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AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK
Prnewswire· 2024-04-23 19:02
COLUMBUS, Ohio, April 23, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable June 10, 2024, to shareholders of record as of May 10, 2024, and is the company's 456th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. At American Electric Power, based in Columbus, Ohio, we ...
AEP Recognized as One of America's Best Employers for Diversity
Prnewswire· 2024-04-23 16:47
COLUMBUS, Ohio, April 23, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was included in Forbes Best Employers for Diversity 2024 list. The list was developed based on an independent survey from a sample of more than 170,000 U.S.-based employees. Participants were asked to anonymously rate their organizations on criteria such as age, gender, ethnicity, disability and sexual orientation equality. Respondents belonging to underrepresented groups also were asked to nominate organizations other than ...
AEP Named Leader on New JUST Jobs Scorecard
Prnewswire· 2024-04-04 13:09
COLUMBUS, Ohio, April 4, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is one of six companies to earn the JUST Jobs Leader designation on the JUST Jobs Scorecard released today. The JUST Jobs Scorecard is a new, data-driven tool that helps companies prioritize investments in their employees. The scorecard helps corporate leaders assess job quality performance based on 31 data points in six key topic areas: benefits, employee wellness, hiring and stability, training and development, wages and c ...
American Electric Power: High Yielding Critical Infrastructure On Sale
Seeking Alpha· 2024-03-23 04:52
imaginima American Electric Power (NASDAQ:AEP) is one of the largest electric utilities in the United States. Only smaller than a handful of competitors, including NextEra Energy (NEE), Southern Co (SO), Duke (DUK), and Constellation Energy (CEG), the company is an agglomeration of generation, transmission, and distribution subsidiaries that serve electricity to a portion of the eastern seaboard, as well as the midwestern United States. Given the company's size and financials, one might expect that AEP ...
5 Big Dividend Paying Utility Stocks To Buy Right Now
24/7 Wall Street· 2024-03-18 18:15
5 Big Dividend Paying Utility Stocks To Buy Right Now trekandshoot / iStock via Getty Images After an incredible year like 2023 and a solid first quarter this year, many investors are probably still taking the proverbial victory lap, and with good reason. However, the tide could be turning after the January and February consumer and producer index reports came in hotter than expected, indicating that inflation remains sticky.While interest rates probably start to come down, which could be as late as the f ...
CEO Slashes PG&E Stake by Almost Half
24/7 Wall Street· 2024-03-02 15:10
CEO Slashes PG&E Stake by Almost Half YinYang / iStock via Getty Images Examining how company insiders manage their positions in their own companies can reveal a lot. People may sell shares for many reasons, such as buying a house, paying for college, or estate planning. Generally, they buy shares for just one reason: to make more money.Often, one of the largest and best-informed shareholders in any company is the chief executive officer. Let’s have a look at whether the CEO of PG&E Corp. (NYSE: PCG), Pat ...
AEP Completes Sale of New Mexico Solar Assets
Prnewswire· 2024-02-27 21:00
COLUMBUS, Ohio, Feb. 27, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has completed the sale of its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus North America Holdings, LLC (Exus). AEP nets approximately $104 million in cash after tax, transaction fees and other customary adjustments. AEP began the sale process in June 2023 and received necessary regulatory approval from the Federal Energy Regulatory Commission, New Mexico regulatory approvals associated with one of NMR ...
American Electric Power(AEP) - 2023 Q4 - Earnings Call Transcript
2024-02-27 17:27
American Electric Power Company, Inc. (NASDAQ:AEP) Q4 2023 Earnings Conference Call February 27, 2024 9:00 AM ET Company Participants Darcy Reese - VP, IR Ben Fowke - Interim President and CEO Peggy Simmons - EVP, Utilities Chuck Zebula - CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Jeremy Tonet - JPMorgan Nick Campanella - Barclays Carly Davenport - Goldman Sachs Ryan Levine - Citi Anthony Crowdell - Mizuho Securities Sophie Karp - KeyBanc Capital Markets Paul Fremont - Ladenburg Th ...
American Electric (AEP) Q4 Earnings Miss, Revenues Fall Y/Y
Zacks Investment Research· 2024-02-27 14:31
American Electric Power Company, Inc. (AEP) reported fourth-quarter 2023 adjusted earnings per share (EPS) of $1.23, which missed the Zacks Consensus Estimate of $1.27 by 3.1%. The bottom line, however, improved 17.1% from $1.05 recorded in the year-ago quarter.The company reported GAAP earnings of 64 cents per share compared with the year-ago quarter’s figure of 75 cents.For 2023, the company generated adjusted EPS of $5.25, up from $5.09 recorded in 2022. The full-year bottom line, however, missed the con ...
American Electric Power(AEP) - 2023 Q4 - Earnings Call Presentation
2024-02-27 13:43
4t“hSaQfeu Haarrbtoer”r 2023 Earnings Statement Under the Release Presentation on Private Securities FeLibtigrautioanr Rye f2or7m, 2024 Act of 1995 Published on February 26, 2024 Darcy Reese, Vice President Investor Relations ...