American Electric Power's last dividend of $0.93 per share was on Nov 8, 2024 (ex-date). The annualized dividend payment of $3.57 per share represents a current dividend yield of 3.85%. The latest AEP payout of $0.93 marks a dividend growth of 6%.
American Electric Power's dividend yield of 3.85% is above the Utilities sector, the industry and its peers average. If we compare it with its Utilities sector average of 3.23%, American Electric Power's dividend yield is 19% higher. The current dividend yield is more than the historical average of 3.6% 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 16% from a year ago, the dividend yield marks a decrease of 9%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
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 71.5% is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 63.3%, American Electric Power's payout ratio is 13% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
AES Aes Corp | 5.31% | $0.69 | 47.3% |
D Dominion Energy Inc | 4.98% | $2.67 | 95% |
FE Firstenergy Corp | 4.23% | $1.69 | 108.7% |
EXC Exelon Corp | 4.11% | $1.52 | 62.6% |
AEP American Electric Power Co Inc | 3.85% | $3.57 | 71.5% |
DUK Duke Energy CORP | 3.82% | $4.14 | 76.1% |
SO Southern Co | 3.45% | $2.86 | 66.4% |
XEL Xcel Energy Inc | 3.21% | $2.16 | 64.2% |
PPL PPL Corp | 3.18% | $1.03 | 92% |
ETR Entergy Corp | 3.05% | $2.3 | 55.6% |
NRG Nrg Energy Inc | 1.8% | $1.63 | 40.1% |
Yes, American Electric Power has been paying dividends for the last 30 years.
American Electric Power's last regular dividend was on Nov 8, 2024 (ex-date) with the amount of $0.93 per share.
On an annual basis AEP pays $3.57 per share.
The current dividend yield of American Electric Power is 3.85%.
American Electric Power pays four dividends per year.
The dividend payout ratio of American Electric Power is 71.5%.
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.