Southern's Preferred Stock Shares Cross 5.5% Yield Mark
September 15, 2014 at 14:09 PM EDT
In trading on Monday, shares of Southern Company's 5.83% Class A Preferred Stock Cumulative (ALP. RO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4575), with shares changing hands as low as $26.46 on the day.
