Aep Declares $0.95 Quarterly Dividend, Sets June 10 Payment

AEP declared a quarterly dividend of $0.95 per share on April 28, setting a May 8 record date and a June 10 payment date for shareholders. For holders of the stock, the move locks in the cash payout on a fixed timetable.

AEP dividend reaches $0.95

$0.95 per share was declared by American Electric Power Company, Inc. on April 28, extending a regular payout that now has a clear path to June 10. Shareholders must own the stock by the May 8 record date to receive it.

29,000 megawatts of generating capacity and a transmission network of 40,000 line miles give the payout more weight than a routine corporate notice. AEP also serves 5.6 million customers across 11 states, so the dividend lands alongside a utility footprint that spans a large share of the country.

May 8 record date matters

225,000 miles of distribution lines and the nation’s largest electric transmission system leave AEP operating at a scale that can support a steady quarterly return, even as the company guides to operating earnings of $6.15 to $6.45 per share for FY 2026. The payout sits inside a broader plan that also calls for long-term earnings growth of 7% to 9% from 2026 to 2030 and a CAGR of 9%.

56 GW by 2030 is the other number investors will likely keep on their screens, after AEP doubled its contracted load outlook on its last earnings call. That combination of a higher load target and a fixed $0.95 dividend gives shareholders a cleaner read on how management is balancing growth and cash returns.

June 10 payment date

2.77% annual dividend yield was cited for AEP at the time of the piece, a reminder that the stock’s income profile remains part of the investment case. The June 10 payout date is the practical end point for investors who want the cash, while the May 8 cutoff decides who gets it.