AEP boosts quarterly dividend to 49 cents PDF  | Print |  E-mail
Written by Associated Press   
Tuesday, 23 April 2013 13:12

COLUMBUS, Ohio (AP) — American Electric Power Co. said Tuesday that its board approved a 4 percent increase to the company's regular quarterly cash dividend, boosting it by 2 cents to 49 cents.

The increase marked the Columbus, Ohio-based utilities' first since October 2011. It will be paid on June 10 to shareholders of record as of May 10.

AEP said the increase is in line with its efforts to boost value for shareholders. Its shares rose 8 cents to $50.45 in afternoon trading.

Copyright 2013 The Associated Press.


Front Page Stories

Rossford schools to put levy on fall ballot
07/22/2014 | BILL RYAN, Sentinel Staff Writer
article thumbnail

ROSSFORD - Voters in the Rossford School District will be asked to approve a new 4.49- [ ... ]

Custar man ruled not competent
07/22/2014 | PETER KUEBECK, Sentinel Staff Writer
article thumbnail

File photo. Thomas Boyer, left, is seen with his attorney. (Photo: Enoch Wu/Sentinel-Tri [ ... ]

Other Front Page Articles