January 22, 2019

AEP Declares Quarterly Dividend on Common Stock

The Board of Directors of American Electric Power (NYSE: AEP) today declared a regular quarterly cash dividend of 67 cents a share on the company's common stock.

The dividend is payable March 8, 2019, to shareholders of record as of Feb. 8, 2019, and is the company’s 435th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910.

American Electric Power, based in Columbus, Ohio, is focused on building a smarter energy infrastructure and delivering new technologies and custom energy solutions to our customers. AEP’s more than 18,000 employees operate and maintain the nation’s largest electricity transmission system and more than 219,000 miles of distribution lines to efficiently deliver safe, reliable power to nearly 5.4 million regulated customers in 11 states. AEP also is one of the nation’s largest electricity producers with approximately 32,000 megawatts of diverse generating capacity, including more than 4,300 megawatts of renewable energy. AEP’s family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners and AEP Renewables, which provide innovative competitive energy solutions nationwide.

MEDIA CONTACT:

Sarah Devine

Corporate Communications

614/716-2011                                           

ANALYSTS CONTACT:

Bette Jo Rozsa

Managing Director, Investor Relations

614/716-2840

Other News Releases

January 17, 2019

AEP Schedules Live Webcast of Quarterly Earnings Call

American Electric Power (NYSE:  AEP ) has scheduled a quarterly earnings conference call with financial analysts at 9 a.m. EST Thursday, Jan. 24. The call will be broadcast live over the internet at http://www.aep.com/webcasts.

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