AEP Dividend History & Analysis | 3.1% Yield

AEP has a dividend yield of 3.1% and paid 3.78 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.12%
Payout Ratio 62.4%
Growth Rate CAGR 5y 5.6%
Consistency Lifetime 100%
Yield on Cost 5y 5.2%
Payout FCF 26.5%
Streak Years 5
Dividend Rating 62.9%
Chowder Number yield + growth 8.7% below 12% target for healthy growth
Yield vs Average 5y -8% avg 3.39% vs now 3.12%
Debt / EBITDA leverage 6.0x elevated
Income per 10k invested 312 USD per year
Dividends Cash Amount per Share Yearly AEP annual dividends paid per share, showing the total cash American Electric Power distributed to shareholders each year.
Dividend Growth Year over Year AEP year-over-year dividend growth rate, showing how American Electric Power's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History AEP dividend yield history versus share price over the past 5 years, showing how American Electric Power's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Electric Utilities

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
CIG NYSE
Companhia Energetica de
6,122 M 10.67% 36.22%
ELPC NYSE
Companhia Paranaense de
8,812 M 8.16% 12.03%
ENGI PA
Engie S.A.
80,083 M 4.87% 17.51%
EIX NYSE
Edison International
29,725 M 5.39% 7.90%
ENEL MI
Enel
114,804 M 5.13% 8.30%
IRE MI
Iren
3,737 M 5.48% 7.24%
RED MC
Redeia Corporacion S.A.
9,579 M 5.36% 6.47%
A2A MI
A2A S.p.A
8,251 M 4.80% 7.57%
TRN MI
Terna Rete Elettrica
23,267 M 4.07% 7.36%
EDP LS
EDP - Energias de Portugal
21,378 M 4.66% 5.77%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
PCG NYSE
PG&E
47,009 M 127.67% 87.5%
ELPC NYSE
Companhia Paranaense de
8,812 M 115.99% 100.0%
CEG NASDAQ
Constellation Energy
90,129 M 29.85% 100.0%
NEE NYSE
Nextera Energy
183,533 M 10.05% 100.0%
ANA MC
Acciona
15,181 M 8.61% 100.0%
TRN MI
Terna Rete Elettrica
23,267 M 9.06% 100.0%
OTTR NASDAQ
Otter Tail
3,834 M 8.18% 100.0%
NRG NYSE
NRG Energy
28,008 M 7.89% 100.0%
HER MI
Hera S.p.A
6,560 M 7.86% 100.0%
IRE MI
Iren
3,737 M 7.45% 100.0%

AEP Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 0.93% 100
Mar - -
Apr - -
May 0.86% 100
Jun - -
Jul - -
Aug 0.88% 100
Sep - -
Oct - -
Nov 0.95% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-08 2026-05-08 2026-06-10 Quarterly 0.95 0% 0.72%
2026-02-10 2026-02-10 2026-03-10 Quarterly 0.95 0% 0.79%
2025-11-10 2025-11-10 2025-12-10 Quarterly 0.95 +2.2% 0.79%
2025-08-08 2025-08-08 2025-09-10 Quarterly 0.93 0% 0.82%
2025-05-09 2025-05-09 2025-06-10 Quarterly 0.93 0% 0.89%
2025-02-10 2025-02-10 2025-03-10 Quarterly 0.93 0% 0.93%
2024-11-08 2024-11-08 2024-12-10 Quarterly 0.93 +5.7% 0.97%
2024-08-09 2024-08-09 2024-09-10 Quarterly 0.88 0% 0.9%
2024-05-09 2024-05-10 2024-06-10 Quarterly 0.88 0% 0.99%
2024-02-08 2024-02-09 2024-03-08 Quarterly 0.88 0% 1.16%
2023-11-09 2023-11-10 2023-12-08 Quarterly 0.88 +6% 1.13%
2023-08-09 2023-08-10 2023-09-08 Quarterly 0.83 0% 1.04%
2023-05-09 2023-05-10 2023-06-09 Quarterly 0.83 0% 0.91%
2023-02-09 2023-02-10 2023-03-10 Quarterly 0.83 0% 0.93%
2022-11-09 2022-11-10 2022-12-09 Quarterly 0.83 +6.4% 0.94%
2022-08-09 2022-08-10 2022-09-09 Quarterly 0.78 0% 0.78%
2022-05-09 2022-05-10 2022-06-10 Quarterly 0.78 0% 0.79%
2022-02-09 2022-02-10 2022-03-10 Quarterly 0.78 0% 0.87%
2021-11-09 2021-11-10 2021-12-10 Quarterly 0.78 +5.4% 0.94%
2021-08-09 2021-08-10 2021-09-10 Quarterly 0.74 0% 0.83%

AEP Dividend FAQ

What is the Dividend Yield of AEP?

As of July 2026, AEP's dividend yield is 3.12%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.78 USD by the current share price of 135.54.

Does AEP pay a dividend?

As of July 2026, AEP paid a dividend of 3.78 USD in the last 12 months. The last dividend was paid on 2026-05-08 and the payout was 0.95 USD.

How often does AEP pay dividends?

AEP pays dividends quarterly. Over the last 12 months, AEP has issued 4 dividend payments. The last dividend payment was made on 2026-05-08.

AEP dividend forecast

Based on historical data, the forecasted dividends per share for AEP for the next payments are between 0.942 (-0.8%) and 0.981 (+3.3%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 2.84%.

Will AEP pay dividends in 2026?

The latest dividend paid per share was 0.95 USD with an Ex-Dividend Date of 2026-05-08. The next Ex-Dividend date for American Electric Power (AEP) is currently unknown.

What is the next Ex-Dividend Date for AEP?

The next Ex-Dividend date for American Electric Power (AEP) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of AEP?

AEP's average dividend growth rate over the past 5 years is 5.56% per year. Strong growth: AEP's dividend growth is outpacing inflation.

What is the Yield on Cost of AEP?

AEP's 5-Year Yield on Cost is 5.16%. If you bought AEP's shares at 73.19 USD five years ago, your current annual dividend income (3.78 USD per share, trailing 12 months) equals 5.16% of your original purchase price.

What is the Payout Consistency of AEP?

AEP Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: American Electric Power has a strong track record of consistent dividend payments over its lifetime.

Does AEP have a good Dividend Yield?

AEP's 3.12% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of AEP?

The Dividend Payout Ratio of AEP is 62.4%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of AEP?

AEP's Overall Dividend Rating is 62.88%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

AEP Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in AEP's Outstanding Shares?

American Electric Power's outstanding shares have increased by approximately 1.94% annually over the past 3 years (Trend Reliability: 50.2%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has AEP ever had a Stock Split?

Yes, the last stock split was on Oct 31, 1962 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 192,239,900 0%
1986 193,561,400 +0.69%
1987 193,402,100 -0.08%
1988 193,495,900 +0.05%
1989 193,767,300 +0.14%
1990 185,874,700 -4.07%
1991 183,964,300 -1.03%
1992 184,615,600 +0.35%
1993 184,304,100 -0.17%
1994 184,688,400 +0.21%
1995 186,673,500 +1.07%
1996 186,810,900 +0.07%
1997 190,199,300 +1.81%
1998 191,500,000 +0.68%
1999 257,500,000 +34.46%
2000 322,000,000 +25.05%
2001 322,309,400 +0.1%
2002 344,000,000 +6.73%
2003 387,155,200 +12.55%
2004 395,000,000 +2.03%
2005 393,502,000 -0.38%
2006 397,517,800 +1.02%
2007 401,135,400 +0.91%
2008 405,511,300 +1.09%
2009 468,046,700 +15.42%
2010 480,483,600 +2.66%
2011 483,354,600 +0.6%
2012 486,344,000 +0.62%
2013 488,271,200 +0.4%
2014 489,936,700 +0.34%
2015 491,332,300 +0.28%
2016 492,032,000 +0.14%
2017 493,127,300 +0.22%
2018 494,484,100 +0.28%
2019 495,957,600 +0.3%
2020 497,695,500 +0.35%
2021 504,721,300 +1.41%
2022 514,400,300 +1.92%
2023 523,901,300 +1.85%
2024 531,337,700 +1.42%
2025 520,206,000 -2.1%
2026 547,054,100 +5.16%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-26 02:05 UTC