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SOJE Dividend Calculator

Calculate how much dividend income Southern Company (The) Series 2 (SOJE) could generate with reinvestment. Pre-loaded with SOJE's current 3.40% yield.

Dividend Yield: 3.40%

Annual Dividend: $3.00 per share

Share Price: $15.92

Payout Ratio: 66.6%

SOJE DRIP Calculator

Model SOJE dividend reinvestment with customizable yield, growth rate, contribution, and time horizon. Compare DRIP vs no-DRIP returns and see year-by-year projection tables.

Frequently Asked Questions

What is SOJE's current dividend yield?

SOJE (Southern Company (The) Series 2) currently has a dividend yield of 3.40%. This means for every $10,000 invested, you would receive approximately $340 per year in dividend income before taxes.

How much SOJE do I need to make $1,000 per month in dividends?

To earn $1,000 per month ($12,000/year) from SOJE at its current yield of 3.40%, you would need approximately $352,941 invested. With dividend reinvestment and growth, you may need less over time.

Does SOJE pay monthly dividends?

Yes, SOJE pays dividends monthly, making it popular with income investors who want regular cash flow.

Is SOJE's dividend safe?

SOJE's payout ratio is 66.6%, which is moderate. While the dividend is currently sustainable, there's less room for earnings fluctuations compared to lower payout ratios.

What is SOJE's dividend growth rate?

We don't have enough historical data to calculate a reliable dividend growth rate for SOJE. You can set a custom growth rate in the calculator above.

See full dividend history and analysis on the SOJE dividend page.