American Electric Power Company Dividend
Dividend criteria checks 4/6
American Electric Power Company is a dividend paying company with a current yield of 3.46% that is well covered by earnings.
Key information
3.5%
Dividend yield
69%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$3.520 |
| Earnings per share | Mex$4.95 |
| Dividend yield forecast | 4.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AEP *'s dividends per share have been stable in the past 10 years.
Growing Dividend: AEP *'s dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| American Electric Power Company Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AEP *) | 3.5% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Electric Utilities) | 5.8% |
| Analyst forecast (AEP *) (up to 3 years) | 4.0% |
Notable Dividend: AEP *'s dividend (3.46%) is higher than the bottom 25% of dividend payers in the MX market (2.22%).
High Dividend: AEP *'s dividend (3.46%) is low compared to the top 25% of dividend payers in the MX market (7.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.2%), AEP *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: AEP * is paying a dividend but the company has no free cash flows.