On 12/15/14, Southern Company's 5.20% Class A Preferred Stock (Symbol: ALP.PRN) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 1/1/15. As a percentage of ALP.PRN's recent share price of $25.38, this dividend works out to approximately 1.28%, so look for shares of ALP.PRN to trade 1.28% lower - all else being equal - when ALP.PRN shares open for trading on 12/15/14. On an annualized basis, the current yield is approximately 5.13%, which compares to an average yield of 4.78% in the "Utilities" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of ALP.PRN shares, versus SO:
Below is a dividend history chart for ALP.PRN, showing historical dividends prior to the most recent $0.325 on Southern Company's 5.20% Class A Preferred Stock:
According to the ETF Finder at ETF Channel, Southern Company (Symbol: SO) makes up 7.51% of the Uranium+Nuclear Energy ETF ( NLR ) which is trading relatively unchanged on the day Thursday.
In Thursday trading, Southern Company's 5.20% Class A Preferred Stock (Symbol: ALP.PRN) is currently trading flat on the day, while the common shares (Symbol: SO) are trading flat.