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 3.56%.
American Electric Power's dividend yield of 3.56% is above the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 3.19%, American Electric Power's dividend yield is 12% higher. The current dividend yield is similar to the historical average of 3.5% of the last 5 years.
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 33% from a year ago, the dividend yield marks a decrease of 20%.
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'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%, American Electric Power's payout ratio is 8% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
D Dominion Energy Inc | 4.6% | $2.67 | 143.5% |
AES Aes Corp | 3.86% | $0.68 | 62.7% |
FE Firstenergy Corp | 3.81% | $1.67 | 109.9% |
EXC Exelon Corp | 3.68% | $1.5 | 61.7% |
AEP American Electric Power Co Inc | 3.51% | $3.52 | 70.1% |
DUK Duke Energy CORP | 3.51% | $4.12 | 75.9% |
XEL Xcel Energy Inc | 3.38% | $2.16 | 64.6% |
ETR Entergy Corp | 3.37% | $4.52 | 53.8% |
SO Southern Co | 3.12% | $2.84 | 67.5% |
PPL PPL Corp | 3.11% | $1.01 | 88.9% |
NRG Nrg Energy Inc | 1.79% | $1.6 | 17.3% |
Yes, American Electric Power has been paying dividends for the last 30 years.
American Electric Power's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $0.88 per share.
On an annual basis AEP pays $3.52 per share.
The current dividend yield of American Electric Power is 3.56%.
American Electric Power pays four dividends per year.
The dividend payout ratio of American Electric Power is 70.1%.
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.