AEP Announces $72 Billion Investment and Continues Commitment to Shareholder Value and Reliability

American Electric Power Company: Commitment to Reliability and Investment in Future Energy Needs

American Electric Power Company (AEP), headquartered in Columbus, Ohio, underlines its long-standing commitment to shareholder value and community service with the announcement of a 95-cent quarterly cash dividend on its common stock. This marks the 463rd consecutive quarterly dividend since AEP initiated its dividend program in July 1910. Scheduled for distribution on March 10, 2026, to shareholders of record by February 10, 2026, this dividend reflects AEP's robust financial health and operational stability. With approximately 5.6 million customers across 11 states, AEP not only holds the record for continuous dividends but also solidifies its position as a leader in the electric utility industry.

AEP operates the largest electric transmission system in the United States, encompassing around 40,000 miles of transmission lines and over 252,000 miles of distribution lines. This extensive infrastructure is pivotal in supporting the energy needs of its diverse customer base. Recognizing the increasing demand for reliable energy service, AEP is gearing up for a significant investment of $72 billion from 2026 to 2030. This capital allocation is aimed at enhancing service reliability and addressing the evolving energy requirements of the communities it serves. The investment plans emphasize AEP's proactive approach in adapting to future energy challenges while maintaining its commitment to operational excellence and safety.

Furthermore, AEP's diverse generating capacity of approximately 31,000 megawatts positions the company as a significant electricity producer in the market. The company's subsidiaries, including AEP Ohio, AEP Texas, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company, contribute to a comprehensive service model that extends across various regions. AEP Energy also plays a critical role in offering competitive energy solutions nationwide, further enhancing the company’s ability to deliver reliable and affordable power to its customers while fostering economic opportunities through its operations.

In addition to its financial strategies, AEP maintains a strong focus on community engagement. The company emphasizes the importance of creating economic opportunities through its energy operations, ensuring that its growth benefits not just shareholders but also the communities it serves. As stakeholders look to the future, AEP's commitment to innovation and reliable energy service remains a cornerstone of its operational philosophy. For more information, stakeholders can visit AEP's official website at aep.com.