American Electric Power Company, Inc. (Symbol: AEP) has been
named as a Top 10 dividend paying utility stock, according to
, which published its weekly
report. The report noted that among utilities, AEP shares displayed
both attractive valuation metrics and strong profitability metrics.
For example, the recent AEP share price of $51.67 represents a
price-to-book ratio of 1.6 and an annual dividend yield of 3.87% -
by comparison, the average utility stock in Dividend Channel's
coverage universe yields 3.8% and trades at a price-to-book ratio
of 2.0. The report also cited the strong quarterly dividend history
at American Electric Power Company, Inc., and favorable long-term
multi-year growth rates in key fundamental data points.
The report stated, ''
Dividend investors approaching investing from a value
standpoint are generally most interested in researching the
strongest most profitable companies, that also happen to be trading
at an attractive valuation. That's what we aim to find using our
proprietary DividendRank formula, which ranks the coverage universe
based upon our various criteria for both profitability and
valuation, to generate a list of the top most 'interesting' stocks,
meant for investors as a source of ideas that merit further
The annualized dividend paid by American Electric Power Company,
Inc. is $2/share, currently paid in quarterly installments, and its
most recent dividend ex-date was on 05/07/2014. Below is a
long-term dividend history chart for AEP, which Dividend Channel
stressed as being of key importance. Indeed, studying a company's
can be of good help in judging whether the most recent dividend is
likely to continue.
The Top 10 DividendRank'ed Utility Stocks »