Alabama Power 5% Class A Preferred Stock Cumulative

By: ,

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

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