AEP Declares Quarterly Dividend on Common Stock

American Electric Power (AEP) has announced its Board of Directors has declared a quarterly cash dividend of $0.93 per share on the company's common stock.

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Rhea-AI Summary

American Electric Power (AEP) has announced its Board of Directors has declared a quarterly cash dividend of $0.93 per share on the company's common stock. The dividend will be paid on March 10, 2025, to shareholders of record as of February 10, 2025.

This marks AEP's 459th consecutive quarterly dividend, maintaining an unbroken streak of quarterly dividend payments that began in July 1910, demonstrating over a century of consistent shareholder returns.

Positive

Maintains 113-year track record of consecutive quarterly dividend payments since 1910
Consistent $0.93 per share quarterly dividend demonstrates stable shareholder returns

Negative

None.

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News Market Reaction – AEP

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01/21/2025 - 05:45 PM EST

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 459^th 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/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aep-declares-quarterly-dividend-on-common-stock-302356687.html

SOURCE American Electric Power

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is AEP's dividend amount for Q1 2025?

AEP's dividend for Q1 2025 is $0.93 per share.

When is AEP's Q1 2025 dividend payment date?

AEP's Q1 2025 dividend will be paid on March 10, 2025.

What is the record date for AEP's Q1 2025 dividend?

The record date for AEP's Q1 2025 dividend is February 10, 2025.

How long has AEP been paying consecutive quarterly dividends?

AEP has been paying consecutive quarterly dividends since July 1910, marking 459 consecutive quarters.

How many consecutive quarterly dividends has AEP paid?

AEP has paid 459 consecutive quarterly dividends.

AEP Declares Quarterly Dividend on Common Stock