Alabama Power 5% Class A Preferred Stock Cumulative
By: Tim McPartland,
Date Issued 9/5/2017
Shares Issued 10,000,000 Overallotment None
S&P Rating BBB Moodys Rating A3
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Security Ticker Symbol Not Announced OTC Grey Market Ticker ABBLP
Market Traded ON NYSE
Dividend Payment Paid on the 1st of January, April, July and October beginning on 10/01/2017
Quarterly Dividend .3125 Annual Dividend 1.25
Securities may be redeemed, at the issuers option, as early as 10/01/2022 for a redemption price of $25/share plus accrued dividends.
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Dividend Payment Likely Will be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Alabama Power
Click here to find the offering Prospectus and Final Pricing Document
