COLUMBUS, Ohio, April 20, 2021 /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.
The dividend is payable June 10,
2021, to shareholders of record as of May 10, 2021, and is the company's 444th
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 approximately
16,800 employees operate and maintain the nation's largest
electricity transmission system and more than 223,000 miles of
distribution lines to efficiently deliver safe, reliable power to
nearly 5.5 million regulated customers in 11 states. AEP also is
one of the nation's largest electricity producers with
approximately 30,000 megawatts of diverse generating capacity,
including more than 5,500 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, east Texas and the Texas
Panhandle). AEP also owns AEP Energy, AEP Energy Partners,
AEP OnSite Partners, and AEP Renewables, which provide innovative
competitive energy solutions nationwide. For more information,
visit aep.com.
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SOURCE American Electric Power