year
Next ex-dividend date
Sep 29, 2026 Declared
in 20 days
Next pay date
Oct 15, 2026
in 36 days
Last ex-dividend date
Jun 30, 2026
$0.50 per share
Payout ratio
91%
of earnings
Market cap
7.9B
P/E 17.2
5y dividend CAGR
n/a
needs 6+ years of history
Growth streak
0 yrs
no current streak
Years paying
1.7
since Dec 31, 2024
1y total return
+39.8%
price +36.2% + dividends 3.6%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 29, 2026 (in 20 days) Oct 15, 2026 $0.50 $50.00 Declared
Tue, Dec 29, 2026 (in 111 days) Jan 12, 2027 $0.50 $50.00 Estimated
Tue, Mar 30, 2027 (in 202 days) Apr 13, 2027 $0.50 $50.00 Estimated
Tue, Jun 29, 2027 (in 293 days) Jul 13, 2027 $0.50 $50.00 Estimated

Estimated dates and amounts are projected from SOBO's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $2.00 per share.

Dividend payment history

Last 5 payments per share. RegularSpecial

Last 5 payments per share from Dec 31, 2024 to Jun 30, 2026; most recent $0.50$0.00$0.30$0.60Dec 31, 2024: $0.50Dec '24Mar 31, 2025: $0.50Mar '25Jun 30, 2025: $0.50Jun '25Mar 31, 2026: $0.50Mar '26Jun 30, 2026: $0.50Jun '26

Annual dividends per share

Annual dividend per share by calendar year, 2024 to 2026 (year to date)$0.00$0.60$1.202024: $0.50$0.5020242025: $1.00$1.0020252026 (YTD): $1.00$1.002026 YTD

How much SOBO do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month600$22,674$1,200
$500 / month3,000$113,370$6,000
$1,000 / month6,000$226,740$12,000

Based on the forward yield of 5.29%. $10,000 in SOBO would currently pay about $529 a year ($44 a month on average). Model reinvestment and growth →

SOBO dividend history

Download CSV
Ex-datePay dateAmountChange
Jun 30, 2026 $0.50 +0.0%
Mar 31, 2026 $0.50 +0.0%
Jun 30, 2025 $0.50 +0.0%
Mar 31, 2025 $0.50 +0.0%
Dec 31, 2024 $0.50

SOBO dividend increases & cuts

Market-wide changes →

No change to SOBO's regular dividend detected in the last year of data.

Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.

Payout risk check

Yield-trap heuristicLow risk

SOBO scores 15/100 on our yield-trap heuristic (low risk).

1 warning flag raised:

  • Payout ratio above 80% of earnings

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About South Bow Corporation

South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. The Keystone Pipeline System segment consists of the company's main liquids pipeline network, which transports crude oil from Hardisty, Alberta, to key U.S. markets including Wood River, Patoka, Illinois, Cushing, Oklahoma, and the Gulf Coast. The Marketing segment provides crude oil marketing services, including transportation, storage, and logistics, and engages in physical crude oil trading and hedging activities.

Sector: Energy. Industry: Oil & Gas Midstream. First dividend on our records: Dec 31, 2024. 5 payments tracked. Data last refreshed Sep 8, 2026. Spotted a mistake? Report it and we'll fix it.

SOBO dividend FAQ

When is SOBO's next ex-dividend date?

SOBO's next ex-dividend date is Sep 29, 2026 (in 20 days, declared by the company). You must own the shares before that date to receive the payment of about $0.50 per share, expected on Oct 15, 2026.

How often does SOBO pay dividends?

SOBO pays dividends every quarter, 4 times a year. The most recent payment was $0.50 per share with an ex-date of Jun 30, 2026.

What is SOBO's dividend yield?

SOBO's trailing 12-month dividend yield is 2.65%, based on $1.00 per share paid over the last year and a share price of $37.79. The forward yield, using the indicated annual rate of $2.00 per share, is 5.29%.

How much does SOBO pay per share?

SOBO pays about $0.50 per share each quarter, which works out to roughly $2.00 per share a year. 100 shares would collect about $200.00 a year.

Has SOBO grown or cut its dividend?

SOBO does not have enough payment history for us to measure dividend growth yet.

How many shares of SOBO do I need to earn $100 a month?

At the current forward yield of 5.29%, you would need about 600 shares of SOBO (roughly $22,674 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.

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