American Electric Power Company, Inc. (
) will begin trading ex-dividend on August 06, 2014. A cash
dividend payment of $0.5 per share is scheduled to be paid on
September 10, 2014. Shareholders who purchased AEP stock prior to
the ex-dividend date are eligible for the cash dividend payment.
This marks the 4th quarter that AEP has paid the same dividend. At
the current stock price of $51.4, the dividend yield is 3.89%.
The previous trading day's last sale of AEP was $51.4,
representing a -8.12% decrease from the 52 week high of $55.94 and
a 22.88% increase over the 52 week low of $41.83.
AEP is a part of the Public Utilities sector, which includes
companies such as NextEra Energy, Inc. (
) and Dominion Resources, Inc. (
). AEP's current earnings per share, an indicator of a company's
profitability, is $3.55. Zacks Investment Research reports AEP's
forecasted earnings growth in 2014 as 7.91%, compared to an
industry average of .4%.
For more information on the declaration, record and payment
dates, visit the
has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AEP through an Exchange
Traded Fund [ETF]?
The following ETF(s) have AEP as a top-10 holding:
- Select Sector SPDR Fund - Utilities (
- iShares Dow Jones U.S. Utilities Index Fund (
- Vanguard Utilities ETF (
- First Trust Utilities AlphaDEX Fund (
- Guggenheim S&P 500 Equal Weight Utilities ETF (
The top-performing ETF of this group is RYU with an increase of
7.22% over the last 100 days. XLU has the highest percent weighting
of AEP at 4.99%.