|Bid||82.91 x 800|
|Ask||84.49 x 1300|
|Day's Range||83.11 - 84.01|
|52 Week Range||65.14 - 104.97|
|Beta (5Y Monthly)||0.39|
|PE Ratio (TTM)||21.84|
|Earnings Date||Oct 22, 2020 - Oct 26, 2020|
|Forward Dividend & Yield||2.80 (3.35%)|
|Ex-Dividend Date||Aug 07, 2020|
|1y Target Est||92.75|
American Electric Power (NYSE: AEP) today announced that the company has priced its offering of 15 million equity units or $750 million stated amount. The transaction is expected to close Aug. 14, subject to customary closing conditions.
American Electric Power (NYSE: AEP) today announced that the company plans to sell approximately 15 million equity units or approximately $750 million stated amount.
Moody's Investors Service (Moody's) downgraded the long-term ratings of American Electric Power Company, Inc. (AEP, senior unsecured to Baa2 from Baa1) and its subsidiaries AEP Texas Inc. (AEP Texas, senior unsecured to Baa2 from Baa1), Ohio Power Company (OPCo, senior unsecured to A3 from A2), and Public Service Company of Oklahoma (PSO, senior unsecured to Baa1 from A3). At the same time, Moody's revised the outlooks for AEP, AEP Texas, OPCo and PSO to stable from negative.