American Electric Power (AEP) Raises Quarterly Dividend 5.1% to $0.62; 3.4% Yield

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American Electric Power Increases Quarterly Dividend To 62 Cents A Share

October 24, 2017 11:36 AM EDT

COLUMBUS, Ohio, Oct. 24, 2017 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 62 cents a share on the company's common stock, an increase of 5.1 percent from the previous 59 cents a share. AEP last increased its dividend in October 2016.

The dividend is payable Dec. 8, 2017, to shareholders of record as of Nov. 10, 2017, and is... More