Southern's Series Preferred Stock Shares Cross 5% Yield Mark
January 21, 2015 at 14:56 PM EST
In trading on Wednesday, shares of Southern Company's 5.25% Series Preferred Stock (MP. RD) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $25.54 on the day.