Does AEP pay a dividend?

Yes. American Electric Power Company, Inc. pays a quarterly dividend, currently yielding 3.21% based on trailing twelve-month payments of $3.80 per share.

How much does AEP pay in dividends?

$3.80 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next AEP ex-dividend date?

No upcoming ex-dividend date is currently on record for AEP. Dates appear here once the company declares them.

AEP Dividend

American Electric Power Company, Inc.

NASDAQUtilitiesStockData as of August 12, 2026

Dividend yield: 3.21%
Annual dividend: $3.80
Payout ratio: 0.65
Frequency: Quarterly
Share price: $118.35
Market cap: $64.4B

Is AEP a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median3.21% against a median of 2.92% across US dividend payers.
Dividend uses most of earningsA payout ratio of 0.65 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
Dividend has been cut 3 timesAcross 56 complete years, the annual total fell in 1974, 1980, 2003. The most recent reduction was in 2003.
Raised for 16 consecutive yearsA long record of increases suggests both the cash generation to fund them and a management commitment to maintaining them. This figure is derived from payment history and is approximate.

AEP dividend history

Annual dividend per share, 1970 to 2025.

Peak $3.72 in 2025Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for AEP, most recent first.
Ex-dividend date	Pay date	Amount	Type
August 10, 2026	September 10, 2026	$0.9500	Quarterly
May 8, 2026	June 10, 2026	$0.9500	Quarterly
February 10, 2026	March 10, 2026	$0.9500	Quarterly
November 10, 2025	December 10, 2025	$0.9500	Quarterly
August 8, 2025	September 10, 2025	$0.9300	Quarterly
May 9, 2025	June 10, 2025	$0.9300	Quarterly
February 10, 2025	March 10, 2025	$0.9300	Quarterly
November 8, 2024	December 10, 2024	$0.9300	Quarterly
August 9, 2024	September 10, 2024	$0.8800	Quarterly
May 9, 2024	June 10, 2024	$0.8800	Quarterly
February 8, 2024	March 8, 2024	$0.8800	Quarterly
November 9, 2023	December 8, 2023	$0.8800	Quarterly
August 9, 2023	September 8, 2023	$0.8300	Quarterly
May 9, 2023	June 9, 2023	$0.8300	Quarterly
February 9, 2023	March 10, 2023	$0.8300	Quarterly
November 9, 2022	December 9, 2022	$0.8300	Quarterly
August 9, 2022	September 9, 2022	$0.7800	Quarterly
May 9, 2022	June 10, 2022	$0.7800	Quarterly
February 9, 2022	March 10, 2022	$0.7800	Quarterly
November 9, 2021	December 10, 2021	$0.7800	Quarterly
August 9, 2021	September 10, 2021	$0.7400	Quarterly
May 7, 2021	June 10, 2021	$0.7400	Quarterly
February 9, 2021	March 10, 2021	$0.7400	Quarterly
November 9, 2020	December 10, 2020	$0.7400	Quarterly
August 7, 2020	September 10, 2020	$0.7000	Quarterly
May 7, 2020	June 10, 2020	$0.7000	Quarterly
February 7, 2020	March 10, 2020	$0.7000	Quarterly
November 7, 2019	December 10, 2019	$0.7000	Quarterly
August 8, 2019	September 10, 2019	$0.6700	Quarterly
May 9, 2019	June 10, 2019	$0.6700	Quarterly
February 7, 2019	March 8, 2019	$0.6700	Quarterly
November 8, 2018	December 10, 2018	$0.6700	Quarterly
August 9, 2018	September 10, 2018	$0.6200	Quarterly
May 9, 2018	June 8, 2018	$0.6200	Quarterly
February 8, 2018	March 9, 2018	$0.6200	Quarterly
November 9, 2017	December 8, 2017	$0.6200	Quarterly
August 8, 2017	September 8, 2017	$0.5900	Quarterly
May 8, 2017	June 9, 2017	$0.5900	Quarterly
February 8, 2017	March 10, 2017	$0.5900	Quarterly
November 8, 2016	December 9, 2016	$0.5900	Quarterly

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Frequently asked questions

Does AEP pay a dividend?: Yes. American Electric Power Company, Inc. pays a quarterly dividend, currently yielding 3.21% based on trailing twelve-month payments of $3.80 per share.
How much does AEP pay in dividends?: $3.80 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next AEP ex-dividend date?: No upcoming ex-dividend date is currently on record for AEP. Dates appear here once the company declares them.