American Electric Power Company, Inc. (AEP) has announced a dividend of $0.930 per share, with the ex-dividend date set for Aug 8, 2025, and the dividend payment scheduled for Sept 10, 2025. This marks a continuation of the company's dividend strategy, as the previous dividend on Jun 10, 2025, was also $0.930 per share. This current dividend surpasses the average of the last ten dividends, which stands at $0.827 per share, indicating a positive trend in shareholder returns. The dividend type is a cash dividend.
Over the past week, American Electric Power has been at the forefront of several significant developments. AEP's stock price target was raised to $120 from $114 by analysts on Aug 4, 2025, reflecting positive future expectations. Recently, Baker Avenue Asset Management LP acquired a new position in AEP, purchasing 2,257 shares valued at approximately $247,000, showcasing confidence in the company's market performance. Furthermore, as of late, American Electric Power's subsidiary, Indiana Michigan Power, has filed a joint contract with Google to support its capacity needs, highlighting strategic partnerships aimed at bolstering operational efficiency.
In conclusion, American Electric Power Company, Inc. (AEP) continues to demonstrate robust financial performance and strategic growth initiatives. The ex-dividend date of Aug 8, 2025, is the last day for investors to purchase shares to be eligible for this dividend payment. Any acquisitions made after this date will not qualify for the dividend payout.
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