AEP Declares Higher Dividend for Shareholders
The parent company to Public Service Company of Oklahoma, American Electric Power, headquartered in Ohio, declared a 95-cent-per-share quarterly cash dividend. The announcement confirmed the company’s commitment to consistent shareholder returns and reliable customer service across multiple states, including Oklahoma.
The dividend represented an increase of two cents per share, according to the official AEP statement. The company stated the payment will be made on Dec. 10, 2025, to shareholders of record as of Nov. 10, 2025. The update marks the company’s 462nd consecutive quarterly common stock cash dividend.
AEP has paid a cash dividend on its common stock every quarter since July 1910. That track record demonstrates steady performance and long-term strength within the U.S. utility sector. The announcement reinforced the company’s history of financial reliability that benefits both shareholders and customers in regions served by AEP subsidiaries such as Public Service Company of Oklahoma.
Leadership Emphasizes Consistency and Service
“AEP is proud to have delivered a consistent quarterly dividend to our shareholders for 115 years,” said Bill Fehrman, AEP chairman, president and chief executive officer. “We remain focused on providing reliable and affordable service for our customers, investing to meet their growing energy needs and creating value for all of our stakeholders.”
His comments reflected AEP’s continued effort to maintain affordable energy rates while preparing for future demand. Customers in Oklahoma depend on AEP’s investments through PSO for reliable service and infrastructure upgrades. The company’s long-standing financial stability supports its ability to invest in modernization, renewable energy, and improved grid efficiency throughout the region.
AEP Plans Major Investment Across Multiple States
Public Service Company of Oklahoma is one of several subsidiaries of AEP. The parent company said it intends to invest $54 billion from 2025 through 2029 to enhance service for its 5.6 million customers in 11 states.
AEP also has nearly 17,000 employees who operate and maintain the nation’s largest electric transmission system. The network spans nearly 40,000 miles of transmission lines and includes more than 225,000 miles of distribution lines. Those investments strengthen reliability and support expanding energy needs in states like Oklahoma, where PSO serves thousands of homes and businesses daily.
This investment will also fund continued modernization efforts across the AEP system, including updates to meet renewable energy targets, improve cybersecurity, and manage peak demand during high-use seasons.
AEP’s Family of Companies Serves the Heartland
The AEP family of companies includes AEP Ohio, AEP Texas, Appalachian Power, Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company. The latter serves customers in Arkansas, Louisiana, east Texas, and the Texas Panhandle.
Each subsidiary provides power tailored to regional needs while maintaining the same AEP standards of safety, reliability, and affordability. Through PSO, Oklahoma customers benefit from the parent company’s experience and scale while maintaining strong local service. AEP’s reach and resources enable it to support grid improvements and reliability throughout the state and surrounding regions.
By maintaining its dividend for 115 years, American Electric Power demonstrates both its financial discipline and its commitment to the communities it serves. The continued payout affirms the company’s goal to deliver value to shareholders while maintaining dependable service for Oklahoma families and businesses.