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:
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% - $.3644 per
share
|
|
Preference
Stock
|
($25 Capital
Value)
|
6.45% - $.403125 per
share
|
6.50% - $.406250 per
share
|
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.
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visit:http://www.prnewswire.com/news-releases/alabama-power-declares-dividends-300067188.html
SOURCE Alabama Power Company