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The Southern Company declares quarterly dividend.


ATLANTA--(BUSINESS WIRE)--Oct. 16, 1995--At their meeting today, the directors of The Southern Company declared a regular quarterly dividend of 30 1/2 cents a share on the company's common stock, payable Dec. 6 to stockholders of record Nov. 6.

This marks the 192nd consecutive quarter -- dating back to 1948 -- that The Southern Company will have paid a dividend to its common shareholders.

The Southern Company (NYSE NYSE

See: New York Stock Exchange
: SO) is the parent firm of five electric utilities: Alabama Power, Georgia Power Georgia Power is an electricity corporation based in Georgia. It is the largest of the four electric utilities that is operated by Southern Company.

Georgia Power is an investor-owned, tax-paying public utility that serves more than two million customers in all but four of
, Gulf Power, Mississippi Power Mississippi Power is an electric utility and a wholly owned subsidiary of Atlanta based Southern Company.

Mississippi Power has 1,253 employees and serves most of the cities, towns, and communities within the 23 counties of southeast Mississippi.
, and Savannah Savannah, city, United States
Savannah, city (1990 pop. 137,560), seat of Chatham co., SE Ga., a port of entry on the Savannah River near its mouth; inc. 1789.
 Electric. The Southern Company's stock is one of the 20 most widely held corporate stocks in America.

CONTACT: The Southern Company

Chuck Griffin, 770/455-1077
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 16, 1995
Words:112
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