American Electric Power Company, Inc. (AEP) Ex-Dividend Date Scheduled for August 07, 2013

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American Electric Power Company, Inc. ( AEP ) 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 4.23%.

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 ( SO ) and NextEra Energy, Inc. ( NEE ). 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 AEP Dividend History page.

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 )
  • Vanguard Utilities ETF ( VPU )
  • iShares Dow Jones U.S. Utilities Index Fund ( IDU )
  • PowerShares Dynamic Utilities ( PUI )
  • PowerShares S&P 500 Low Volatility Portfolio ETF ( SPLV ).

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%.



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



This article appears in: News Headlines , Stocks


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