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ALABAMA POWER DIVIDENDS DECLARED

Media Inquiry Line:    205-257-4155                
News Media Contact: Alyson Tucker 
alfuqua@southernco.com            

ALABAMA POWER DIVIDENDS DECLARED

BIRMINGHAM – The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company’s outstanding preferred stock as follows:

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

Class A Preferred Stock

($25 Capital Value)

5.00% - $.3125 per share

These dividends are for the quarter ending March 31, 2022, payable April 1, 2022, to shareholders of record on March 17, 2022.

Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE:SO), provides reliable, affordable electricity to 1.5 million customers across the state. Learn more at www.alabamapower.com.