American Electric Power Company, Inc. (AEP) Ex-Dividend Date Scheduled for November 08, 2018
American Electric Power Company, Inc. ( AEP ) will begin trading ex-dividend on November 08, 2018. A cash dividend payment of $0.67 per share is scheduled to be paid on December 10, 2018. Shareholders who purchased AEP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 8.06% increase over prior dividend payment. At the current stock price of $74.45, the dividend yield is 3.6%.
The previous trading day's last sale of AEP was $74.45, representing a -4.64% decrease from the 52 week high of $78.07 and a 18.73% increase over the 52 week low of $62.71.
AEP is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Southern Company ( SO ). AEP's current earnings per share, an indicator of a company's profitability, is $3.97. Zacks Investment Research reports AEP's forecasted earnings growth in 2018 as 7.22%, compared to an industry average of 4.4%.
Interested in gaining exposure to AEP through an Exchange Traded Fund [ETF]?
The following ETF(s) have AEP as a top-10 holding:
- SPDR Select Sector Fund - Utilities ( XLU )
- iShares U.S. Utilities ETF ( IDU )
- Fidelity MSCI Utilities Index ETF ( FUTY )
- John Hancock Multifactor Utilities ETF ( JHMU )
- First Trust North American Energy Infrastructure Fund ( EMLP ).
The top-performing ETF of this group is JHMU with an increase of 10.3% over the last 100 days. XLU has the highest percent weighting of AEP at 5.08%.