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01-12-2012, 06:57 PM
Kentucky Power is a subsidary of American Electric Power and that said they will try and keep things as low as possible because they know they are having a hard time paying already for their other rate increase. Due to the EPA, they have to be in compliance in with cleaner air by 2016 and they say this will cost them approximately 1 billion for the Cattlesburg refinery. They will not start charging until the work is done. AEP has so much cash on hand that every quarter they pay a dividend, depending on the stock price. This time it was .47 cents a share. So if you buy the stock just before the dividend date and you have 1000 shares you would get 470 dollars. This stock is held by 67% of institutions. I would really like to tell them to shove their, people are having a hard time crap. The rich get richer and the poor get poorer.
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Power Company wants 31% increase by 2016 - by mrsportsfan - 01-12-2012, 06:57 PM
Power Company wants 31% increase by 2016 - by vundy33 - 01-13-2012, 08:42 PM
Power Company wants 31% increase by 2016 - by nky - 01-14-2012, 12:27 AM
Power Company wants 31% increase by 2016 - by Hoot Gibson - 01-16-2012, 02:32 PM
Power Company wants 31% increase by 2016 - by Wildcatk23 - 01-16-2012, 05:29 PM
Power Company wants 31% increase by 2016 - by Hoot Gibson - 01-16-2012, 06:47 PM
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