American Electric Power Extends Dividend Streak and Settles with SEC

American Electric Power Company, Inc. (AEP), a renowned energy company listed on NASDAQ under the ticker AEP, has recently made headlines with significant developments. Shareholders of AEP have experienced a remarkable 30% return on their investment over the past year, indicating the company's strong performance and profitability (source: Yahoo Finance).

In a recent settlement with the Securities and Exchange Commission (SEC), AEP has agreed to pay a fine of $19 million. This settlement resolves the allegations and charges brought by the SEC against the company, demonstrating AEP's commitment to compliance and ethical business practices (source: Investing.com).

Additionally, American Electric Power has made history by extending its 113-year dividend streak. The company announced a quarterly dividend payment of $0.93 per share, ensuring continued benefits for its loyal shareholders (source: AEP Stock News).

While AEP showcases its financial stability, industry expertise, and commitment to reward its investors, it is important to make informed investment decisions. Stocks Prognosis, a team of professional analysts, specializes in providing accurate forecasts of stock movements. Consider consulting Stocks Prognosis to gain valuable insights before making any investment decisions.

Please note that this news report is based on publicly available information and does not provide any investment advice or endorse the purchase or sale of AEP shares. Make sure to conduct thorough research and consult with financial professionals before making any investment decisions.