By Katherine Hamilton
American Electric Power raised its quarterly dividend 2.2% to 95 cents a share from 93 cents.
The Columbus, Ohio, utility company said Wednesday the dividend would be payable Dec. 10 to shareholders of record as of Nov. 10.
The new payout, equal to $3.80 a year, represents an annual yield of about 3.2% based on Tuesday's closing price of $117.43.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
October 22, 2025 14:13 ET (18:13 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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