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Alabama Power dividends declared.


BIRMINGHAM, Ala ALA aminolevulinic acid.
Ala alanine.
ala (a´lah) pl. a´lae   [L.] a winglike process.
.--(BUSINESS WIRE)--July 26, 1996--At a meeting held on July 26, 1996, the board of directors of Alabama Power Company Alabama Power Company is a company in the southern United States that provides electricity service to 1.3 million homes, businesses, and industries in the southern two-thirds of Alabama. It is one of four U.S.  declared the regular quarterly dividends on the company's preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.

Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate.
 as follows: -0-
                           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
                       5.96% - $1.49 per share
                       6.88% - $1.72 per share


                       Class A Preferred Stock
                         ($25 Capital Value)


                       6.80% - $.425 per share
                       6.40% - $.400 per share
          First Series 7.60% - $.475 per share
         Second Series 7.60% - $.475 per share
       Adjustable Rate
           1993 Series       - $.350625 per share


These dividends are for the quarter ending Sept. 30, 1996, payable Oct. 1, 1996, to stockholders of record Sept. 3, 1996.

Auction Class A Preferred Stock, 1993 Series

$100 Capital Value

In addition, the board of directors declared dividends declared dividend

A dividend authorized by a firm's board of directors. At the time a dividend is declared, the firm creates a liability for the dividend's payment.
 on the Auction Class A Preferred Stock, 1993 Series, for the dividend period beginning August 28, 1996, payable Oct. 16, 1996, to stockholders of record Oct. 15, 1996. The amounts of these dividends shall be determined in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[]

As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh.
 with the Auction procedures set forth in the Amendment to the Charter of the company dated Oct. 27, 1993.

Alabama Alabama, indigenous people of North America
Alabama (ăləbăm`ə), indigenous people of North America whose language belongs to the Muskogean branch of the Hokan-Siouan linguistic stock (see Native American languages).
 Power, a subsidiary of The Southern Company, is an investor-owned electric utility serving 1.2 million customers in the southern two-thirds of Alabama.

CONTACT: Alabama Power Company, Birmingham

Dave Rickey rick·ey  
n. pl. rick·eys
A drink of soda water, lime or lemon juice, sugar, and usually gin.



[Probably from the name Rickey.]

Noun 1.
, 205/250-1517
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 26, 1996
Words:255
Previous Article:FFCA Announces Second Quarter Dividend Of $0.45 Per Share And Reports Second Quarter Results; Funds From Operations Increased 10% Over The Same...
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