BIRMINGHAM, Ala., Jan. 11, 2017 /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 March 31, 2017, payable April 1, 2017, to shareholders of record on March 17, 2017.

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.  

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alabama-power-dividends-declared-300389411.html

SOURCE Alabama Power Company

Copyright 2017 PR Newswire

Southern (NYSE:SO)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Southern Charts.
Southern (NYSE:SO)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Southern Charts.