American Electric Power Company, Inc. (
) will begin trading ex-dividend on May 07, 2014. A cash dividend
payment of $0.5 per share is scheduled to be paid on June 10, 2014.
Shareholders who purchased AEP stock prior to the ex-dividend date
are eligible for the cash dividend payment. This marks the 3rd
quarter that AEP has paid the same dividend. At the current stock
price of $53.36, the dividend yield is 3.75%.
The previous trading day's last sale of AEP was $53.36,
representing a -2.34% decrease from the 52 week high of $54.64 and
a 27.56% 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 $3.44. Zacks Investment Research reports AEP's
forecasted earnings growth in 2014 as 6.87%, compared to an
industry average of 1.7%.
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 (
The top-performing ETF of this group is XLU with an increase of
12.22% over the last 100 days. It also has the highest percent
weighting of AEP at 4.86%.