Alabama Power declares dividends

BIRMINGHAM, Ala., July 15, 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 Sept. 30, 2015, payable Oct. 1, 2015, to shareholders of record on Sept. 16, 2015.

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.   

SOURCE Alabama Power Company