Southern Company Approves Quarterly Dividend

Apr 16, 2001, 01:00 ET from Southern Company

    ATLANTA, April 16 /PRNewswire/ -- Southern Company's board of directors
 today approved a regular quarterly dividend of 33-1/2 cents a share on the
 company's common stock, payable June 6, 2001, to shareholders of record at the
 close of business on May 7, 2001.
     This marks the 214th consecutive quarter -- dating back to 1948 -- that
 Southern Company has paid a dividend to its shareholders.  The quarterly
 dividend equals an annual rate of $1.34 per share.
     Southern Company plans to announce its first quarter 2001 financial
 results April 26.
     Southern Company (NYSE:   SO) is a super-regional energy company with more
 than 32,000 megawatts of electric generating capacity in the Southeast.  It is
 one of the largest producers of electricity in the United States.  Southern
 Company is the parent firm of Alabama Power, Georgia Power, Gulf Power,
 Mississippi Power, Savannah Electric, Southern Nuclear, Southern Company
 Energy Solutions, Southern LINC and Southern Telecom.  Southern Company also
 owns a growing competitive generation business in the Southeast.  Southern
 Company brands are synonymous with excellent customer service, high
 reliability and retail electric prices that are 15 percent below the national
 average. With more than 500,000 shareholders, Southern Company common stock is
 one of the most widely held stocks in the United States.
 
 

SOURCE Southern Company
    ATLANTA, April 16 /PRNewswire/ -- Southern Company's board of directors
 today approved a regular quarterly dividend of 33-1/2 cents a share on the
 company's common stock, payable June 6, 2001, to shareholders of record at the
 close of business on May 7, 2001.
     This marks the 214th consecutive quarter -- dating back to 1948 -- that
 Southern Company has paid a dividend to its shareholders.  The quarterly
 dividend equals an annual rate of $1.34 per share.
     Southern Company plans to announce its first quarter 2001 financial
 results April 26.
     Southern Company (NYSE:   SO) is a super-regional energy company with more
 than 32,000 megawatts of electric generating capacity in the Southeast.  It is
 one of the largest producers of electricity in the United States.  Southern
 Company is the parent firm of Alabama Power, Georgia Power, Gulf Power,
 Mississippi Power, Savannah Electric, Southern Nuclear, Southern Company
 Energy Solutions, Southern LINC and Southern Telecom.  Southern Company also
 owns a growing competitive generation business in the Southeast.  Southern
 Company brands are synonymous with excellent customer service, high
 reliability and retail electric prices that are 15 percent below the national
 average. With more than 500,000 shareholders, Southern Company common stock is
 one of the most widely held stocks in the United States.
 
 SOURCE  Southern Company