Financial News Releases

October 24, 2007

AEP reports 2007 third-quarter earnings

  • 2007 third-quarter earnings: $1.02 per share GAAP, $1.16 per share ongoing
  • AEP’s utilities have strong quarter
  • Company once again confirms earnings guidance for 2007


October 23, 2007

American Electric Power increases quarterly dividend on common stock

The Board of Directors of American Electric Power Co. (NYSE: AEP) today approved an increase in the regular quarterly cash dividend on a share of the company’s common stock to 41 cents a share from the previous 39 cents a share.


October 4, 2007

AEP to recommend increase in dividend, boost long-term growth forecast

American Electric Power (NYSE: AEP) will recommend its board of directors increase the annual dividend, the company said this morning during presentations to investors and analysts in New York. AEP also increased its long-range forecast for ongoing earnings growth.


September 28, 2007

AEP Announces Webcast Of Presentations
At Analyst And Investor Meeting Oct. 4

American Electric Power has scheduled a live audio webcast of management presentations at the company’s Analyst and Investor Meeting Oct. 4 in New York.


July 31, 2007

AEP reports 2007 second-quarter earnings

  • 2007 second-quarter earnings: $0.45 per share GAAP, $0.64 per share ongoing
  • Effect of Virginia re-regulation reduces GAAP earnings
  • Ongoing earnings from Utility Segment increase 50 percent from prior year, reflecting rate changes, favorable weather, increased usage and off-system sales
  • Company reaffirms 2007 ongoing earnings guidance of $2.85 to $3.05 per share


July 25, 2007

American Electric Power declares quarterly dividend on common stock

COLUMBUS, Ohio, July 25, 2007 – The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 39 cents a share on the company’s common stock.


April 26, 2007

AEP reports 2007 first-quarter earnings

  • 2007 first-quarter earnings: $0.68 per share GAAP and ongoing
  • Company sees growth in retail sales; expansion in utility gross margin shows benefit of rate relief in a number of jurisdictions
  • Decline in earnings from prior period was expected because of planned generation outages for completion of environmental projects, increased expenses and an anticipated reduction in items that contributed to 2006 earnings
  • AEP reaffirms 2007 ongoing earnings guidance range of between $2.85 and $3.05 per share


April 24, 2007

American Electric Power declares quarterly dividend on common stock

The Board of Directors of American Electric Power Co. (NYSE: AEP) today declared a regular quarterly cash dividend of 39 cents a share on the company’s common stock.


January 30, 2007

AEP reports 2006 fourth-quarter, full-year earnings

  • 2006 fourth-quarter earnings: GAAP $0.46 per share, ongoing $0.38 per share
  • 2006 full-year earnings: GAAP $2.54 per share, ongoing $2.77 per share
  • Earnings for both periods increased from same periods in 2005
  • Revenue from utility rate changes, MEMCO barge operations drive improvement