DIVIDEND ANNOUNCEMENT: American Electric Power Co Inc (NASDAQ:AEP) on 10/20/2020 declared a dividend of $0.7400 per share

American Electric Power Co Inc (NASDAQ:AEP) on 10/20/2020 declared a dividend of $ 0.7400 per share payable on December 10, 2020 to shareholders of record as of November 10, 2020. Dividend amount recorded is an increase of $ 0.04 from last dividend Paid.

American Electric Power Co Inc (NASDAQ:AEP) has paid dividends since 1909, has a current dividend yield of 3.2427694798% and has increased its dividends for 10 successive years.

American Electric Power Co Inc's market cap is $ 45,289,028,400 and has a PE ratio of 23.77. The stock price closed yesterday at $ 91.28 and has a 52 week low/high of $ 65.14 and $ 104.97.

American Electric Power Company is a public utility holding company. The public utility subsidiaries of Co. provide electric service, consisting of generation, transmission and distribution, on an integrated basis to their retail customers. The service areas of Co.'s public utility subsidiaries cover portions of the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. Transmission networks are interconnected with distribution facilities in the territories served. Co.'s service company subsidiary provides accounting, administrative, information systems, engineering, financial, legal, maintenance and other services.

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