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AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK

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American Electric Power (AEP) has declared a quarterly cash dividend of 88 cents per share on its common stock, payable on Sept. 10, 2024, to shareholders of record as of Aug. 9, 2024. This marks AEP's 457th consecutive quarterly dividend, maintaining a tradition dating back to July 1910. AEP, headquartered in Columbus, Ohio, serves 5.6 million customers across 11 states and operates the nation's largest electric transmission system. The company is investing $43 billion over five years to enhance grid reliability and cleanliness, aiming for an 80% reduction in CO2 emissions by 2030 and net-zero emissions by 2045.

American Electric Power (AEP) ha dichiarato un dividendo in contante trimestrale di 88 centesimi per azione sulle sue azioni ordinarie, che sarà pagato il 10 settembre 2024, agli azionisti registrati al 9 agosto 2024. Questo segna il 457° dividendo trimestrale consecutivo di AEP, mantenendo una tradizione che risale a luglio 1910. AEP, con sede a Columbus, Ohio, serve 5,6 milioni di clienti in 11 stati e gestisce il più grande sistema di trasmissione elettrica del paese. L'azienda sta investendo 43 miliardi di dollari in cinque anni per migliorare l'affidabilità e la pulizia della rete, con l'obiettivo di ridurre del 80% le emissioni di CO2 entro il 2030 e raggiungere emissioni nette pari a zero entro il 2045.

American Electric Power (AEP) ha declarado un dividendo en efectivo trimestral de 88 centavos por acción sobre sus acciones comunes, que se pagará el 10 de septiembre de 2024, a los accionistas registrados hasta el 9 de agosto de 2024. Esto marca el 457º dividendo trimestral consecutivo de AEP, manteniendo una tradición que se remonta a julio de 1910. AEP, con sede en Columbus, Ohio, atiende a 5,6 millones de clientes en 11 estados y opera el sistema de transmisión eléctrica más grande del país. La empresa está invirtiendo 43 mil millones de dólares en cinco años para mejorar la fiabilidad y la limpieza de la red, con el objetivo de reducir las emisiones de CO2 en un 80% para 2030 y alcanzar emisiones netas cero para 2045.

미국 전력 회사(AEP)는 주당 88센트의 분기 현금 배당금을 보통주에 대해 선언했으며, 이는 2024년 9월 10일에 지급됩니다. 2024년 8월 9일자로 등록된 주주에게 지급됩니다. 이는 AEP의 457번째 연속 분기 배당금으로, 1910년 7월로 거슬러 올라가는 전통을 유지하고 있습니다. AEP는 오하이오주 콜럼버스에 본사를 두고 있으며, 11개 주에서 560만 고객에게 서비스를 제공하며, 미국에서 가장 큰 전력 전송 시스템을 운영하고 있습니다. 이 회사는 그리드의 신뢰성과 청정성을 향상시키기 위해 5년 동안 430억 달러를 투자하고 있으며, 2030년까지 CO2 배출량을 80% 줄이는 것2045년까지 탄소 중립화 달성을 목표로 하고 있습니다.

American Electric Power (AEP) a déclaré un dividende en espèces trimestriel de 88 cents par action sur ses actions ordinaires, payable le 10 septembre 2024, aux actionnaires inscrits le 9 août 2024. Cela marque le 457ème dividende trimestriel consécutif d'AEP, maintenant une tradition qui remonte à juillet 1910. AEP, dont le siège est à Columbus, Ohio, sert 5,6 millions de clients dans 11 États et exploite le plus grand système de transmission électrique du pays. L'entreprise investit 43 milliards de dollars sur cinq ans pour améliorer la fiabilité et la propreté du réseau, visant une réduction de 80% des émissions de CO2 d'ici 2030 et un zéro émission nette d'ici 2045.

American Electric Power (AEP) hat eine vierteljährliche Bardividende von 88 Cent pro Aktie auf ihre Stammaktien erklärt, die am 10. September 2024 an die Aktionäre ausgezahlt wird, die am 9. August 2024 im Aktienregister eingetragen sind. Dies markiert die 457. aufeinanderfolgende vierteljährliche Dividende von AEP und hält eine Tradition aufrecht, die bis Juli 1910 zurückreicht. AEP mit Sitz in Columbus, Ohio, bedient 5,6 Millionen Kunden in 11 Bundesstaaten und betreibt das größte elektrische Übertragungssystem des Landes. Das Unternehmen investiert 43 Milliarden Dollar über fünf Jahre, um die Zuverlässigkeit und Sauberkeit des Netzes zu verbessern, mit dem Ziel, die CO2-Emissionen bis 2030 um 80% zu reduzieren und bis 2045 netto null Emissionen zu erreichen.

Positive
  • Declared quarterly dividend of $0.88 per share, maintaining 457 consecutive quarters of dividends
  • Operates the nation's largest electric transmission system, serving 5.6 million customers in 11 states
  • Investing $43 billion over 5 years to improve grid reliability and sustainability
  • On track to achieve 80% reduction in CO2 emissions by 2030 and net-zero by 2045
Negative
  • None.

COLUMBUS, Ohio, July 24, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) has declared a regular quarterly cash dividend of 88 cents a share on the company's common stock.

The dividend is payable Sept. 10, 2024, to shareholders of record as of Aug. 9, 2024, and is the company's 457th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.

At American Electric Power, based in Columbus, Ohio, we understand that our customers and communities depend on safe, reliable and affordable power. Our nearly 16,000 employees operate and maintain more than 40,000 miles of transmission lines, the nation's largest electric transmission system, and more than 225,000 miles of distribution lines to deliver power to 5.6 million customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 29,000 megawatts of diverse generating capacity, including nearly 6,000 megawatts of renewable energy. AEP is investing $43 billion over the next five years to make the electric grid cleaner and more reliable. We are on track to reach an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and have a goal to achieve net zero by 2045. AEP is recognized consistently for its focus on sustainability, community engagement and inclusion. 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, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com.

WEBSITE DISCLOSURE

AEP may use its website as a distribution channel for material company information. Financial and other important information regarding AEP is routinely posted on and accessible through AEP's website at https://www.aep.com/investors/. In addition, you may automatically receive email alerts and other information about AEP when you enroll your email address by visiting the "Email Alerts" section at https://www.aep.com/investors/.

(PRNewsfoto/American Electric Power)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aep-declares-quarterly-dividend-on-common-stock-302205562.html

SOURCE American Electric Power

FAQ

What is the amount of AEP's latest quarterly dividend?

AEP has declared a quarterly cash dividend of 88 cents per share on its common stock.

When will AEP's latest dividend be paid?

The dividend will be payable on September 10, 2024, to shareholders of record as of August 9, 2024.

How many consecutive quarters has AEP paid dividends?

This marks AEP's 457th consecutive quarterly common stock cash dividend, with a history of dividend payments dating back to July 1910.

What are AEP's carbon emission reduction goals?

AEP aims to achieve an 80% reduction in carbon dioxide emissions from 2005 levels by 2030 and has a goal to reach net-zero emissions by 2045.

How much is AEP investing in grid improvements?

AEP is investing $43 billion over the next five years to make the electric grid cleaner and more reliable.

American Electric Power Company, Inc.

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