American Electric Power Company, Inc.
AEP22 yrs growthUtilities · Stock · quarterly payer
$127.79
Add to PortfolioForward Yield
2.97%
Annual Dividend
$3.80
Payout Ratio
56%
5-Yr Growth
5.8%
Ex-Date
May 8, 2026
Frequency
Quarterly
AEP Dividend Safety Score
88/ 100
Grade A
Very Safe
Dividend-growth streak22 consecutive years of growth
Cut historyCut its dividend in 2003
Earnings payout coverage56% of earnings paid out
Balance-sheet strengthDebt/equity of 1.57
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is AEP a good dividend stock?
YesAmerican Electric Power Company, Inc. (AEP) pays a quarterly dividend yielding 2.97% ($3.80/yr), with 22 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 22 consecutive years of dividend growth
- Comfortable payout ratio (56%)
- Strong 5.8% 5-yr dividend growth
- 53% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2003
Key Data
- Dividend Yield
- 2.97%
- Payout Ratio
- 56%
- Annual Dividend
- $3.80
- 5-Yr Avg Growth
- 5.8%
- Ex-Dividend Date
- May 8, 2026
- Years of Growth
- 22
- Frequency
- quarterly
- Beta
- 0.52
- Market Cap
- $69.5B
- P/E Ratio
- 18.9
- 5-Yr Total Return
- 53%
- 52-Week Range
- $100.72 – $139.44
- Dividend Safety
- A · 88/100
- Ever Cut?
- Yes (2003)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 8, 2026 | — | $0.9500 | regular |
| Feb 10, 2026 | — | $0.9500 | regular |
| Nov 10, 2025 | — | $0.9500 | regular |
| Aug 8, 2025 | — | $0.9300 | regular |
| May 9, 2025 | — | $0.9300 | regular |
| Feb 10, 2025 | — | $0.9300 | regular |
| Nov 8, 2024 | — | $0.9300 | regular |
| Aug 9, 2024 | — | $0.8800 | regular |
| May 9, 2024 | — | $0.8800 | regular |
| Feb 8, 2024 | — | $0.8800 | regular |
| Nov 9, 2023 | — | $0.8800 | regular |
| Aug 9, 2023 | — | $0.8300 | regular |
| May 9, 2023 | — | $0.8300 | regular |
| Feb 9, 2023 | — | $0.8300 | regular |
Income Calculator
At $3.80 / yr per share
Per payment (quarterly)$95.00
Annual$380.00
Monthly avg$31.67
