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Stock impact report

Edited Transcript of AEP earnings conference call or presentation 24-Oct-19 1:00pm GMT [Yahoo! Finance News]

American Electric Power Company, Inc. (AEP) 
Last american electric power company, inc. earnings: 2/20 06:57 am Check Earnings Report
US:NYSE Investor Relations: aep.com/investors
Edited Transcript of AEP earnings conference call or presentation 24-Oct-19 1:00pm GMT ditionally, the AEP Board earlier this week authorized an increase of $0.03 per share from $0.67 to $0.70 a share, a 4.5% increase. This increase keeps us firmly in the middle of our targeted 60% to 70% payout range. And along with last year's increase of 8.1% averages to a 6.3% increase for the last 2 years commensurate with our 5% to 7% earnings growth rate. We continue to expect the dividend to grow in line with our earnings and firmly within our targeted payout ratio. So let's step into a few highlight areas for the quarter. Regarding our North Central Wind projects, as you recall, we had made filings for state approvals in Oklahoma, Louisiana, Arkansas and Texas on July 15. And during third quarter, we requested FERC approval of this transaction as well. Also, we would acquire three wind farms currently under development by Invenergy within service dates in 2020 and 2021 based upon requirements Show less Read more
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