American Electric Power Company, Inc. · AEP · NASDAQ
Dividend report · updated Nov 10, 2026
$127.29 -0.81% on the day, -$1.04
AEP stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is AEP’s dividend Very Safe or High Risk? 13 checks scored. Payout ratio, raise streak, recession record and 10 more. Show the rating
Yearly payout / yield
$3.80·2.99%
$0.95 quarterly x 4 ⓘ
Next payment
~$0.95/qtr
pays ~Nov 13 (est.) ⓘ
Next ex-date
Nov 10est.
ex today ⓘ
Years without a cut
22 yrs
16 yrs of raises ⓘ
Recession record
2000cut2008raised2020raised2022raised
cut in 2003
Yield vs history ⓘ
31
Below its usual yield
AEP share price & total return
Daily closing price, adjusted for stock splits.
AEP stock page »All dividend lists »Build a portfolio around AEP »
DSRSimilar stocksHistoryPayoutsFAQ
Last 20 payments
AEP Dividend Growth (CAGR)
1Y +2.2%3Y +4.6%5Y +5.1%10Y +5.4%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). The enlarge button shows all 224 payments since 1970.
Annual dividends and growth
Total paid per share in each calendar year. 2026: the solid bar is paid so far; the dashed box on top is expected (1 estimated from the current $0.95 rate, stepping up $0.02 with its usual November raise), not a promise.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: +5.68% a year, its typical raise over the last 5 years. From 2029 it slows by a quarter each year, to no less than 5%. Today's $3.80 a year would be $4.91 by 2031 - 3.86% on today's $127.29 price.

How Many AEP Shares for $500 or $1,000 a Month?

At $3.80 a share a year, $500 a month takes about 1,579 AEP shares, about $200,991 at the Nov 10, 2026 close of $127.29. $1,000 a month takes about 3,158 shares, about $401,982. Before taxes, and only while the rate holds.

American Electric Power Company (AEP) pays $0.95 a share quarterly, $3.80 a year, a 2.99% run-rate yield at the Nov 10, 2026 close of $127.29. It has paid since 1970 and raised its annual dividend 16 years in a row.

At today’s rate of $0.95 quarterly and the last close of $127.29, this is what AEP pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.95$0.32$3.80
100 shares$95.00$31.67$380.00
$10,000 invested (78.6 shares)$74.63$24.88$298.53
1,579 shares ($500/mo)$1,500.05$500.02$6,000.20
3,158 shares ($1,000/mo)$3,000.10$1,000.03$12,000.40

With DRIP on, every payment buys more shares instead of landing as cash. 100 AEP shares reinvest into 0.75 new shares each payment, about 3.0 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 134 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with AEP’s own history in the AEP DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See AEP’s rating and its 13 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (cash flow): does cash from the business cover the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history
  • Crash record: what the dividend did in the 2008 crash history

AEP Dividend Yield Today vs Its 5-Year Range

31/100Below its usual yieldvs its 10-yr history
  • AEP yields 2.99% today, at the Nov 10, 2026 close of $127.29.
  • Its own 10-year median is 3.45%, so today’s yield is below its usual level.
Last 5 years: lowest to highest month-end yield
2.77% low4.51% high
Blue mark = today, grey = its 10-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 10 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is AEP’s Next Dividend? Ex-Date and Pay Date After August 2026

AEP has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Nov 10, 2026, with the cash around Nov 13, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.95 a share, went ex on Aug 10, 2026 and paid Aug 12, 2026.

  • Ex-dates: about every 92 days (quarterly)
  • Payment: usually about 3 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does AEP Pay?

AEP pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 92 days, and the cash usually lands about 3 days later.

Paid in the last 12 months
$3.80 a share, in 4 payments.
+2.2% against the 12 months before ($3.72 in 4 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Feb, May, Aug and Nov. Ex-dates fall in Feb, May, Aug and Nov (latest 4 payments).
Raise history
  • Streak: 16 years of higher annual totals (through 2025)
  • Last raise: Nov 10, 2025 - $0.93 to $0.95 (+$0.02, +2.15%)
  • Usual $ step: $0.05 (median of the raises before it)
Coverage
  • EPS payout: 62.0% - $3.80 paid / $6.13 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 70.0% (median of 12 earlier trailing years)
  • FCF payout: 57.5% - $3.80 paid / $6.61 free cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 80.7% (median of 12 earlier trailing years)

AEP vs Similar Dividend Stocks (D, NGG...)

Against the 10 dividend-paying Utilities companies closest to AEP in market value, AEP’s 2.99% run-rate yield is below the group’s middle yield of 3.51%, and its raise streak of 16 years is the 3rd longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating Recessions ⓘ No cut ⓘ
AEP $127.29American Electric Power Company $0.95/qtr$3.80/yr fwd 2.99% Dividend Safety Rating: paid plans only Cut in 20032000 cut2008 raised2020 raised2022 raised 22 yrsraised 16 yrs in a row
D $68.24Dominion Energy $0.668/qtr$2.67/yr fwd 3.92% Dividend Safety Rating: paid plans only Cut in 20202000 held2008 raised2020 cut2022 raised 5 yrsraised 1 yr in a row
NGG $84.26National Grid $2.174/half-yr$4.35/yr fwd 5.16% Dividend Safety Rating: paid plans only Varied, no cut2008 varied2020 varied2022 variedno 2000 record 9 yrsno raise streak
ETR $111.79Entergy $0.64/qtr$2.56/yr fwd 2.29% Dividend Safety Rating: paid plans only Raised in all 42000 raised2008 raised2020 raised2022 raised 27 yrsraised 11 yrs in a row
EMP $18.45Entergy Mississippi, Inc. 1M BD 66 $0.306/qtr$1.22/yr fwd 6.63% Dividend Safety Rating: paid plans only — 2+ yrsno raise streak
ELC $18.36Entergy Louisiana, LLC COLLATERAL TR MT $0.305/qtr$1.22/yr fwd 6.64% Dividend Safety Rating: paid plans only Varied, no cut2020 held2022 variedno 2000/2008 record 8 yrsraised 2 yrs in a row
SRE $78.80Sempra $0.658/qtr$2.63/yr fwd 3.34% Dividend Safety Rating: paid plans only No cut in all 42000 held2008 raised2020 raised2022 raised 2 yrsraised 2 yrs in a row
XEL $80.18Xcel Energy $0.5925/qtr$2.37/yr fwd 2.96% Dividend Safety Rating: paid plans only Cut in 20022000 cut2008 raised2020 raised2022 raised 23 yrsraised 22 yrs in a row
EXC $45.64Exelon $0.42/qtr$1.68/yr fwd 3.68% Dividend Safety Rating: paid plans only No cut in all 42000 raised2008 raised2020 held2022 raised 13 yrsraised 4 yrs in a row
VST $133.92Vistra $0.23/qtr$0.92/yr fwd 0.69% Dividend Safety Rating: paid plans only Raised in both2020 raised2022 raisedno 2000/2008 record 7 yrsraised 6+ yrs in a row
ED $118.41Consolidated Edison $0.888/qtr$3.55/yr fwd 3.00% Dividend Safety Rating: paid plans only Raised in all 42000 raised2008 raised2020 raised2022 raised 51 yrsraised 44 yrs in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: AEP vs D, AEP vs NGG, AEP vs ETR.

AEP Dividend History: Every Payment Since 1970

Ex-datePay dateAmountFrequencyType
Aug 10, 2026Aug 12, 2026$0.95QuarterlyRegular
May 8, 2026May 11, 2026$0.95QuarterlyRegular
Feb 10, 2026Feb 12, 2026$0.95QuarterlyRegular
Nov 10, 2025Nov 12, 2025$0.95QuarterlyRegular
Aug 8, 2025Aug 11, 2025$0.93QuarterlyRegular
May 9, 2025May 12, 2025$0.93QuarterlyRegular
Feb 10, 2025Feb 12, 2025$0.93QuarterlyRegular
Nov 8, 2024Nov 11, 2024$0.93QuarterlyRegular
Aug 9, 2024Aug 12, 2024$0.88QuarterlyRegular
May 9, 2024May 13, 2024$0.88QuarterlyRegular
The other 214 AEP payments come with a paid plan.
Show all 224 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for AEP

UnlockDividend Safety Rating: paid plans only
See where AEP lands, and why.
See the rating & factors »
Own AEP? Your payouts fill in by themselves Add AEP once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track AEP →

AEP Dividend Questions

How often does AEP pay dividends?

AEP pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 92 days, and the cash usually lands about 3 days later.

Does AEP pay dividends monthly?

No. AEP pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next AEP dividend?

AEP has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Nov 10, 2026, with the cash around Nov 13, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.95 a share, went ex on Aug 10, 2026 and paid Aug 12, 2026. The current rate is $0.95 per share, $3.80 a year.

Does AEP pay a dividend in November 2026?

Not declared yet. By its usual rhythm the next ex-date falls around Nov 10, 2026, with the cash around Nov 13, 2026, so a payment in November 2026 is likely. Only the company’s declaration makes it final.

How much does AEP pay per share?

AEP pays $0.95 a share quarterly, $3.80 a year. At the Nov 10, 2026 close of $127.29 that is a 2.99% run-rate yield, below its usual level: its own 10-year median is 3.45%.

Has AEP raised its dividend?

Yes. AEP has raised its annual dividend 16 years in a row, through 2025. The latest raise, on Nov 10, 2025, took the rate from $0.93 to $0.95 (+2.15%). Over five years the dividend grew 5.1% a year.

Is AEP’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. AEP paid out 62% of its earnings and 57% of its free cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 16 years in a row and gone 22 years without a cut. Through the market crashes: it raised the dividend through the 2008, 2020 and 2022 crashes; it cut it in the 2000 (in 2003) crash. This is data, not investment advice. The full 13-check rating comes with a plan.

How do I track my AEP dividends?

Add AEP to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run AEP in the DRIP calculator.

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How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 10, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 13 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.