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Alabama Power Dividends Declared


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Alabama Power Dividends Declared -- BIRMINGHAM, Ala., July 18, 2011 /PRNewswire/ --

Alabama Power Dividends Declared

[ ]

BIRMINGHAM, Ala., July 18, 2011 /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)
5.20% - $.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 September 30, 2011, payable October 1, 2011, to shareholders of record on September 16, 2011.

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

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