American Electric Power Company (AEP) Declares Quarterly Dividend of $0.95 per Share

American Electric Power Company, Inc. (NASDAQ:AEP) is included among the 10 Best Electrical Infrastructure Stocks to Buy According to Hedge Funds.

American Electric Power Company (AEP) Declares Quarterly Dividend of $0.95 per Share

American Electric Power Company, Inc. (NASDAQ:AEP) is one of the nation’s largest electricity producers with approximately 29,000 megawatts of diverse generating capacity. The company operates and maintains the nation’s largest electric transmission system with 40,000 line miles, along with more than 225,000 miles of distribution lines to deliver energy to 5.6 million customers in 11 states.

On April 28, American Electric Power Company, Inc. (NASDAQ:AEP) declared a quarterly dividend of $0.95 per share. The dividend is payable on June 10 to shareholders as of the May 8 record. As of the writing of this piece, AEP boasts an annual dividend yield of 2.77%, putting it among the 10 Best Large Cap Dividend Growth Stocks to Invest in.

American Electric Power Company, Inc. (NASDAQ:AEP) is targeting operating earnings in the range of $6.15 to $6.45 per share for FY 2026, indicating a YoY growth of 5.5% at the midpoint. Moreover, the company has guided a long-term earnings growth rate of 7% to 9% for 2026 to 2030, with an expected CAGR of 9%. In its last earnings call, the utility also doubled its contracted load outlook to 56 GW by 2030.

While we acknowledge the risk and potential of AEP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AEP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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