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Alabama Power dividends declared.


BIRMINGHAM Birmingham, cities, United States
Birmingham (bûr`mĭnghăm')

1 City (1990 pop. 265,968), seat of Jefferson co., N central Ala., in the Jones Valley near the southern end of the Appalachian system; founded and inc.
, Ala ALA aminolevulinic acid.
Ala alanine.
ala (a´lah) pl. a´lae   [L.] a winglike process.
.--(BUSINESS WIRE)--Oct. 25, 1996--At a meeting held on Oct. 25, 1996, the board of directors of 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 Co. declared de·clare  
v. de·clared, de·clar·ing, de·clares

v.tr.
1. To make known formally or officially. See Synonyms at announce.

2. To state emphatically or authoritatively; affirm.

3.
 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        - $.3525 per share




These dividends are for the quarter ending Dec. 31, 1996, payable Jan. 1, 1997, to stockholders of record Dec. 3, 1996

Auction Class A Preferred Stock, 1988 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, 1988 Series, for the dividend period beginning Sept. 10, 1996, payable Oct. 29, 1996, to stockholders of record Oct. 28, 1996 and, for the dividend period beginning Oct. 29, 1996, payable Dec. 17, 1996, to stockholders of record Dec. 16, 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 Nov. 18, 1988.

Auction Class A Preferred Stock, 1993 Series

($100 Capital Value)

In addition, the board of directors declared dividends on the Auction Class A Preferred Stock, 1993 Series, for the dividend period beginning Oct. 16, 1996, payable Dec. 4, 1996, to stockholders of record Dec. 3, 1996, and, for the dividend period beginning Dec. 4, 1996, payable Jan. 22, 1997 to stockholders of record on Jan. 21, 1997. The amounts of these dividends shall be determined in accordance with the Auction procedures set forth in the Amendment to the Charter of the company dated Oct. 27, 1993.

Alabama 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 Co., 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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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 25, 1996
Words:371
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