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 ONÂ Â 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
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Company Investor Relations Page for Alabama Power
Click here to find the offering Prospectus and Final Pricing Document