The Board of Directors of American Electric Power today declared a regular quarterly cash dividend of 41 cents a share on the company's common stock.
This dividend is even with the dividend for the same period last year. AEP has paid a cash dividend on its common stock every quarter since July 1910.
In other dividend news, International Business Machines announced its quarterly dividend of 50 cents per share. Mosaic Company announced its quarterly dividend of 5 cents per share. Paccar announced its quarterly dividend of 18 cents per share.
In dividend increase news, Boeing Company announced its quarterly dividend of 42 cents per share, an increase of 5% over the dividend a year ago. HCP Incorporated announced its quarterly dividend of 46 cents per share, an increase of 1.10%. Partnerre Limited announced its quarterly dividend of 47 cents per share, an increase of 2.17% over the dividend a year ago. International Flavors & Fragrances announced its quarterly dividend of 25 cents per share, an increase of 8.7% over the dividend a year ago.
In dividend reduction news, Fortune Brands announced its quarterly dividend of 19 cents per share, a decrease of 54.76% over the dividend a year ago. Suntrust Banks Incorporated announced its quarterly dividend of 10 cents per share, a decrease of 87.01% over the dividend a year ago. Ameren (NYSE:AEE) announced its quarterly dividend of 38.5 cents per share, a decrease of 39.37% over the dividend a year ago. United States Steel announced its quarterly dividend of 5 cents per share, a decrease of 80% over the dividend a year ago.
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