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American Electric Power (AEP) Dividend Yield, Date & History

American Electric Power logo
$92.75 +1.51 (+1.65%)
(As of 12/20/2024 05:31 PM ET)

American Electric Power Dividend Summary

Dividend Yield
4.01%
Annual Dividend
$3.72
Recent
Dividend Payment
Dec. 10
Dividend Increase
Track Record
15 Years
Annualized 3-Year
Dividend Growth
5.87%
Dividend Payout Ratio
74.55%

American Electric Power (AEP) pays an annual dividend of $3.72 per share, with a dividend yield of 4.01%. The next quarterly payment of $0.93 per share was paid on Tuesday, December 10, to investors who owned the stock before the ex-dividend date of Friday, November 8. AEP has grown its dividend for 15 consecutive years, with an average annual increase of 1.92%. The company currently pays out 74.55% of its earnings and 33.41% of its cash flow as dividends.

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AEP Dividend Payments by Quarter

The chart below displays up to four years of American Electric Power's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

AEP Dividend Yield Over Time

The chart below tracks American Electric Power's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

American Electric Power vs. The Competition

Compare American Electric Power's annual dividend, yield, and 3-year growth rate with averages for Utilities and NASDAQ companies to evaluate its performance against the market.

TypeAmerican Electric PowerUtilities CompaniesNASDAQ Companies
Annual Dividend$3.72$0.04$1.31
Dividend Yield4.01%4.09%4.21%
Annualized 3-Year Dividend Growth5.87%1.33%14.22%
Track Record15 years28 years19 years

American Electric Power Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings74.55%
Based on This Year's Estimate66.19%
Based on Next Year's Estimate63.16%
Based on Cashflow33.41%

American Electric Power Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/22/2024quarterly$0.93+$0.05
5.68%
3.72%11/8/202411/8/202412/10/2024
8/9/2024quarterly$0.88 - 3.69%8/9/20248/9/20249/10/2024
4/23/2024quarterly$0.88 - 4.11%5/9/20245/10/20246/10/2024
1/19/2024quarterly$0.88 - 4.53%2/8/20242/9/20243/8/2024
10/24/2023quarterly$0.88+$0.05
6.02%
4.71%11/9/202311/10/202312/8/2023
7/18/2023quarterly$0.83 - 3.92%8/9/20238/10/20239/8/2023
4/25/2023quarterly$0.83 - 3.52%5/9/20235/10/20236/9/2023
1/24/2023quarterly$0.83 - 3.58%2/9/20232/10/20233/10/2023

This table shows American Electric Power's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

American Electric Power Dividend - Frequently Asked Questions

The current dividend yield for American Electric Power is 4.01%. Learn more on AEP's dividend yield history.

The annual dividend for AEP shares is $3.72. Learn more on AEP's annual dividend history.

American Electric Power pays quarterly dividends to shareholders.

American Electric Power's most recent quarterly dividend payment of $0.93 per share was made to shareholders on Tuesday, December 10, 2024.

American Electric Power's most recent ex-dividend date was Friday, November 8, 2024.

Over the past three years, the company's dividend has grown by an average of 5.87% per year.

American Electric Power has increased its dividend for the past 15 consecutive years.

The most recent change in the company's dividend was an increase of $0.05 on Tuesday, October 22, 2024.

The dividend payout ratio for AEP is:
  • 74.55% based on the trailing year of earnings
  • 66.19% based on this year's estimates
  • 63.16% based on next year's estimates
  • 33.41% based on cash flow

American Electric Power's dividend yield of 4.01% is lower than the average Utilities company that issues a dividend. The company's 15 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. American Electric Power's dividend payout ratio of 74.55% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate American Electric Power stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:AEP) was last updated on 12/21/2024 by MarketBeat.com Staff
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