Alabama Power declares dividends

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Oct 14, 2015, 12:49 ET

BIRMINGHAM, Ala., Oct. 14, 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% - $.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, 2015, payable January 1, 2016, to shareholders of record on December 17, 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