ALP-Q Alabama Power Company 5.00% Class A Cumulative Preferred Stock

Dividends will be cumulative from the date of issuance and are payable quarterly on January 1, April 1, July 1 and October 1 of each year, beginning October 1, 2017. The Company shall have the right to redeem the Class A Preferred Stock, in whole or in part, from time to time, on or after October 1, 2022, upon not less than 30 nor more than 60 days’ notice, at a redemption price equal to $25.00 per share plus accrued and unpaid dividends (whether or not declared) to but excluding the redemption date.  This security was issued by Southern Co, whose common stock symbol is SO.

$25.03  0.00 (0.00%)
As of 10/13/2022 00:00:00 EST     IEX book   CBOE book

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Security Information

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Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Utilities
Industry:  Utilities—Regulated Electric
Index country:  USA
Country of incorporation:  USA
IPO date:  09/05/2017
Outstanding shares:  10,000,000
Average volume:  7,940
Market cap:   $249,900,000
Current dividend yield:  5.00%    calculation
Coupon rate:    5.000%
Cumulative:    Yes
Liquidation value:   $25.00
Callable after:   10/01/2022
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BF2FQN2