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April 23, 2019

AEP Declares Quarterly Dividend on Common Stock

COLUMBUS, Ohio, April 23, 2019 – The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 67 cents a share on the company’s common stock.

The dividend is payable June 10, 2019, to shareholders of record as of May 10, 2019, and is the company’s 436th 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 18,000 employees operate and maintain the nation’s largest electricity transmission system and nearly 220,000 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 32,000 megawatts of diverse generating capacity, including more than 4,300 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.

MEDIA CONTACT:                                                    ANALYSTS CONTACT:

Sarah Devine                                                              Bette Jo Rozsa

Corporate Media Relations                                         Managing Director, Investor Relations

614/716-2011                                                              614/716-2840

Other News Releases

April 30, 2019

AEP Subsidiary Public Service Company of Oklahoma to Redeem Senior Notes

Public Service Company of Oklahoma, a public utility subsidiary of American Electric Power (NYSE: AEP), announced that on June 1, 2019, it will redeem the entire outstanding $250 million principal amount of its 5.15% Senior Notes, Series H, due 2019.

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April 25, 2019

AEP Reports Solid 2019 First-Quarter Earnings

  • First-quarter 2019 earnings $1.16 per share GAAP and $1.19 per share operating
  • Company reaffirms 2019 operating earnings guidance
  • Investments in regulated businesses to benefit customers support continued earnings growth
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April 23, 2019

AEP Investing to Deliver Smarter, Cleaner Energy to Customers, Shareholders Learn at Annual Meeting

American Electric Power will continue investing in its regulated businesses, renewables and new technologies to deliver value to customers and shareholders, according to Nicholas K. Akins, AEP chairman, president and chief executive officer. Akins addressed shareholders at the company's annual meeting today in Corpus Christi, Texas.

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