Alabama Power declares dividends
BIRMINGHAM, Ala., April 16, 2015 /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:
These dividends are for the quarter ending June 30, 2015, payable July 1, 2015, to shareholders of record on June 16, 2015.
Alabama Power has announced plans to redeem the 5.20% Class A Preferred Stock, 5.30% Class A Preferred Stock and 5.625% Preference Stock. Accrued and unpaid dividends to the date of redemption shall be paid for such securities to shareholders of record on the redemption date.
Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE: SO), provides reliable electricity to more than 1.4 million customers at a total retail price that has been below the national average for decades. Learn more at www.alabamapower.com.
SOURCE Alabama Power Company
For further information: Michael Sznajderman, firstname.lastname@example.org