Alabama Power declares dividends
BIRMINGHAM – 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) 5.83% - $.364375 per share
Preference Stock ($25 Capital Value) 6.45% - $.403125 per share 6.50% - $.406250 per share These dividends are for the quarter ending September 30, 2016, payable October 1, 2016, to shareholders of record on September 16, 2016. Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE:SO), provides reliable, affordable 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. |