AEP Quarterly Dividends & Cost Basis Information

(Dividends are paid on or about March 10, June 10, September 10 and December 10 to shareholders of record on or about February 10, May 10, August 10 and November 10, respectively)

Prior to 1971, Dividends were 100% Taxable. For dividends 1971 and after, see the Tax Status of Dividends table below.

Cash Quarterly Dividends were paid on the common stock as follows:

Since 1983, all cash dividends have been fully taxable for federal income tax purposes (see following paragraph for certain DRP exceptions). In the unlikely event that a portion of the dividends in any future year would be reported as non-taxable for federal income tax purposes, shareholders will be notified.

Shareholders in the AEP Dividend Reinvestment Plan are reminded that, if they elected to exclude dividends on qualified AEP shares up to the $750 (or $1,500 joint return) limit, the tax basis of such shares is zero. This is true for years 1982 through 1985 only.

Quarterly Dividends

1st Qt. 2nd Qt. 3rd Qt. 4th Qt. Total
2013 0.470 0.490 0.490 0.500 1.950
2012 0.470 0.470 0.470 0.470 1.880
2011 0.460 0.460 0.460 0.470 1.850
2010 0.410 0.420 0.420 0.460 1.710
2009 0.410 0.410 0.410 0.410 1.640
2008 0.410 0.410 0.410 0.410 1.640
2007 0.390 0.390 0.390 0.410 1.580
2006 0.370 0.370 0.370 0.390 1.500
2005 0.350 0.350 0.350 0.370 1.420
2004 0.350 0.350 0.350 0.350 1.400
2003 0.600 0.350 0.350 0.350 1.650
2002 0.600 0.600 0.600 0.600 2.400
2001 0.600 0.600 0.600 0.600 2.400
2000 0.600 0.600 0.600 0.600 2.400
1999 0.600 0.600 0.600 0.600 2.400
1998 0.600 0.600 0.600 0.600 2.400
1997 0.600 0.600 0.600 0.600 2.400
1996 0.600 0.600 0.600 0.600 2.400
1995 0.600 0.600 0.600 0.600 2.400
1994 0.600 0.600 0.600 0.600 2.400
1993 0.600 0.600 0.600 0.600 2.400
1992 0.600 0.600 0.600 0.600 2.400
1991 0.600 0.600 0.600 0.600 2.400
1990 0.600 0.600 0.600 0.600 2.400
1989 0.580 0.580 0.600 0.600 2.360
1988 0.565 0.565 0.580 0.580 2.340
1987 0.565 0.565 0.565 0.565 2.340
1986 0.565 0.565 0.565 0.565 2.260
1985 0.565 0.565 0.565 0.565 2.260
1984 0.565 0.565 0.565 0.565 2.340
1983 0.565 0.565 0.565 0.565 2.260
1982 0.565 0.565 0.565 0.565 2.260
1981 0.565 0.565 0.565 0.565 2.260
1980 0.555 0.555 0.555 0.565 2.230
1979 0.545 0.545 0.545 0.555 2.190
1978 0.530 0.530 0.530 0.545 2.135
1977 0.515 0.515 0.515 0.530 2.075
1976 0.500 0.500 0.500 0.515 2.015
1975 0.500 0.500 0.500 0.500 2.000
1974 0.475 0.500 0.500 0.500 1.975
1973 0.450 0.450 0.475 0.475 1.850
1972 0.445 0.435 0.435 0.450 1.765
1971 0.425 0.425 0.425 0.425 1.700

* 1988 includes 0.050 extra or special dividends
** 1987 includes 0.080 extra or special dividends
*** 1984 includes 0.080 extra or special dividends

Tax Status of Dividends

Total Non-
Taxable %
Non-
Taxable $ Per Sh
Cum. Non-
Taxable $ Per Sh
Q1 1983 0.565 0.0000
Q2 1983 0.565 15.98% 0.0903 0.0903
Q3 1983 0.565 21.45% 0.1212 0.2115
Q4 1983 0.565 21.45% 0.1212 0.3327
1982 2.260 41.10% 0.9289 1.2615
1981 2.260 57.38% 1.2968 2.5583
1980 2.230 38.76% 0.8643 3.4227
1979 2.190 34.23% 0.7496 4.1723
1978 2.135 70.54% .5060 5.6783
1977 2.075 58.01% 1.2037 6.8820
1976 2.015 57.05% 1.1496 8.0316
1975 2.000 70.31% 1.4062 9.4378
1974 1.975 74.04% 1.4623 10.9001
1973 1.850 69.08% 1.2780 12.1781
1972 1.765 83.73% 1.4778 13.6559
1971 1.700 83.04% 1.4117 15.0676