SLP - American Electric Power: Conservative Income Play With Dividend Increase Expected In October
American Electric Power (AEP), is one of the largest providers of electric service, consisting of generation, transmission, and distribution in the United States, is a buy for the total return investor and income investor. The management of AEP is good and has continued to grow the business by using its cash to expand and add to their existing facilities. American Electric Power is being reviewed using The Good Business Portfolio guidelines, my IRA portfolio of good business companies that are balanced among all styles of investing.
When I scanned the five-year chart, American