American Electric Power Company, Inc. (AEP) Dividend History
AEP latest dividend
$0.95last dividend per share
Ex-dividend dateAug 10Monday, 2026
Payment dateSep 10Thursday, 2026
The next dividend has not been announced yet.
- 16 yearsof dividend increases
- 1970paying since
- Quarterly4 payments a year
- +5.7%5-year growth a year
- 2.99%forward yield
AEP dividend income calculator
- Dividend income a year
- $380
- Each payment
- $95
- Value of the shares
- $12,714
- Dividend yield
- 2.99%
At the latest close; forward annual dividend $3.80 per share, before tax.
AEP dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
AEP dividend safety
Payout ratio (earnings)63.4%
Stretched · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)29.5%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+5.7%
Growing · a year on average
Years of increases16
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
AEP yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $117.53 | 3.23% | $3.80 | 3.2% |
| 3 years ago | $75.17 | 5.06% | $11.04 | 14.7% |
| 5 years ago | $82.99 | 4.58% | $17.48 | 21.1% |
| 10 years ago | $63.37 | 6.00% | $30.76 | 48.5% |
| 20 years ago | $41.19 | 9.23% | $49.26 | 119.6% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
AEP dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
AEP dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $3.74 | +4.8% | 3.24% | 4 |
| 2024 | $3.57 | +5.9% | 3.87% | 4 |
| 2023 | $3.37 | +6.3% | 4.15% | 4 |
| 2022 | $3.17 | +5.7% | 3.34% | 4 |
| 2021 | $3.00 | +5.6% | 3.37% | 4 |
| 2020 | $2.84 | +4.8% | 3.41% | 4 |
| 2019 | $2.71 | +7.1% | 2.87% | 4 |
| 2018 | $2.53 | +5.9% | 3.39% | 4 |
| 2017 | $2.39 | +5.3% | 3.25% | 4 |
| 2016 | $2.27 | +5.6% | 3.61% | 4 |
| 2015 | $2.15 | +5.9% | 3.69% | 4 |
| 2014 | $2.03 | +4.1% | 3.34% | 4 |
| 2013 | $1.95 | +3.7% | 4.17% | 4 |
| 2012 | $1.88 | +1.6% | 4.40% | 4 |
| 2011 | $1.85 | +8.2% | 4.48% | 4 |
| 2010 | $1.71 | +4.3% | 4.75% | 4 |
| 2009 | $1.64 | 0.0% | 4.71% | 4 |
| 2008 | $1.64 | +3.8% | 4.93% | 4 |
| 2007 | $1.58 | +5.3% | 3.39% | 4 |
| 2006 | $1.50 | — | 3.52% | 4 |
AEP dividend history
225 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-10 | 2026-09-10 | $0.95 | — | Quarterly |
| 2026-05-08 | 2026-06-10 | $0.95 | — | Quarterly |
| 2026-02-10 | 2026-03-10 | $0.95 | — | Quarterly |
| 2025-11-10 | 2025-12-10 | $0.95 | +2.2% | Quarterly |
| 2025-08-08 | 2025-09-10 | $0.93 | — | Quarterly |
| 2025-05-09 | 2025-06-10 | $0.93 | — | Quarterly |
| 2025-02-10 | 2025-03-10 | $0.93 | — | Quarterly |
| 2024-11-08 | 2024-12-10 | $0.93 | +5.7% | Quarterly |
| 2024-08-09 | 2024-09-10 | $0.88 | — | Quarterly |
| 2024-05-09 | 2024-06-10 | $0.88 | — | Quarterly |
| 2024-02-08 | 2024-03-08 | $0.88 | — | Quarterly |
| 2023-11-09 | 2023-12-08 | $0.88 | +6.0% | Quarterly |
| 2023-08-09 | 2023-09-08 | $0.83 | — | Quarterly |
| 2023-05-09 | 2023-06-09 | $0.83 | — | Quarterly |
| 2023-02-09 | 2023-03-10 | $0.83 | — | Quarterly |
| 2022-11-09 | 2022-12-09 | $0.83 | +6.4% | Quarterly |
Show all 225 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-09 | 2022-09-09 | $0.78 | — | Quarterly |
| 2022-05-09 | 2022-06-10 | $0.78 | — | Quarterly |
| 2022-02-09 | 2022-03-10 | $0.78 | — | Quarterly |
| 2021-11-09 | 2021-12-10 | $0.78 | +5.4% | Quarterly |
| 2021-08-09 | 2021-09-10 | $0.74 | — | Quarterly |
| 2021-05-07 | 2021-06-10 | $0.74 | — | Quarterly |
| 2021-02-09 | 2021-03-10 | $0.74 | — | Quarterly |
| 2020-11-09 | 2020-12-10 | $0.74 | +5.7% | Quarterly |
| 2020-08-07 | 2020-09-10 | $0.7 | — | Quarterly |
| 2020-05-07 | 2020-06-10 | $0.7 | — | Quarterly |
| 2020-02-07 | 2020-03-10 | $0.7 | — | Quarterly |
| 2019-11-07 | 2019-12-10 | $0.7 | +4.5% | Quarterly |
| 2019-08-08 | 2019-09-10 | $0.67 | — | Quarterly |
| 2019-05-09 | 2019-06-10 | $0.67 | — | Quarterly |
| 2019-02-07 | 2019-03-08 | $0.67 | — | Quarterly |
| 2018-11-08 | 2018-12-10 | $0.67 | +8.1% | Quarterly |
| 2018-08-09 | 2018-09-10 | $0.62 | — | Quarterly |
| 2018-05-09 | 2018-06-08 | $0.62 | — | Quarterly |
| 2018-02-08 | 2018-03-09 | $0.62 | — | Quarterly |
| 2017-11-09 | 2017-12-08 | $0.62 | +5.1% | Quarterly |
| 2017-08-08 | 2017-09-08 | $0.59 | — | Quarterly |
| 2017-05-08 | 2017-06-09 | $0.59 | — | Quarterly |
| 2017-02-08 | 2017-03-10 | $0.59 | — | Quarterly |
| 2016-11-08 | 2016-12-09 | $0.59 | +5.4% | Quarterly |
| 2016-08-08 | 2016-09-09 | $0.56 | — | Quarterly |
| 2016-05-06 | 2016-06-10 | $0.56 | — | Quarterly |
| 2016-02-08 | 2016-03-10 | $0.56 | — | Quarterly |
| 2015-11-06 | 2015-12-10 | $0.56 | +5.7% | Quarterly |
| 2015-08-06 | 2015-09-10 | $0.53 | — | Quarterly |
| 2015-05-06 | 2015-06-10 | $0.53 | — | Quarterly |
| 2015-02-06 | 2015-03-10 | $0.53 | — | Quarterly |
| 2014-11-06 | 2014-12-10 | $0.53 | +6.0% | Quarterly |
| 2014-08-06 | 2014-09-10 | $0.5 | — | Quarterly |
| 2014-05-07 | 2014-06-10 | $0.5 | — | Quarterly |
| 2014-02-06 | 2014-03-10 | $0.5 | — | Quarterly |
| 2013-11-06 | 2013-12-10 | $0.5 | +2.0% | Quarterly |
| 2013-08-07 | 2013-09-10 | $0.49 | — | Quarterly |
| 2013-05-08 | 2013-06-10 | $0.49 | +4.3% | Quarterly |
| 2013-02-06 | 2013-03-08 | $0.47 | — | Quarterly |
| 2012-11-07 | 2012-12-10 | $0.47 | — | Quarterly |
| 2012-08-08 | 2012-09-10 | $0.47 | — | Quarterly |
| 2012-05-08 | 2012-06-08 | $0.47 | — | Quarterly |
| 2012-02-08 | 2012-03-09 | $0.47 | — | Quarterly |
| 2011-11-08 | 2011-12-09 | $0.47 | +2.2% | Quarterly |
| 2011-08-08 | 2011-09-09 | $0.46 | — | Quarterly |
| 2011-05-06 | 2011-06-10 | $0.46 | — | Quarterly |
| 2011-02-08 | 2011-03-10 | $0.46 | — | Quarterly |
| 2010-11-08 | 2010-12-10 | $0.46 | +9.5% | Quarterly |
| 2010-08-06 | 2010-09-10 | $0.42 | — | Quarterly |
| 2010-05-06 | 2010-06-10 | $0.42 | +2.4% | Quarterly |
| 2010-02-08 | 2010-03-10 | $0.41 | — | Quarterly |
| 2009-11-06 | 2009-12-10 | $0.41 | — | Quarterly |
| 2009-08-06 | 2009-09-10 | $0.41 | — | Quarterly |
| 2009-05-06 | 2009-06-10 | $0.41 | — | Quarterly |
| 2009-02-06 | 2009-03-10 | $0.41 | — | Quarterly |
| 2008-11-06 | 2008-12-10 | $0.41 | — | Quarterly |
| 2008-08-06 | 2008-09-10 | $0.41 | — | Quarterly |
| 2008-05-07 | 2008-06-10 | $0.41 | — | Quarterly |
| 2008-02-06 | 2008-03-10 | $0.41 | — | Quarterly |
| 2007-11-07 | 2007-12-10 | $0.41 | +5.1% | Quarterly |
| 2007-08-08 | 2007-09-10 | $0.39 | — | Quarterly |
| 2007-05-08 | 2007-06-08 | $0.39 | — | Quarterly |
| 2007-02-07 | 2007-03-09 | $0.39 | — | Quarterly |
| 2006-11-08 | 2006-12-08 | $0.39 | +5.4% | Quarterly |
| 2006-08-08 | 2006-09-08 | $0.37 | — | Quarterly |
| 2006-05-08 | 2006-06-09 | $0.37 | — | Quarterly |
| 2006-02-08 | 2006-03-10 | $0.37 | — | Quarterly |
| 2005-11-08 | 2005-12-09 | $0.37 | +5.7% | Quarterly |
| 2005-08-08 | 2005-09-09 | $0.35 | — | Quarterly |
| 2005-05-06 | 2005-06-10 | $0.35 | — | Quarterly |
| 2005-02-08 | 2005-03-10 | $0.35 | — | Quarterly |
| 2004-11-08 | 2004-12-10 | $0.35 | — | Quarterly |
| 2004-08-06 | 2004-09-10 | $0.35 | — | Quarterly |
| 2004-05-06 | 2004-06-10 | $0.35 | — | Quarterly |
| 2004-02-06 | 2004-03-10 | $0.35 | — | Quarterly |
| 2003-11-06 | 2003-12-10 | $0.35 | — | Quarterly |
| 2003-08-06 | 2003-09-10 | $0.35 | — | Quarterly |
| 2003-05-07 | 2003-06-10 | $0.35 | −41.7% | Quarterly |
| 2003-02-06 | 2003-03-10 | $0.6 | — | Quarterly |
| 2002-11-06 | 2002-12-10 | $0.6 | — | Quarterly |
| 2002-08-07 | 2002-09-10 | $0.6 | — | Quarterly |
| 2002-05-08 | 2002-06-10 | $0.6 | — | Quarterly |
| 2002-02-06 | 2002-03-08 | $0.6 | — | Quarterly |
| 2001-11-07 | 2001-12-10 | $0.6 | — | Quarterly |
| 2001-08-08 | 2001-09-10 | $0.6 | — | Quarterly |
| 2001-05-08 | 2001-06-08 | $0.6 | — | Quarterly |
| 2001-02-07 | 2001-03-09 | $0.6 | — | Quarterly |
| 2000-11-08 | 2000-12-08 | $0.6 | — | Quarterly |
| 2000-08-08 | 2000-09-08 | $0.6 | — | Quarterly |
| 2000-05-08 | 2000-06-09 | $0.6 | — | Quarterly |
| 2000-02-08 | 2000-03-10 | $0.6 | — | Quarterly |
| 1999-11-08 | 1999-12-10 | $0.6 | — | Quarterly |
| 1999-08-06 | 1999-09-10 | $0.6 | — | Quarterly |
| 1999-05-06 | 1999-06-10 | $0.6 | — | Quarterly |
| 1999-02-08 | 1999-03-10 | $0.6 | — | Quarterly |
| 1998-11-06 | 1998-12-10 | $0.6 | — | Quarterly |
| 1998-08-06 | 1998-09-10 | $0.6 | — | Quarterly |
| 1998-05-06 | 1998-06-10 | $0.6 | — | Quarterly |
| 1998-02-06 | 1998-03-10 | $0.6 | — | Quarterly |
| 1997-11-06 | 1997-12-10 | $0.6 | — | Quarterly |
| 1997-08-06 | 1997-09-10 | $0.6 | — | Quarterly |
| 1997-05-07 | 1997-06-10 | $0.6 | — | Quarterly |
| 1997-02-06 | 1997-03-10 | $0.6 | — | Quarterly |
| 1996-11-06 | 1996-12-10 | $0.6 | — | Quarterly |
| 1996-08-07 | 1996-09-10 | $0.6 | — | Quarterly |
| 1996-05-08 | 1996-06-10 | $0.6 | — | Quarterly |
| 1996-02-08 | 1996-03-08 | $0.6 | — | Quarterly |
| 1995-11-08 | 1995-12-08 | $0.6 | — | Quarterly |
| 1995-08-08 | 1995-09-08 | $0.6 | — | Quarterly |
| 1995-05-04 | 1995-06-09 | $0.6 | — | Quarterly |
| 1995-02-06 | 1995-03-10 | $0.6 | — | Quarterly |
| 1994-11-04 | 1994-12-09 | $0.6 | — | Quarterly |
| 1994-08-04 | 1994-09-09 | $0.6 | — | Quarterly |
| 1994-05-04 | 1994-06-10 | $0.6 | — | Quarterly |
| 1994-02-04 | 1994-03-10 | $0.6 | — | Quarterly |
| 1993-11-04 | 1993-12-10 | $0.6 | — | Quarterly |
| 1993-08-04 | 1993-09-10 | $0.6 | — | Quarterly |
| 1993-05-04 | 1993-06-10 | $0.6 | — | Quarterly |
| 1993-02-04 | 1993-03-10 | $0.6 | — | Quarterly |
| 1992-11-04 | 1992-12-10 | $0.6 | — | Quarterly |
| 1992-08-04 | 1992-09-10 | $0.6 | — | Quarterly |
| 1992-05-04 | 1992-06-10 | $0.6 | — | Quarterly |
| 1992-02-04 | 1992-03-10 | $0.6 | — | Quarterly |
| 1991-11-04 | 1991-12-10 | $0.6 | — | Quarterly |
| 1991-08-05 | 1991-09-10 | $0.6 | — | Quarterly |
| 1991-05-06 | 1991-06-10 | $0.6 | — | Quarterly |
| 1991-02-04 | 1991-03-08 | $0.6 | — | Quarterly |
| 1990-11-05 | 1990-12-10 | $0.6 | — | Quarterly |
| 1990-08-06 | 1990-09-10 | $0.6 | — | Quarterly |
| 1990-05-04 | 1990-06-08 | $0.6 | — | Quarterly |
| 1990-02-05 | 1990-03-09 | $0.6 | — | Quarterly |
| 1989-11-06 | 1989-12-08 | $0.6 | — | Quarterly |
| 1989-08-04 | 1989-09-08 | $0.6 | +3.4% | Quarterly |
| 1989-05-04 | 1989-06-09 | $0.58 | — | |
| 1989-02-06 | 1989-03-10 | $0.58 | −2.0% | |
| 1988-11-04 | 1988-12-09 | $0.592 | — | |
| 1988-08-04 | 1988-09-09 | $0.592 | +4.8% | |
| 1988-05-04 | 1988-06-10 | $0.565 | — | |
| 1988-02-04 | 1988-03-10 | $0.565 | — | |
| 1987-11-04 | 1987-12-10 | $0.565 | −12.4% | |
| 1987-08-04 | 1987-09-10 | $0.645 | +14.2% | |
| 1987-05-05 | 1987-06-10 | $0.565 | — | |
| 1987-02-04 | 1987-03-10 | $0.565 | — | |
| 1986-11-04 | — | $0.565 | — | |
| 1986-08-05 | — | $0.565 | — | |
| 1986-05-05 | — | $0.565 | — | |
| 1986-02-04 | — | $0.565 | — | |
| 1985-11-05 | — | $0.565 | — | |
| 1985-08-05 | — | $0.565 | — | |
| 1985-05-06 | — | $0.565 | — | |
| 1985-02-05 | — | $0.565 | — | |
| 1984-11-02 | — | $0.565 | — | |
| 1984-08-06 | — | $0.565 | — | |
| 1984-05-04 | — | $0.565 | — | |
| 1984-02-06 | — | $0.565 | — | |
| 1983-11-03 | — | $0.565 | — | |
| 1983-08-04 | — | $0.565 | — | |
| 1983-05-04 | — | $0.565 | — | |
| 1983-02-04 | — | $0.565 | — | |
| 1982-11-04 | — | $0.565 | — | |
| 1982-08-04 | — | $0.565 | — | |
| 1982-05-04 | — | $0.565 | — | |
| 1982-02-04 | — | $0.565 | — | |
| 1981-11-04 | — | $0.565 | — | |
| 1981-08-04 | — | $0.565 | — | |
| 1981-05-05 | — | $0.565 | — | |
| 1981-02-04 | — | $0.565 | +1.8% | |
| 1980-08-05 | — | $0.555 | — | |
| 1980-05-05 | — | $0.555 | — | |
| 1980-02-05 | — | $0.555 | — | |
| 1979-11-02 | — | $0.555 | +1.8% | |
| 1979-08-06 | — | $0.545 | — | |
| 1979-05-04 | — | $0.545 | — | |
| 1979-02-05 | — | $0.545 | — | |
| 1978-10-31 | — | $0.545 | +2.8% | |
| 1978-08-04 | — | $0.53 | — | |
| 1978-05-04 | — | $0.53 | — | |
| 1978-02-06 | — | $0.53 | — | |
| 1977-11-03 | — | $0.53 | +2.9% | |
| 1977-08-04 | — | $0.515 | — | |
| 1977-05-04 | — | $0.515 | — | |
| 1977-02-04 | — | $0.515 | — | |
| 1976-11-04 | — | $0.515 | +3.0% | |
| 1976-08-04 | — | $0.5 | — | |
| 1976-05-04 | — | $0.5 | — | |
| 1976-02-03 | — | $0.5 | — | |
| 1975-11-03 | — | $0.5 | — | |
| 1975-08-05 | — | $0.5 | — | |
| 1975-05-05 | — | $0.5 | — | |
| 1975-02-04 | — | $0.5 | — | |
| 1974-11-04 | — | $0.5 | — | |
| 1974-05-06 | — | $0.5 | +5.3% | |
| 1974-02-04 | — | $0.475 | — | |
| 1973-11-02 | — | $0.475 | — | |
| 1973-08-06 | — | $0.475 | +5.6% | |
| 1973-05-04 | — | $0.45 | — | |
| 1973-02-05 | — | $0.45 | — | |
| 1972-11-03 | — | $0.45 | +3.4% | |
| 1972-08-04 | — | $0.435 | — | |
| 1972-05-04 | — | $0.435 | −2.2% | |
| 1972-02-04 | — | $0.445 | +4.7% | |
| 1971-11-04 | — | $0.425 | — | |
| 1971-08-04 | — | $0.425 | — | |
| 1971-05-05 | — | $0.425 | — | |
| 1971-02-04 | — | $0.425 | — | |
| 1970-11-04 | — | $0.425 | +3.7% | |
| 1970-08-04 | — | $0.41 | — | |
| 1970-05-05 | — | $0.41 | — | |
| 1970-02-04 | — | $0.41 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
AEP stock split history
American Electric Power has no stock splits on record.
AEP dividend overview
American Electric Power pays an annual dividend of $3.80 per share, a yield of 2.99% at the latest close, paid quarterly. It paid $3.74 per share in 2025, up 4.8% from 2024. It has raised its dividend for 16 consecutive years. Over five years the dividend grew 5.7% a year on average and over ten years 5.7% a year. The payout ratio is 63.4% of trailing earnings.
Related: AEP cash flow statement, AEP key metrics, AEP chart. See the AEP stock overview for the latest quote and news.
AEP dividends FAQ
Does American Electric Power pay a dividend?
Yes. American Electric Power has paid a regular dividend since 1970, quarterly, most recently $0.95 per share with an ex-dividend date of August 10, 2026.
What is American Electric Power's dividend yield?
American Electric Power's forward annual dividend is $3.80 per share, a dividend yield of 2.99% at the latest close of $127.14.
How often does American Electric Power pay dividends?
American Electric Power pays dividends quarterly.
How fast is American Electric Power's dividend growing?
American Electric Power's dividend per share grew from $2.84 in 2020 to $3.74 in 2025, 5.7% a year on average over five years; it has increased for 16 years in a row.
What is American Electric Power's dividend payout ratio?
American Electric Power pays out 63.4% of its trailing earnings as dividends and 29.5% of its free cash flow (fiscal 2025).
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