American Electric Power Company, Inc. (
) will begin trading ex-dividend on May 08, 2013. A cash dividend
payment of $0.49 per share is scheduled to be paid on June 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 prior quarter. At the current stock price
of $50.46, the dividend yield is 3.88%.
The previous trading day's last sale of AEP was $50.46,
representing a -2.2% decrease from the 52 week high of $51.60 and a
34.81% increase over the 52 week low of $37.43.
AEP is a part of the Public Utilities sector, which includes
companies such as Southern Company (
) and Dominion Resources, Inc. (
). AEP's current earnings per share, an indicator of a company's
profitability, is $2.55. Zacks Investment Research reports AEP's
forecasted earnings growth in 2013 as 2.18%, compared to an
industry average of 6.1%.
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 (
- First Trust Utilities AlphaDEX Fund (
- Guggenheim S&P 500 Equal Weight Utilities ETF (
The top-performing ETF of this group is VPU with an increase of
14.4% over the last 100 days. XLU has the highest percent weighting
of AEP at 4.81%.