|
Mississippi Power Co., 4.40% Series Cumul Preferred Stock
Ticker Symbol: MPRWL* CUSIP: 605417203 Exchange: OTOTC
* NOTE: This security is no longer trading as of 10/23/2018
Security has been Called for: Tuesday, October 23, 2018
Sept. 21, 2018 -- Mississippi Power today announced that it issued notices of full redemption for the following series of preferred stock, depositary shares and senior notes:
4.40% Series Preferred Stock, Par Value $100 Per Share CUSIP No. 605417203
4.60% Series Preferred Stock, Par Value $100 Per Share CUSIP No. 605417302
4.72% Series Preferred Stock, Par Value $100 Per Share CUSIP No. 605417401
Depositary Shares Each Representing 1/4th of a Share of 5.25% Series Preferred Stock, Cumulative, Par Value $100 Per Share CUSIP No. 605417773 (NYSE: MP-D)
The redemption date for each of the above series of preferred stock, depositary shares and senior notes will be October 23, 2018.
The redemption price per share for each series of preferred stock and depositary shares will be as follows:
4.40% Series Preferred Stock: $104.32 per share plus accrued dividends of $0.268889 per share
4.60% Series Preferred Stock: $107.00 per share plus accrued dividends of $0.281111 per share
4.72% Series Preferred Stock: $102.25 per share plus accrued dividends of $0.288444 per share
Depositary Shares: $25 per share plus accrued dividends of $0.080208 per share
|
|
QUANTUMONLINE.COM SECURITY DESCRIPTION: Mississippi Power Co., 4.40% Series Cumulative Preferred Stock, par value $100 per share, redeemable any time at the company's option, and with no stated maturity. Distributions of 4.40% ($4.40) per annum are paid quarterly on 1/1, 4/1, 7/1 & 10/1. Mississippi Power Co. is a wholly-owned subsidiary of The Southern Co. (NYSE: SO). Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders.
|
Go to Parent Company's Record (SO)
IPO - 1/1/1956 -
Market Value $2.6 Million
|
Company's Online Information Links
|
| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 30 Ivan Allen Jr. Boulevard, N.W., Atlanta, GA 30308 |
| Main Phone Number |
404-506-5000 |
| Fax Number |
404-506-0455 |
| Investor Relations
Glen Kundert
|
404-506-5135
|
| Toll Free Phone Number |
866-762-6411 |
| CEO - Thomas A. Fanning |
CFO - Richard S. Teel |
Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.
|
|
