American Electric Power's last dividend of $0.95 per share was on May 8, 2026 (ex-date). The annualized dividend payment of $3.78 per share represents a current dividend yield of 2.98%.
American Electric Power's dividend yield of 2.98% is below the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 3.37%, American Electric Power's dividend yield is 12% lower. The current dividend yield is less than the historical average of 3.5% of the last 5 years.
American Electric Power has a history of paying dividends since 1992. Our records of AEP show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 3% since one year ago. But with the stock price up by 25% from a year ago, the dividend yield marks a decrease of 17%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 8, 2026 | $0.95 | 2.9% |
| Feb 10, 2026 | $0.95 | 3.1% |
| Nov 10, 2025 | $0.95 | 3.05% |
| Aug 8, 2025 | $0.93 | 3.31% |
| May 9, 2025 | $0.93 | 3.51% |
| Feb 10, 2025 | $0.93 | 3.59% |
| Nov 8, 2024 | $0.93 | 3.7% |
| Aug 9, 2024 | $0.88 | 3.61% |
| May 9, 2024 | $0.88 | 3.82% |
| Feb 8, 2024 | $0.88 | 4.5% |
| Nov 9, 2023 | $0.88 | 4.36% |
| Aug 9, 2023 | $0.83 | 4.11% |
| May 9, 2023 | $0.83 | 3.59% |
| Feb 9, 2023 | $0.83 | 3.64% |
| Nov 9, 2022 | $0.83 | 3.61% |
| Aug 9, 2022 | $0.78 | 3.1% |
| May 9, 2022 | $0.78 | 3.09% |
| Feb 9, 2022 | $0.78 | 3.4% |
| Nov 9, 2021 | $0.78 | 3.61% |
| Aug 9, 2021 | $0.74 | 3.33% |
| May 7, 2021 | $0.74 | 3.35% |
| Feb 9, 2021 | $0.74 | 3.61% |
| Nov 9, 2020 | $0.74 | 3.15% |
| Aug 7, 2020 | $0.7 | 3.23% |
| May 7, 2020 | $0.7 | 3.52% |
| Feb 7, 2020 | $0.7 | 2.7% |
| Nov 7, 2019 | $0.7 | 3.03% |
| Aug 8, 2019 | $0.67 | 2.99% |
| May 9, 2019 | $0.67 | 3.17% |
| Feb 7, 2019 | $0.67 | 3.25% |
| Nov 8, 2018 | $0.67 | 3.41% |
| Aug 9, 2018 | $0.62 | 3.49% |
| May 9, 2018 | $0.62 | 3.7% |
| Feb 8, 2018 | $0.62 | 3.82% |
| Nov 9, 2017 | $0.62 | 3.17% |
| Aug 8, 2017 | $0.59 | 3.31% |
| May 8, 2017 | $0.59 | 3.44% |
| Feb 8, 2017 | $0.59 | 3.61% |
| Nov 8, 2016 | $0.59 | 3.59% |
| Aug 8, 2016 | $0.56 | 3.34% |
| May 6, 2016 | $0.56 | 3.42% |
| Feb 8, 2016 | $0.56 | 3.49% |
| Nov 6, 2015 | $0.56 | 3.98% |
| Aug 6, 2015 | $0.53 | 3.77% |
| May 6, 2015 | $0.53 | 3.8% |
| Feb 6, 2015 | $0.53 | 3.48% |
American Electric Power's payout ratio of 55.5% is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 61.9%, American Electric Power's payout ratio is 10% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AES Aes Corp | 4.81% | $0.7 | 37.6% |
| D Dominion Energy Inc | 4.04% | $2.67 | 78.8% |
| FE Firstenergy Corp | 3.92% | $1.8 | 97.8% |
| EXC Exelon Corp | 3.62% | $1.64 | 59.6% |
| DUK Duke Energy CORP | 3.42% | $4.26 | 65.2% |
| SO Southern Co | 3.22% | $2.98 | 75.6% |
| PPL PPL Corp | 3.09% | $1.1 | 67.3% |
| AEP American Electric Power Co Inc | 2.95% | $3.78 | 55.5% |
| XEL Xcel Energy Inc | 2.94% | $2.3 | 66% |
| ETR Entergy Corp | 2.31% | $2.52 | 63.5% |
| NRG Nrg Energy Inc | 1.43% | $1.83 | 208% |
Yes, American Electric Power has been paying dividends for the last 34 years.
American Electric Power's last regular dividend was on May 8, 2026 (ex-date) with the amount of $0.95 per share.
On an annual basis AEP pays $3.78 per share.
The current dividend yield of American Electric Power is 2.98%.
American Electric Power pays four dividends per year.
The dividend payout ratio of American Electric Power is 55.5%.
American Electric Power's dividend yield is less than the Utilities sector average.
Special dividends are included in TTM DPS and yield.