SOJD · The Southern Company, Series 2020A 4.95% Junior Subordinated Notes due 1/30/2080, cumulative · dividend, yield to call and par
Summary
SOJD is a cumulative preferred of The Southern Company. Par is $25.00. The coupon is 4.95%, fixed, paid as $0.3094 a quarter. It is not callable. The issuer is an operating company rated investment grade. The score is 7.4, Good.
4 payments a year. 20 paid since 2022, never changed.
Payments ↓The issuer holds no redemption right, so the yield to worst is the current yield. With the coupon fixed, a one-point move in rates shifts the price about 14%.
Price history ↓4.95% of $25 for as long as the shares are outstanding. A cumulative dividend: a missed payment is still owed.
Questions ↓Preferred equity, senior to the common and below every note and bond. The credit pillar is the weakest of four.
How the score works →| Ex-date | Pay date | Amount | Change | Note |
|---|---|---|---|---|
| Jan 29, 2027 | 01/29/27 | $0.3094 | 0.0% | estimated from the coupon |
| Oct 29, 2026 | 10/30/26 | $0.3094 | 0.0% | paid |
| Jul 29, 2026 | 07/30/26 | $0.3094 | 0.0% | paid |
| Apr 29, 2026 | 04/30/26 | $0.3094 | 0.0% | paid |
How it stacks up · similar preferreds
All baby bonds| Security | Current yield | Coupon | Credit quality | Call date | IQS |
|---|---|---|---|---|---|
| SOJD this pageThe Southern Company, Series 2020A 4.95% Junior Subordinated Notes due 1/30/2080 | 7.08% | 4.95% | Investment grade | None | 7.4 |
| PSA-GPublic Storage, 5.05% Depositary Shares Cumulative Preferred Share Series G | 7.03% | 5.05% | Investment grade | None | 8.9 |
| WFC-LWells Fargo & Co., 7.50% Non-Cumul Perp Conv Cl A Preferred Stock, Series L | 7.00% | 7.5% | Investment grade | None | 7.3 |
| CMSCCMS Energy Corp., 5.875% Junior Subordinated Notes due 10/15/2078 | 7.21% | 5.875% | Investment grade | Callable now | 7.1 |
| WFC-ZWells Fargo & Co. 4.75% Dep Shares Non-Cumul Perp Cls A Preferred Stock Series Z | 6.91% | 4.75% | Investment grade | None | 6.7 |
Chosen from the 29 preferreds with open records: other issuers only, the same credit quality first, then the closest current yield. Mandatory convertibles are matched only with each other.
Questions about SOJD
How much does SOJD pay, and how often?
SOJD pays $1.24 a share a year. That is 4.95% of the $25.00 face value. At the November 9 close of $17.48, it is a 7.08% current yield.
When is SOJD’s next ex-dividend date?
January 29, 2027, with payment on January 29. The date is projected from the payment cycle. The Southern Company has not declared it yet.
Are SOJD’s payments qualified dividends?
No. SOJD is a bond, so it pays interest, which is taxed as ordinary income.
Can SOJD be called?
No. SOJD has no call date.
Does SOJD have a maturity date?
No. SOJD is perpetual. The Southern Company is not required to repay the $25.00 on any date.
What is SOJD’s credit quality?
Investment grade. YieldDesk shows credit quality as Investment grade, High yield or Not rated.
What is SOJD’s Income Quality Score?
SOJD scores 7.4 out of 10, in the Good tier, computed on November 9, 2026 from filings and market data. The score weighs four pillars: coverage and protection, credit, buyback economics, and structure. Credit is the lowest, at 6.0. The methodology page explains each pillar.
Payments from issuer declarations; terms from the prospectus on SEC EDGAR; price from licensed market data, delayed 15 minutes. Credit quality shows Investment grade, High yield or Not rated. The Income Quality Score is computed from filings and market data; the methodology page lists each class’s pillars. IQS describes a security. It is not investment advice or a recommendation to buy, sell or hold.
This is one record of 950+. The rest open with a free account.
No card is required. A free account opens every record, a watchlist and alerts.