COLUMBUS, Ohio, Jan. 21,
2025 /PRNewswire/ -- The Board of Directors of
American Electric Power (Nasdaq: AEP) has declared a regular
quarterly cash dividend of 93 cents
per share on the company's common stock.
The dividend is payable March 10,
2025, to shareholders of record as of Feb. 10, 2025, and is the company's
459th consecutive quarterly common stock cash dividend.
AEP has paid a cash dividend on its common stock every quarter
since July 1910.
About AEP
Our team at American Electric Power (Nasdaq:
AEP) is committed to improving our customers' lives with reliable,
affordable power. We are investing $54
billion from 2025 through 2029 to enhance service for
customers and support the growing energy needs of our communities.
Our nearly 16,000 employees operate and maintain the nation's
largest electric transmission system with 40,000 line miles, along
with more than 225,000 miles of distribution lines to deliver
energy to 5.6 million customers in 11 states. AEP also is one of
the nation's largest electricity producers with approximately
29,000 megawatts of diverse generating capacity. We are focused on
safety and operational excellence, creating value for our
stakeholders and bringing opportunity to our service territory
through economic development and community engagement. Our family
of companies includes AEP Ohio, AEP Texas, Appalachian Power (in
Virginia, West Virginia and Tennessee), Indiana Michigan Power, Kentucky
Power, Public Service Company of Oklahoma, and Southwestern Electric Power
Company (in Arkansas, Louisiana, east Texas and the Texas
Panhandle). AEP also owns AEP Energy, which provides
innovative competitive energy solutions nationwide. AEP is
headquartered in Columbus, Ohio.
For more information, visit aep.com.
Website Disclosure
AEP may use its website as a
distribution channel for material company information. Financial
and other important information regarding AEP is routinely posted
on and accessible through AEP's website at
https://www.aep.com/investors/. In addition, you may automatically
receive email alerts and other information about AEP when you
enroll your email address by visiting the "Email Alerts" section at
https://www.aep.com/investors/.
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SOURCE American Electric Power