American Electric Power Company, Inc. (AEP) To Go Ex-Dividend on August 10th

American Electric Power Company, Inc. (NASDAQ:AEP) announced a quarterly dividend on Monday, July 20th. Investors of record on Monday, August 10th will be given a dividend of 0.95 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, August 10th.

American Electric Power has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 15 years. American Electric Power has a dividend payout ratio of 60.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect American Electric Power to earn $6.86 per share next year, which means the company should continue to be able to cover its $3.80 annual dividend with an expected future payout ratio of 55.4%.

American Electric Power Stock Performance

Shares of AEP opened at $125.73 on Friday. American Electric Power has a 52-week low of $105.70 and a 52-week high of $140.58. The stock’s 50-day simple moving average is $131.55 and its 200 day simple moving average is $130.06. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.38 and a current ratio of 0.50. The stock has a market capitalization of $68.45 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 2.25 and a beta of 0.52.

American Electric Power (NASDAQ:AEP) last posted its earnings results on Thursday, July 30th. The company reported $1.36 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.12). American Electric Power had a net margin of 13.78% and a return on equity of 9.95%. The company had revenue of $5.45 billion for the quarter, compared to analysts’ expectations of $5.34 billion. During the same period in the previous year, the firm earned $1.43 EPS. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. American Electric Power has set its FY 2026 guidance at 6.250-6.550 EPS. Research analysts forecast that American Electric Power will post 6.37 EPS for the current fiscal year.

American Electric Power Company Profile

American Electric Power (NASDAQ: AEP) is a major investor-owned electric utility headquartered in Columbus, Ohio. The company is primarily engaged in the generation, transmission and distribution of electricity, operating a diverse portfolio of power plants and an extensive high-voltage transmission network. AEP serves retail customers through its regulated utility subsidiaries and provides wholesale power and grid services across multiple regional markets in the United States.

Operations span the full utility value chain: AEP owns and operates generation assets that include fossil-fuel, natural gas, nuclear and hydropower facilities, and it has been adding renewable resources to its mix.