Alabama Power declares dividends

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BIRMINGHAM, Ala., April 14, 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 June 30, 2016, payable July 1, 2016, to shareholders of record on June 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