American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.
American Electric Power Dividend Announcement
• American Electric Power announced a quarterly dividend of $0.93 per ordinary share which will be made payable on 2024-12-10. Ex dividend date: 2024-11-08
• American Electric Power annual dividend for 2024 was $3.57
• American Electric Power annual dividend for 2023 was $3.37
• American Electric Power's trailing twelve-month (TTM) dividend yield is 3.74%
• American Electric Power's payout ratio for the trailing twelve months (TTM) is 71.42%
• American Electric Power's dividend growth over the last five years (2018-2023) was 5.90% year
• American Electric Power's dividend growth over the last ten years (2013-2023) was 5.62% year
American Electric Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-08 | $0.93 | quarterly | 2024-12-10 |
2024-08-09 | $0.88 | quarterly | 2024-09-10 |
2024-05-09 | $0.88 | quarterly | 2024-06-10 |
2024-02-08 | $0.88 | quarterly | 2024-03-08 |
2023-11-09 | $0.88 | quarterly | 2023-12-08 |
2023-08-09 | $0.83 | quarterly | 2023-09-08 |
2023-05-09 | $0.83 | quarterly | 2023-06-09 |
2023-02-09 | $0.83 | quarterly | 2023-03-10 |
2022-11-09 | $0.83 | quarterly | 2022-12-09 |
2022-08-09 | $0.78 | quarterly | 2022-09-09 |
2022-05-09 | $0.78 | quarterly | 2022-06-10 |
2022-02-09 | $0.78 | quarterly | 2022-03-10 |
2021-11-09 | $0.78 | quarterly | 2021-12-10 |
2021-08-09 | $0.74 | quarterly | 2021-09-10 |
2021-05-07 | $0.74 | quarterly | 2021-06-10 |
2021-02-09 | $0.74 | quarterly | 2021-03-10 |
2020-11-09 | $0.74 | quarterly | 2020-12-10 |
2020-08-07 | $0.70 | quarterly | 2020-09-10 |
2020-05-07 | $0.70 | quarterly | 2020-06-10 |
2020-02-07 | $0.70 | quarterly | 2020-03-10 |
2019-11-07 | $0.70 | quarterly | 2019-12-10 |
2019-08-08 | $0.67 | quarterly | 2019-09-10 |
2019-05-09 | $0.67 | quarterly | 2019-06-10 |
2019-02-07 | $0.67 | quarterly | 2019-03-08 |
2018-11-08 | $0.67 | quarterly | 2018-12-10 |
2018-08-09 | $0.62 | quarterly | 2018-09-10 |
2018-05-09 | $0.62 | quarterly | 2018-06-08 |
2018-02-08 | $0.62 | quarterly | 2018-03-09 |
2017-11-09 | $0.62 | quarterly | 2017-12-08 |
2017-08-08 | $0.59 | quarterly | 2017-09-08 |
2017-05-08 | $0.59 | quarterly | 2017-06-09 |
2017-02-08 | $0.59 | quarterly | 2017-03-10 |
2016-11-08 | $0.59 | quarterly | 2016-12-09 |
2016-08-08 | $0.56 | quarterly | 2016-09-09 |
2016-05-06 | $0.56 | quarterly | 2016-06-10 |
2016-02-08 | $0.56 | quarterly | 2016-03-10 |
2015-11-06 | $0.56 | quarterly | 2015-12-10 |
2015-08-06 | $0.53 | quarterly | 2015-09-10 |
2015-05-06 | $0.53 | quarterly | 2015-06-10 |
2015-02-06 | $0.53 | quarterly | 2015-03-10 |
2014-11-06 | $0.53 | quarterly | 2014-12-10 |
2014-08-06 | $0.50 | quarterly | 2014-09-10 |
2014-05-07 | $0.50 | quarterly | 2014-06-10 |
2014-02-06 | $0.50 | quarterly | 2014-03-10 |
2013-11-06 | $0.50 | quarterly | 2013-12-10 |
2013-08-07 | $0.49 | quarterly | 2013-09-10 |
2013-05-08 | $0.49 | quarterly | 2013-06-10 |
2013-02-06 | $0.47 | quarterly | 2013-03-08 |
American Electric Power Dividend per year
American Electric Power Dividend growth
American Electric Power Dividend Yield
American Electric Power current trailing twelve-month (TTM) dividend yield is 3.74%. Interested in purchasing American Electric Power stock? Use our calculator to estimate your expected dividend yield:
American Electric Power Financial Ratios
American Electric Power Dividend FAQ
Other factors to consider when evaluating American Electric Power as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: American Electric Power's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, American Electric Power publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, American Electric Power distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from American Electric Power are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: American Electric Power sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, American Electric Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: American Electric Power declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of American Electric Power's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review American Electric Power's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.