COLUMBUS, Ohio, July 25, 2017 /PRNewswire/ --The Board of
Directors of American Electric Power Co. (NYSE: AEP) today declared
a regular quarterly cash dividend of 59
cents a share on the company's common stock.
The dividend is payable Sept. 8,
2017, to shareholders of record as of Aug. 10, 2017, and is the company's 429th
consecutive quarterly common stock cash dividend. AEP has paid a
cash dividend on its common stock every quarter since July 1910.
American Electric Power, based in Columbus, Ohio, is focused on building a
smarter energy infrastructure and delivering new technologies and
custom energy solutions to our customers. AEP's more than 17,000
employees operate and maintain the nation's largest electricity
transmission system and more than 224,000 miles of distribution
lines to efficiently deliver safe, reliable power to nearly 5.4
million regulated customers in 11 states. AEP also is one of the
nation's largest electricity producers with approximately 33,000
megawatts of diverse generating capacity, including 4,200 megawatts
of renewable energy. AEP's family of companies includes utilities
AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West
Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky
Power, Public Service Company of Oklahoma, and Southwestern Electric Power
Company (in Arkansas, Louisiana and east Texas). AEP also owns AEP Energy, AEP Energy
Partners, AEP OnSite Partners, and AEP Renewables, which provide
innovative competitive energy solutions nationwide.
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SOURCE American Electric Power Co.