Alabama Power declares dividends

BIRMINGHAM, Ala., July 13, 2016 /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)
5.83% - $.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.  

SOURCE Alabama Power Company

Related Links

http://www.alabamapower.com