AEP American Electric Power dividend history, payout ratio & dates
American Electric Power's last dividend of $0.88 per share was on Aug 9, 2024 (ex-date). The annualized dividend payment of $3.52 per share represents a current dividend yield of 3.38%.
Key dates
- AEP last dividend date: Aug 9, 2024
AEP dividend stats
vs. Utilities sector
Dividend yield
American Electric Power's dividend yield of 3.38% is above the Utilities sector and the industry average but below its peers average. If we compare it with its Utilities sector average of 3.16%, American Electric Power's dividend yield is 7% higher. The current dividend yield is similar to the historical average of 3.5% of the last 5 years.
Dividend history
American Electric Power has a history of paying dividends since 1994. Our records of AEP show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 6% since one year ago. But with the stock price up by 30% from a year ago, the dividend yield marks a decrease of 19%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 dividend payout ratio
Payout ratio
American Electric Power's payout ratio of 70.1% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 65.1%, American Electric Power's payout ratio is 8% higher.
Total amount of dividends paid per financial year (from cash flow)
AEP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| D Dominion Energy Inc | 4.55% | $2.67 | 143.5% |
| FE Firstenergy Corp | 3.77% | $1.67 | 109.9% |
| EXC Exelon Corp | 3.69% | $1.5 | 61.7% |
| AES Aes Corp | 3.56% | $0.68 | 62.7% |
| ETR Entergy Corp | 3.51% | $4.52 | 53.8% |
| DUK Duke Energy CORP | 3.5% | $4.12 | 75.9% |
| AEP American Electric Power Co Inc | 3.35% | $3.52 | 70.1% |
| XEL Xcel Energy Inc | 3.34% | $2.16 | 64.6% |
| SO Southern Co | 3.16% | $2.84 | 67.5% |
| PPL PPL Corp | 3.1% | $1.01 | 88.9% |
| NRG Nrg Energy Inc | 1.99% | $1.6 | 17.3% |
Frequently asked questions
Does American Electric Power pay a dividend?
Yes, American Electric Power has been paying dividends for the last 30 years.
When was AEP's last dividend?
American Electric Power's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $0.88 per share.
How much dividend does American Electric Power pay (per share)?
On an annual basis AEP pays $3.52 per share.
What is American Electric Power's dividend yield?
The current dividend yield of American Electric Power is 3.38%.
How often does American Electric Power pay dividends?
American Electric Power pays four dividends per year.
What is American Electric Power's dividend payout ratio?
The dividend payout ratio of American Electric Power is 70.1%.
Does American Electric Power pay a good dividend?
American Electric Power's dividend yield is more than the Utilities sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.