Alabama Power declares dividends

BIRMINGHAM, Ala., Oct. 15, 2014 /PRNewswire/ -- The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company's outstanding preferred stock and preference stock as follows:

Preferred Stock

($100 Par Value)

4.20% - $1.05 per share

4.52% - $1.13 per share

4.60% - $1.15 per share

4.64% - $1.16 per share

4.72% - $1.18 per share

4.92% - $1.23 per share

Class A Preferred Stock

($25 Capital Value)

5.20% - $.325 per share

5.30% - $.33125 per share

5.83% - $.3644 per share

Preference Stock

($25 Capital Value)

5.625% - $.3515625 per share

6.45% - $.403125 per share

6.50% - $.406250 per share

These dividends are for the quarter ending December 31, 2014, payable January 1, 2015, to shareholders of record on December 17, 2014.

Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE: SO), provides reliable, affordable electricity to more than 1.4 million customers across the state. Learn more at www.alabamapower.com.

SOURCE Alabama Power Company

For further information: Michael Sznajderman, 205-257-4155, msznajde@southernco.com