American Electric Power (AEP) Raises Quarterly Dividend 4.5% to $0.93; 3.7% Yield

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AEP Increases Quarterly Dividend to 93 Cents a Share

October 22, 2024 5:20 PM EDT

COLUMBUS, Ohio, Oct. 22, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 93 cents a share on the company's common stock, an increase of 5 cents per share.

The dividend is payable Dec. 10, 2024, to shareholders of record as of Nov. 8, 2024, and is the... More