American Electric (AEP) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $3.80
- Forward yield
- 3.06%
- Payout ratio
- 63.4%
- Growth streak
- 4 years
American Electric Power pays a quarterly dividend of $0.95 per share. Its most recent payment had an ex-date of August 10, 2026 and was paid on September 10, 2026. Over the trailing twelve months, it paid $3.80 per share, a yield of about 3.18% at a share price of $119.57.
The record shows a steady annual rhythm. American Electric Power has raised its dividend once a year, each time with the payment that goes ex-dividend in November and is paid in December. The rate went from $0.78 to $0.83 in late 2022, then to $0.88 in 2023 and $0.93 in 2024. Those three raises were five cents each, or about 5.7% to 6.4%. The latest raise, in November 2025, was smaller at two cents, taking the rate to $0.95, an increase of about 2.2%. Since late 2021, the quarterly rate has grown about 22%. Payments by calendar year rose from $3.17 in 2022 to $3.74 in 2025. The company has increased its dividend for four consecutive years.
If the pattern holds, the next payment would go ex-dividend in early to mid November 2026 and be paid around December 10. That is the payment where past raises have appeared.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 20, 2026 | Aug 10, 2026 | Sep 10, 2026 | $0.95 |
| Apr 28, 2026 | May 8, 2026 | Jun 10, 2026 | $0.95 |
| Jan 20, 2026 | Feb 10, 2026 | Mar 10, 2026 | $0.95 |
| Oct 22, 2025 | Nov 10, 2025 | Dec 10, 2025 | $0.95 |
| Jul 22, 2025 | Aug 8, 2025 | Sep 10, 2025 | $0.93 |
| Apr 29, 2025 | May 9, 2025 | Jun 10, 2025 | $0.93 |
| Jan 21, 2025 | Feb 10, 2025 | Mar 10, 2025 | $0.93 |
| Oct 22, 2024 | Nov 8, 2024 | Dec 10, 2024 | $0.93 |
| Jul 24, 2024 | Aug 9, 2024 | Sep 10, 2024 | $0.88 |
| Apr 23, 2024 | May 9, 2024 | Jun 10, 2024 | $0.88 |
| Jan 19, 2024 | Feb 8, 2024 | Mar 8, 2024 | $0.88 |
| Oct 24, 2023 | Nov 9, 2023 | Dec 8, 2023 | $0.88 |
| Jul 18, 2023 | Aug 9, 2023 | Sep 8, 2023 | $0.83 |
| Apr 25, 2023 | May 9, 2023 | Jun 9, 2023 | $0.83 |
| Jan 24, 2023 | Feb 9, 2023 | Mar 10, 2023 | $0.83 |
| Oct 25, 2022 | Nov 9, 2022 | Dec 9, 2022 | $0.83 |
| Jul 19, 2022 | Aug 9, 2022 | Sep 9, 2022 | $0.78 |
| Apr 26, 2022 | May 9, 2022 | Jun 10, 2022 | $0.78 |
| Jan 18, 2022 | Feb 9, 2022 | Mar 10, 2022 | $0.78 |
| Oct 19, 2021 | Nov 9, 2021 | Dec 10, 2021 | $0.78 |
Frequently asked questions
Does American Electric (AEP) pay a dividend?
Yes. American Electric pays a quarterly dividend; the most recent payment was $0.95 per share.
What is AEP's dividend yield?
American Electric paid $3.80 per share over the trailing twelve months, a yield of 3.06% at the last price of $124.23. Click here to learn more
When is AEP's most recent ex-dividend date?
American Electric's most recent ex-dividend date is Aug 10, 2026, payable on Sep 10, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has AEP been raising its dividend?
Yes — American Electric has increased its dividend for 4 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.