N EWS R ELEASES

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 74 cents a share on the company’s common stock.

American Electric Powerwill continue its progress toward a clean energy future by investing in its regulated businesses and renewable generation. The company’s 2021 operating earnings (earnings excluding special items) guidance range of $4.51 to $4.71 per share reflects its projected annual operating earnings growth rate of 5% to 7%. AEP management will discuss the company’s strategy and financial growth plans during the annual Edison Electric Institute Financial Conference Nov. 9-10, which will be held virtually this year.

• Third-quarter 2020 GAAP earnings of $1.51 per share; third-quarter 2020 operating earnings of $1.47 per share
• Company reaffirms 2020 operating earnings (non-GAAP) guidance range of $4.25 to $4.45 per share and 5% to 7% long-term growth rate

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 74 cents a share on the company’s common stock, an increase of 4 cents per share. The increase is in line with the company’s 5% to 7% operating earnings growth range.

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Oct. 22. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

American Electric Power Company today announced it will transfer the securities exchange listing of its two series of 6.125% Corporate Units from the New York Stock Exchange (NYSE) to The Nasdaq Stock Market effective as of the open of trading on Thursday, Oct. 1. 

American Electric Power Company today announced it will transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective opening bell on Thursday, Oct. 1. The last day of trading on the NYSE will be Wednesday, Sept. 30. AEP’s stock will continue to trade under the ticker symbol “AEP”.

AEP today announced that the company has priced its offering of 15 million equity units or $750 million stated amount. The transaction is expected to close Aug. 14, subject to customary closing conditions.

• Second-quarter 2020 GAAP earnings of $1.05 per share; second-quarter 2020 operating earnings of $1.08 per share
• Investments to benefit customers, plus weather, support solid earnings performance
• Company reaffirms 2020 operating earnings (non-GAAP) guidance range of $4.25 to $4.45 per share and 5% to 7% long-term growth rate

American Electric Power has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. ET Thursday, Aug. 6. The call will be broadcast live over the internet at http://www.aep.com/webcasts.