American Electric Power Company (AEP) Dividend History & Yield
American Electric Power Company (AEP) has increased its dividend for 17 consecutive years and currently yields 2.83%. The most recent payment was $0.9500/share on Feb 10, 2026, paid Quarterly.
Current Yield
2.83%
TTM Dividend/Share
$3.76
Payment Frequency
Quarterly
Payout Ratio
56.1%
Consecutive Growth Years
17
Div Growth (1Y CAGR)
4.76%
Div Growth (5Y CAGR)
5.66%
Div Growth (10Y CAGR)
5.69%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 56.1%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($13.13) covers dividend/share ($3.76).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
17 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Feb 10, 2026
- Payment date
- Mar 10, 2026
- Dividend
- $0.9500
- Adj. dividend
- $0.9500
- Yield (ex-date)
- 3.10%
Ex-date Nov 10, 2025
- Payment date
- Dec 10, 2025
- Dividend
- $0.9500
- Adj. dividend
- $0.9500
- Yield (ex-date)
- 3.05%
Ex-date Aug 8, 2025
- Payment date
- Sep 10, 2025
- Dividend
- $0.9300
- Adj. dividend
- $0.9300
- Yield (ex-date)
- 3.31%
Ex-date May 9, 2025
- Payment date
- Jun 10, 2025
- Dividend
- $0.9300
- Adj. dividend
- $0.9300
- Yield (ex-date)
- 3.51%
Ex-date Feb 10, 2025
- Payment date
- Mar 10, 2025
- Dividend
- $0.9300
- Adj. dividend
- $0.9300
- Yield (ex-date)
- 3.59%
Ex-date Nov 8, 2024
- Payment date
- Dec 10, 2024
- Dividend
- $0.9300
- Adj. dividend
- $0.9300
- Yield (ex-date)
- 3.70%
Ex-date Aug 9, 2024
- Payment date
- Sep 10, 2024
- Dividend
- $0.8800
- Adj. dividend
- $0.8800
- Yield (ex-date)
- 3.61%
Ex-date May 9, 2024
- Payment date
- Jun 10, 2024
- Dividend
- $0.8800
- Adj. dividend
- $0.8800
- Yield (ex-date)
- 3.82%
Ex-date Feb 8, 2024
- Payment date
- Mar 8, 2024
- Dividend
- $0.8800
- Adj. dividend
- $0.8800
- Yield (ex-date)
- 4.50%
Ex-date Nov 9, 2023
- Payment date
- Dec 8, 2023
- Dividend
- $0.8800
- Adj. dividend
- $0.8800
- Yield (ex-date)
- 4.36%
Ex-date Aug 9, 2023
- Payment date
- Sep 8, 2023
- Dividend
- $0.8300
- Adj. dividend
- $0.8300
- Yield (ex-date)
- 4.11%
Ex-date May 9, 2023
- Payment date
- Jun 9, 2023
- Dividend
- $0.8300
- Adj. dividend
- $0.8300
- Yield (ex-date)
- 3.59%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Feb 10, 2026 | Mar 10, 2026 | $0.9500 | $0.9500 | 3.10% |
| Nov 10, 2025 | Dec 10, 2025 | $0.9500 | $0.9500 | 3.05% |
| Aug 8, 2025 | Sep 10, 2025 | $0.9300 | $0.9300 | 3.31% |
| May 9, 2025 | Jun 10, 2025 | $0.9300 | $0.9300 | 3.51% |
| Feb 10, 2025 | Mar 10, 2025 | $0.9300 | $0.9300 | 3.59% |
| Nov 8, 2024 | Dec 10, 2024 | $0.9300 | $0.9300 | 3.70% |
| Aug 9, 2024 | Sep 10, 2024 | $0.8800 | $0.8800 | 3.61% |
| May 9, 2024 | Jun 10, 2024 | $0.8800 | $0.8800 | 3.82% |
| Feb 8, 2024 | Mar 8, 2024 | $0.8800 | $0.8800 | 4.50% |
| Nov 9, 2023 | Dec 8, 2023 | $0.8800 | $0.8800 | 4.36% |
| Aug 9, 2023 | Sep 8, 2023 | $0.8300 | $0.8300 | 4.11% |
| May 9, 2023 | Jun 9, 2023 | $0.8300 | $0.8300 | 3.59% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
American Electric Power Company has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 17 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $3.7400 | — | — |
| 2025 | $3.5700 | $3.7400 | +4.8% |
| 2024 | $3.3700 | $3.5700 | +5.9% |
| 2023 | $3.1700 | $3.3700 | +6.3% |
| 2022 | $3.0000 | $3.1700 | +5.7% |
| 2021 | $2.8400 | $3.0000 | +5.6% |
| 2020 | $2.7100 | $2.8400 | +4.8% |
| 2019 | $2.5300 | $2.7100 | +7.1% |
| 2018 | $2.3900 | $2.5300 | +5.9% |
| 2017 | $2.2700 | $2.3900 | +5.3% |
| 2016 | $2.1500 | $2.2700 | +5.6% |
| 2015 | $2.0300 | $2.1500 | +5.9% |
| 2014 | $1.9500 | $2.0300 | +4.1% |
| 2013 | $1.8800 | $1.9500 | +3.7% |
| 2012 | $1.8500 | $1.8800 | +1.6% |
| 2011 | $1.7100 | $1.8500 | +8.2% |
| 2010 | $1.6400 | $1.7100 | +4.3% |
| 2009 | $1.6400 | $1.6400 | 0.0% |
| 2008 | $1.5800 | $1.6400 | +3.8% |
| 2007 | $1.5000 | $1.5800 | +5.3% |
| 2006 | $1.4200 | $1.5000 | +5.6% |
| 2005 | $1.4000 | $1.4200 | +1.4% |
| 2004 | $1.6500 | $1.4000 | -15.2% |
| 2003 | $2.4000 | $1.6500 | -31.3% |
| 2002 | $2.4000 | $2.4000 | 0.0% |
| 2001 | $2.4000 | $2.4000 | 0.0% |
| 2000 | $2.4000 | $2.4000 | 0.0% |
| 1999 | $2.4000 | $2.4000 | 0.0% |
| 1998 | $2.4000 | $2.4000 | 0.0% |
| 1997 | $2.4000 | $2.4000 | 0.0% |
| 1996 | $2.4000 | $2.4000 | 0.0% |
| 1995 | $2.4000 | $2.4000 | 0.0% |
| 1994 | $2.4000 | $2.4000 | 0.0% |
| 1993 | $2.4000 | $2.4000 | 0.0% |
| 1992 | $2.4000 | $2.4000 | 0.0% |
| 1991 | $2.4000 | $2.4000 | 0.0% |
| 1990 | $2.3600 | $2.4000 | +1.7% |
| 1989 | $2.3140 | $2.3600 | +2.0% |
| 1988 | $2.3400 | $2.3140 | -1.1% |
| 1987 | $2.2600 | $2.3400 | +3.5% |
| 1986 | $2.2600 | $2.2600 | 0.0% |
| 1985 | $2.2600 | $2.2600 | 0.0% |
| 1984 | $2.2600 | $2.2600 | 0.0% |
| 1983 | $2.2600 | $2.2600 | 0.0% |
| 1982 | $2.2600 | $2.2600 | 0.0% |
| 1981 | $1.6650 | $2.2600 | +35.7% |
| 1980 | $2.1900 | $1.6650 | -24.0% |
| 1979 | $2.1350 | $2.1900 | +2.6% |
| 1978 | $2.0750 | $2.1350 | +2.9% |
| 1977 | $2.0150 | $2.0750 | +3.0% |
| 1976 | $2.0000 | $2.0150 | +0.8% |
| 1975 | $1.4750 | $2.0000 | +35.6% |
| 1974 | $1.8500 | $1.4750 | -20.3% |
| 1973 | $1.7650 | $1.8500 | +4.8% |
| 1972 | $1.7000 | $1.7650 | +3.8% |
| 1971 | $1.6550 | $1.7000 | +2.7% |
| 1970 | — | $1.6550 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does American Electric Power Company pay dividends?
- Yes, American Electric Power Company (AEP) pays quarterly dividends of approximately $3.76 per share annually, yielding 2.83%.
What is American Electric Power Company's dividend yield?
- American Electric Power Company (AEP) has a current dividend yield of 2.83%.
Is American Electric Power Company's dividend safe?
- American Electric Power Company (AEP) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has American Electric Power Company increased its dividend?
- American Electric Power Company (AEP) has 17 consecutive years of dividend increases.
What is American Electric Power Company's dividend payout ratio?
- American Electric Power Company (AEP) has a dividend payout ratio of 56.1%.