Financial News Releases

December 20, 2010

AEP Board Elects Akins President; Morris Remains Chairman, CEO

American Electric Power’s board of directors has elected Nicholas K. Akins president, effective Jan. 1.


October 27, 2010

AEP Announces Live Webcast Of Presentation At EEI Event Nov. 2

AEP has scheduled a live audio webcast of remarks by AEP executives Nov. 2 at the 45th annual Edison Electric Institute Financial Conference in Palm Desert, Calif.


October 26, 2010

American Electric Power Increases Quarterly Dividend 9.5 Percent

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 46 cents a share on the company’s common stock, increasing the dividend 9.5 percent from the previous 42 cents a share.


October 19, 2010

AEP Reports 2010 Third-Quarter Earnings

  • Third-quarter earnings $1.16 per share GAAP and $1.15 per share ongoing
  • Company narrows 2010 ongoing earnings guidance range to between $2.95 and $3.05 per share
  • Continued favorable impact of weather throughout entire service territory
  • Industrial sales growth experienced for two consecutive quarters


October 19, 2010

AEP Management To Recommend 9.5 Percent Dividend Increase, Sets Capital Budget And Ongoing Earnings Guidance For 2011

AEP´s management will recommend the board of directors increase the quarterly dividend by 9.5 percent, to $0.46 from $0.42 per share, AEP’s management will tell financial analysts today during a meeting in New York.


October 12, 2010

AEP Schedules Live Webcast Of Quarterly Earnings Meeting

AEP has scheduled a meeting with financial analysts in New York after the announcement of the company’s third-quarter 2010 earnings.


September 27, 2010

AEP Schedules Live Webcast Of CEO’s Presentation At Bank Of America Merrill Lynch Conference

American Electric Power has scheduled a live webcast of a presentation by Michael G. Morris, chairman, president and chief executive officer, at the Bank of America Merrill Lynch Power & Gas Leaders Conference in New York on Wednesday, Sept. 29.


September 15, 2010

AEP Subsidiary Indiana Michigan Power To Redeem Senior Notes

Indiana Michigan Power Co., a public utility subsidiary of American Electric Power, today announced that on Oct. 15, 2010, it will redeem the entire outstanding $150,000,000 principal amount of its 6.0% Senior Notes, Series D, due 2032.


September 7, 2010

AEP Schedules Live Webcast of CEO’s Presentation at Barclays Capital CEO Energy-Power Conference

American Electric Power has scheduled a live audio webcast of a presentation by Michael G. Morris, chairman, president and chief executive officer, at the Barclays Capital CEO Energy-Power Conference in New York on Sept. 15.


July 30, 2010

AEP Reports 2010 Second-Quarter Earnings

  • Second-quarter earnings $0.28 per share GAAP, $0.74 ongoing
  • Company reaffirms 2010 ongoing earnings guidance of between $2.80 and $3.20 per share
  • Cost reduction and restructuring program results in net GAAP charge of $185 million
  • Industrial sales recover 9.4 percent from same period last year


July 28, 2010

American Electric Power Declares Quarterly Dividend On Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 42 cents a share on the company’s common stock.


July 23, 2010

AEP Schedules Live Webcast of Quarterly Earnings Call

AEP has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EDT Friday, July 30. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts .


May 7, 2010

AEP Schedules Live Webcast Of CEO’s Presentation At Deutsche Bank Securities Conference

AEP has scheduled a live audio webcast of a presentation by Michael G. Morris, chairman, president and chief executive officer, at the Deutsche Bank Securities Alternative Energy, Utilities & Power Conference in Washington, D.C., on May 11.


April 29, 2010

AEP Reports 2010 First-Quarter Earnings

  • 2010 first-quarter earnings: $0.72 per share GAAP, $0.76 per share ongoing
  • Company reaffirms 2010 ongoing earnings guidance of between $2.80 and $3.20 per share


April 27, 2010

American Electric Power Declares 400th Consecutive Quarterly Dividend On Common Stock; Increases Dividend To 42 Cents A Share

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 42 cents a share on the company’s common stock, increasing the dividend from the previous 41 cents a share and marking 100 years of consecutive quarterly dividends.


April 27, 2010

AEP Outperformed Expectations In 2009; Is Managing Lingering Effects Of The Economic Downturn, Shareholders Learn At Company’s Annual Meeting

AEP managed the economic upheaval of 2009 and outperformed expectations, but is now taking actions to address the lingering effects of the economic downturn and ensure sustainable financial performance, according to Michael G. Morris, AEP’s chairman, president and chief executive officer.


April 23, 2010

AEP Plans Live Webcast Of Annual Meeting Of Shareholders

AEP will provide a live webcast of its annual meeting of shareholders Tuesday, April 27, beginning at 9:30 a.m. EDT. The meeting will be held in Frankfort, Ky.


April 22, 2010

AEP Schedules Live Webcast Of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EDT Thursday, April 29.


March 29, 2010

Remarks By President Of AEP Transmission At Soleil Securities Conference To Be Webcast

American Electric Power has scheduled a live audio webcast of a presentation by Susan Tomasky, president of AEP Transmission, April 1 at the Soleil Securities Diversified Utilities and Energy Conference in New York.


January 28, 2010

AEP Reports 2009 Fourth-Quarter and Year-End Earnings

  • Fourth-quarter earnings $0.50 per share GAAP and ongoing
  • 2009 year-end earnings $2.96 per share GAAP, $2.97 per share ongoing
  • AEP reaffirms its 2010 ongoing guidance range of between $2.80 and $3.20 per share


January 27, 2010

American Electric Power Declares Quarterly Dividend on Common Stock

The Board of Directors of American Electric Power Co. today declared a regular quarterly cash dividend of 41 cents a share on the company’s common stock.


January 27, 2010

Remarks By AEP’s Chief Financial Officer at Credit Suisse Event to be Webcast

AEP has scheduled a live audio webcast of a presentation by Brian X. Tierney, executive vice president and chief financial officer, at the Credit Suisse Energy Summit in Vail, Colo., Feb. 2.


January 22, 2010

AEP Schedules Live Webcast of Quarterly Earnings Call

AEP has scheduled a quarterly earnings conference call with financial analysts for 10 a.m. EST Thursday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts.