BIRMINGHAM, Ala., Jan. 13 /PRNewswire-FirstCall/ -- 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) ------------------- 5.20% - $.325 per share 5.30% - $.33125 per share 5.83% - $.3644 per share Preference Stock ($25 Capital Value) ------------------- 5.625% - $.3515625 per share 6.45% - $.403125 per share 6.50% - $.406250 per share
These dividends are for the quarter ending March 31, 2010, payable April 1, 2010, to shareholders of record on March 17, 2010.
Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE: SO), provides reliable, affordable electricity to more than 1.4 million customers across the state.
SOURCE Alabama Power Company