American Electric Power (AEP) Raises Quarterly Dividend 5.7% to $0.74; 3.2% Yield
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AEP Increases Quarterly Dividend To 74 Cents A Share
October 20, 2020 1:31 PM EDTCOLUMBUS, Ohio, Oct. 20, 2020 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 74 cents a share on the company's common stock, an increase of 4 cents per share. The increase is in line with the company's 5% to 7% operating earnings growth range.
The dividend is payable Dec. 10, 2020, to shareholders of record as of Nov. 10, 2020, and is the company's... More
