Southern's Class A Preferred Stock Crosses Above 5% Yield Territory
January 26, 2015 at 15:50 PM EST
In trading on Monday, shares of Southern Company's 5.30% Class A Preferred Stock (ALP. RP) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.325), with shares changing hands as low as $25.77 on the day.