American Electric Power Company, Inc. (AEP) Ex-Dividend Date Scheduled for May 07, 2014


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American Electric Power Company, Inc. ( AEP ) 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. ( NEE ) and Dominion Resources, Inc. ( D ). 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 AEP Dividend History page. Our Dividend Calendar 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 ( XLU )
  • iShares Dow Jones U.S. Utilities Index Fund ( IDU )
  • Vanguard Utilities ETF ( VPU ).

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%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
More Headlines for: AEP , NEE , D , XLU , IDU , VPU

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