American Electric Power As of November 25, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
AEP $3.32 6.4% 5.4% 5.7%
Business yield Hike yrs 5 yr CAGR freq. paid since
Electric Utility 3.5% 13 6.0% Quarter 1910
American Electric Power hikes dividend by 6.4%

On October 25, 2022, American Electric Power Company (AEP) announced that it will increase its quarterly dividend by 6.4 percent to 83 cents per share in 2022. This marks the 13th consecutive year of annual dividend increases by the utility holding company. Last year AEP announced a dividend hike of 5.7%.

The next AEP dividend is payable December 9, 2022, to shareholders of record as of November 10, 2022. A new annual rate of $3.32 per share yields 3.8% at a stock price of $88.

American Electric Power Company, Inc. (AEP) is an electric utility company. AEP's family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP also owns AEP Energy, AEP Energy Partners, AEP OnSite Partners, and AEP Renewables, which provide innovative competitive energy solutions nationwide. AEP has paid a cash dividend on its common stock every quarter since July 1910.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Dec 05 ROST 1.1% 8.8%
Dec 05 CI 1.2% 0.0%
Dec 06 AVY 1.4% 0.0%
Dec 06 ODFL 0.4% 50.0%
Dec 06 BLK 2.6% 18.2%
Dec 06 AEE 2.7% 7.3%
Dec 06 AME 0.6% 10.0%
Dec 06 SLB 1.4% 40.0%
Dec 07 HAL 1.3% 166.7%
Dec 07 NEM 4.8% 0.0%