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American Electric Power Company Extends Dividend Streak, Shareholders Earned a 30% Return in the Last Year

January 25, 2025
American Electric Power Company, Inc. (NASDAQ:AEP), a leading electricity utility company, has announced the extension of its impressive 113-year dividend streak. Shareholders of AEP have reaped the benefits of this consistent performance, with a remarkable 30% return on their investments over the past year.

AEP has declared a quarterly dividend of $0.93 per share on its common stock, showcasing its commitment to rewarding its shareholders. This dividend payment further solidifies AEP's position as a reliable investment option in the energy sector.

In addition to its financial achievements, AEP has made recent headlines due to its involvement in the Ohio HB6 scandal. The company has been fined a multimillion-dollar amount for its role in the controversy, emphasizing the importance of transparent and ethical business practices.

Despite this setback, AEP continues to focus on its dividend payment and the growth opportunities in the energy market. Investors who are intrigued by the company's resilience and potential can seek advice from professionals at Stocks Prognosis for an informed forecast on the movement of AEP's stock.

With its strong dividend streak, solid financial performance, and a commitment to transparency, American Electric Power Company remains an attractive investment option for individuals seeking stable returns in the energy sector.
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