COLUMBUS, Ohio, Jan. 25, 2016 /PRNewswire/ -- The Board of
Directors of American Electric Power Co. (NYSE: AEP) today declared
a regular quarterly cash dividend of 56
cents a share on the company's common stock.
The dividend is payable March 10,
2016, to shareholders of record as of Feb. 10, 2016, and is the company's 423rd
consecutive quarterly common stock cash dividend. AEP has paid a
cash dividend on its common stock every quarter since July 1910.
American Electric Power is one of the largest electric utilities
in the United States, delivering
electricity to nearly 5.4 million customers through 223,000 miles
of distribution lines in 11 states. AEP owns the nation's largest
electricity transmission system, a more than 40,000-mile network
that includes more 765-kilovolt extra-high voltage transmission
lines than all other U.S. transmission systems combined. AEP also
ranks among the nation's largest generators of electricity, owning
approximately 32,000 megawatts of generating capacity in the U.S.
AEP's utility units operate as 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 and east Texas). AEP's headquarters are in Columbus, Ohio.
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SOURCE American Electric Power