Alabama Power Dividends Declared

News provided by

Alabama Power Company

Apr 13, 2011, 02:56 ET

BIRMINGHAM, Ala., April 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 June 30, 2011, payable July 1, 2011, to shareholders of record on June 16, 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

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