BIRMINGHAM, Ala., Oct. 12, 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 December 31, 2016, payable January 1, 2017, to shareholders of record on
December 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.
http://alabamanewscenter.com
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SOURCE Alabama Power Company