Alabama Power Dividends Declared
PR Newswire
BIRMINGHAM, Ala.

BIRMINGHAM, Ala., Jan. 13, 2011 /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 March 31, 2011, payable April 1, 2011, to shareholders of record on March 17, 2011.

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.

SOURCE Alabama Power Company