American Electric Power (AEP) announced that the board of directors has approved a 5.7% increase in the quarterly dividend rate. The revised quarterly dividend will be 93 cents, payable on Dec. 10, 2024, to shareholders of record at the close of the business on Nov. 8, 2024.This is the 458th consecutive quarter that the company has paid out a cash dividend on its common shares. The company's history of paying out quarterly dividends for almost 115 years in a row shows its dedication to giving shareholders s ...

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 company's 458th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910."AEP is strengthening ou ...

American Electric Power Company, Inc. (NASDAQ: AEP ) is one of the largest regulated power utilities in the country. The company owns 265K miles of power lines as well as 23 GW of generation capacity acrossLong-Term Focussed In-Depth Fundamental Analysis.Former Associate at a $10 billion hedge fund, with 15 years of professional experience in equity markets. Holds a First-Class Honours degree in Financial Economics from the University of London and is a CFA Level III candidate.An avid reader and a Berkshire ...

For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. American Electric Power (AEP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.American Electric Power is one of 105 companies in the Utilities group ...

COLUMBUS, Ohio, Oct. 8, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named utility industry veteran Joseph F. Moore IV senior vice president, Business Transformation, effective today. Moore will report to AEP President and Chief Executive Officer Bill Fehrman.Moore will lead process improvements across AEP's key business units and seven operating companies."AEP is focused on elevating the customer experience, while improving reliability and delivering world-class operational performance," ...

Steve Lewis Stock/DigitalVision via Getty Images American Electric Power Company (NASDAQ:AEP) is well positioned to outperform the market with a superior blend of growth and value. Incremental power demand in AEP’s markets creates a potentially decades long runway of above normal rate base growth, which portends 6%-7% annual earnings CAGR. Between the growth, dividend and valuation, we believe AEP will significantly outperform the S&P going forward. We shall begin with fundamental analysis discussing it ...

COLUMBUS, Ohio, Sept. 30, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has completed the sale of its distributed resources business, OnSite Partners, to funds advised by Basalt Infrastructure Partners LLC. AEP nets approximately $318 million in cash after taxes, transaction fees and other customary adjustments.The sales agreement was announced in May 2024. The sale received necessary regulatory approval from the Federal Energy Regulatory Commission and federal clearance pursuant to the Hart-Sc ...

Investors with an interest in Utility - Electric Power stocks have likely encountered both Entergy (ETR) and American Electric Power (AEP) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates ...

For income investors, this electric utility is worth getting amped up about.Providing investors with a relatively high-yield dividend, American Electric Power (AEP 0.78%) is an attractive option for those looking to bolster their passive income streams.However, smart investors know the importance of thoroughly investigating higher-yielding dividend stocks since the high payouts may actually be imperiling the company's financial health. Let's take a closer look at what electric utility American Electric Powe ...

COLUMBUS, Ohio, Sept. 3, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named one of the nation's Top Utilities in Economic Development by Site Selection magazine.Site Selection annually evaluates utilities' involvement and support of corporate project investment and job creation on a cumulative and per-capita basis. AEP has earned a place on the list 12 of the last 13 years."2023 was a record year for economic development at AEP, and it's an honor to be recognized by Site Selection for our ...