American Electric Power Company, Inc. (
) will begin trading ex-dividend on November 06, 2013. A cash
dividend payment of $0.5 per share is scheduled to be paid on
December 10, 2013. Shareholders who purchased AEP stock prior to
the ex-dividend date are eligible for the cash dividend payment.
This represents an 2.04% increase over the prior quarter. At the
current stock price of $47.19, the dividend yield is 4.24%.
The previous trading day's last sale of AEP was $47.19,
representing a -8.54% decrease from the 52 week high of $51.60 and
a 16.35% increase over the 52 week low of $40.56.
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 $2.38. Zacks Investment Research reports AEP's
forecasted earnings growth in 2013 as 3.21%, compared to an
industry average of .1%.
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 (
- Guggenheim S&P 500 Equal Weight Utilities ETF (
- QuantShares U.S. Market Neutral Value Fund ETF (
The top-performing ETF of this group is VPU with an increase of
3.43% over the last 100 days. XLU has the highest percent weighting
of AEP at 4.68%.