American Electric Power Company, Inc. (
) will begin trading ex-dividend on August 07, 2013. A cash
dividend payment of $0.49 per share is scheduled to be paid on
September 10, 2013. Shareholders who purchased AEP stock prior to
the ex-dividend date are eligible for the cash dividend payment.
This represents an 4.26% increase over the same period a year ago.
At the current stock price of $46.39, the dividend yield is
The previous trading day's last sale of AEP was $46.39,
representing a -10.09% decrease from the 52 week high of $51.60 and
a 14.37% increase over the 52 week low of $40.56.
AEP is a part of the Public Utilities sector, which includes
companies such as Southern Company (
) and NextEra Energy, Inc. (
). AEP's current earnings per share, an indicator of a company's
profitability, is $2.49. Zacks Investment Research reports AEP's
forecasted earnings growth in 2013 as 1.55%, compared to an
industry average of 4%.
For more information on the declaration, record and payment
dates, visit the
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 (
- Vanguard Utilities ETF (
- iShares Dow Jones U.S. Utilities Index Fund (
- PowerShares Dynamic Utilities (
- PowerShares S&P 500 Low Volatility Portfolio ETF (
The top-performing ETF of this group is PUI with an increase of
10.47% over the last 100 days. XLU has the highest percent
weighting of AEP at 4.64%.