American Electric Power Company, Inc. (NASDAQ:AEP) Plans $0.95 Quarterly Dividend

American Electric Power Company, Inc. (NASDAQ:AEP) declared a quarterly dividend on Monday, July 20th. Stockholders of record on Monday, August 10th will be given a dividend of 0.95 per share on Thursday, September 10th. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, August 10th.

American Electric Power has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 15 consecutive years. American Electric Power has a payout ratio of 60.4% indicating that its dividend is sufficiently covered by earnings. 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

NASDAQ:AEP opened at $131.05 on Tuesday. The stock’s fifty day moving average is $131.29 and its 200 day moving average is $128.81. American Electric Power has a fifty-two week low of $105.70 and a fifty-two week high of $140.58. The firm has a market capitalization of $71.30 billion, a PE ratio of 19.24, a PEG ratio of 2.42 and a beta of 0.52. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.39 and a current ratio of 0.53.

American Electric Power (NASDAQ:AEP) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.07. American Electric Power had a return on equity of 10.21% and a net margin of 16.29%.The company had revenue of $6.02 billion during the quarter, compared to the consensus estimate of $5.72 billion. During the same period last year, the company earned $1.54 earnings per share. American Electric Power’s revenue was up 10.2% on a year-over-year basis. American Electric Power has set its FY 2026 guidance at 6.120-6.420 EPS. On average, sell-side analysts anticipate that American Electric Power will post 6.35 earnings per share for the current 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.