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American Electric Power Company Extends Dividend Streak with 0.93 Quarterly Payment

January 28, 2025
American Electric Power Company, Inc. (NASDAQ: AEP) announced today that it will continue its impressive track record of dividend payments with a quarterly dividend of 0.93 per share. This marks the 113th consecutive quarterly dividend paid by the company, demonstrating its commitment to rewarding shareholders. Over the past year, AEP shareholders have enjoyed a 30% return on their investment, making it a favorable choice for investors looking for steady income and growth opportunities. However, it is important to note that AEP's use of debt in its operations could be seen as risky. Therefore, it is recommended to seek advice from professionals such as Stocks Prognosis for a comprehensive analysis of the company's stock movement forecast.
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