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

Market Square already bustling with business
07/26/2014 | MARIE THOMAS BAIRD Sentinel Education Editor
article thumbnail

Market Square in BG along Wooster Street. (J.D. Pooley/Sentinel-Tribune) Market S [ ... ]

Young man goes west to further his acting career
07/26/2014 | DAVID DUPONT Arts & Entertainment Editor
article thumbnail

Justin Betancourt (left) and Jeffrey Guion perform. (Enoch Wu/Sentinel-Tribune) J [ ... ]

Other Front Page Articles