American Electric Power Named Top 10 Dividend Paying Utility Stock

Monday, Aug 11, 2025 9:26 am ET1min read

American Electric Power Co Inc (AEP) has been named a Top 10 dividend paying utility stock by Dividend Channel. AEP's strong quarterly dividend history and favorable long-term growth rates make it an attractive stock for investors. The annualized dividend is $3.72/share, paid in quarterly installments, with the most recent ex-date on 08/08/2025.

American Electric Power Co Inc (AEP) has been named a Top 10 dividend-paying utility stock by Dividend Channel. This recognition is based on AEP's strong quarterly dividend history and favorable long-term growth rates, making it an attractive stock for investors. The annualized dividend is $3.72 per share, paid in quarterly installments, with the most recent ex-date on August 8, 2025 [3].

AEP's consistent dividend strategy has been a key factor in its appeal to investors. The company's dividend of $0.93 per share, payable on September 10, 2025, with an ex-dividend date of August 8, 2025, matches its June 2025 payout [1]. This dividend exceeds the 10-year average of $0.827 per share, reflecting improved shareholder returns.

Analysts have raised AEP's stock target to $120, and Baker Avenue Asset Management LP recently invested $247,000 in 2,257 shares, signaling market confidence in the company's performance [1]. Additionally, AEP's subsidiary, Indiana Michigan Power, has partnered with Google for capacity support, highlighting strategic initiatives aimed at bolstering operational efficiency [1].

While AEP's financial performance remains robust, it is essential to consider the broader market conditions and potential risks. For instance, Evergy (NASDAQ:EVRG) reported a 17% decrease in net income for the second quarter of 2025, despite revenue exceeding analyst estimates by 8.4% [2]. This highlights the importance of evaluating individual company performance within the context of industry trends.

In conclusion, American Electric Power Co Inc (AEP) continues to demonstrate strong financial performance and strategic growth initiatives, making it an attractive option for dividend-focused investors. However, as with any investment, it is crucial to conduct thorough research and consider potential risks.

References:
[1] https://www.ainvest.com/news/dividend-information-american-electric-dividend-date-aug-8-2025-2508/
[2] https://finance.yahoo.com/news/evergy-second-quarter-2025-earnings-132112120.html
[3] https://www.nasdaq.com/articles/ottr-added-top-10-utility-dividend-stock-267-yield

American Electric Power Named Top 10 Dividend Paying Utility Stock

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