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American Electric Power Company, Inc. (AEP)
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AEP Dividends

American Electric Power Company, Inc. (AEP) pays $3.78 in dividends per share, with a current dividend yield of 2.96%. The company has dividend history for 21 consecutive years.

AEP Dividend Summary

Consecutive Years

21

Most Recent Ex-Date

May 8, 2026

Next Payment Date

Jun 10, 2026

AEP Dividends per Share (Nominal History)

View full nominal table list

This step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.

AEP Dividends CAGR Chart

American Electric Power Company, Inc. (AEP)

Annual Dividend History

YearDividend/ShareYoY Growth
2026(YTD)$1.90
2025$3.74+4.76%
2024$3.57+5.93%
2023$3.37+6.31%
2022$3.17+5.67%
2021$3.00+5.63%
2020$2.84+4.80%
2019$2.71+7.11%
2018$2.53+5.86%
2017$2.39+5.29%
2016$2.27+5.58%
2015$2.15+5.91%
2014$2.03+4.10%
2013$1.95+3.72%
2012$1.88+1.62%
2011$1.85+8.19%
2010$1.71+4.27%
2009$1.64+0.00%
2008$1.64+3.80%
2007$1.58+5.33%

Quarterly Dividend History

QuarterDividend/ShareYoY Growth
Q2 2026$0.95+2.15%
Q1 2026$0.95+2.15%
Q4 2025$0.95+2.15%
Q3 2025$0.93+5.68%
Q2 2025$0.93+5.68%
Q1 2025$0.93+5.68%
Q4 2024$0.93+5.68%
Q3 2024$0.88+6.02%
Q2 2024$0.88+6.02%
Q1 2024$0.88+6.02%
Q4 2023$0.88+6.02%
Q3 2023$0.83+6.41%
Q2 2023$0.83+6.41%
Q1 2023$0.83+6.41%
Q4 2022$0.83+6.41%
Q3 2022$0.78+5.41%
Q2 2022$0.78+5.41%
Q1 2022$0.78+5.41%
Q4 2021$0.78+5.41%
Q3 2021$0.74+5.71%
Q2 2021$0.74+5.71%
Q1 2021$0.74+5.71%
Q4 2020$0.74+5.71%
Q3 2020$0.70+4.48%

Dividend Yield Metrics

Current Yield
2.96%
Average Yield (TTM)
2.96%
Average Yield (3Y)
2.79%
Forward Yield on Cost (3Y)
3.69%
Forward Yield on Cost (5Y)
4.27%
Forward Yield on Cost (10Y)
6.17%

Payout Ratio Analysis

Payout Ratio (Current)
56.76%
FCF Payout Ratio
31.76%
Payout Ratio (3Y Avg)
66.34%
Payout Ratio (5Y Avg)
65.93%
FCF Payout (3Y Avg)
179.79%
FCF Payout (5Y Avg)
220.38%

Dividend Coverage

Payout Ratio
56.8%
Dividends / net income
FCF Payout Ratio
31.8%
Dividends / free cash flow
Consecutive Years
21 years
Years with regular dividend payments
5Y Dividend Growth
5.7%
Compound annual dividend growth

About American Electric Power Company, Inc.

American Electric Power Company, Inc. (AEP) operates as a prominent electric utility holding company, with its core business encompassing the generation, transmission, and delivery of electricity. Serving both retail and wholesale clients across the United States, AEP organizes its extensive operations into several key segments: Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing. The firm produces its electrical power from a diverse portfolio of energy sources, including coal, lignite, natural gas, nuclear, hydroelectric, solar, and wind power, alongside other emerging technologies. Beyond direct consumer sales, AEP also functions as a major wholesale electricity supplier, providing power to other utility companies, rural electric cooperatives, municipalities, and various other participants within the energy market. Incorporated in 1906, the company's corporate headquarters are situated in Columbus, Ohio.

Columbus, OH
16,330 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
William J. Fehrman