American Electric Power stock sets December dividend date
Published on 11/05/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDividend Date Adds Near-Term Focus
- AEP set a quarterly dividend of 0.97 US dollars per share for payment on December 10.
- Third-quarter operating earnings reached 2.23 US dollars per share.
- Management targets 9% to 11% annual operating earnings growth from 2027 through 2031.
- The five-year capital plan totals 100 billion US dollars through 2031.
American Electric Power will pay a quarterly dividend of 0.97 US dollars per share on December 10 to shareholders of record on November 10. The board announced the dividend on October 20, while the company reinforced its growth outlook in its October 28 earnings release. The AEP announcement raises the quarterly payment by 0.02 US dollars per share from the previous 0.95 US dollars.
Growth outlook remains elevated
AEP reported third-quarter 2026 GAAP earnings of 2.18 US dollars per share and operating earnings of 2.23 US dollars per share, compared with 1.82 and 1.80 US dollars, respectively, a year earlier. Operating earnings are a non-GAAP measure that excludes items management considers unrelated to ongoing performance.
The utility expects 2026 operating earnings to reach at least the high end of its 6.25 to 6.55 US dollar guidance range. For 2027 and 2028, AEP issued operating earnings ranges of 6.75 to 7.05 US dollars and 7.40 to 7.70 US dollars per share.
Capital plan supports demand growth
AEP's expanded capital plan calls for 100 billion US dollars of investment through 2031. The company expects its rate base to rise from 87 billion US dollars in 2026 to 162 billion US dollars in 2031, supported by planned spending of 37 billion US dollars on transmission, 36 billion US dollars on generation and 22 billion US dollars on distribution.
Management also said 15 gigawatts of new load commitments were signed during the third quarter, taking expected incremental contracted load to 84 gigawatts by 2031. The larger program brings execution, regulatory and financing considerations alongside the potential for a higher regulated earnings base.
Share price and investor calendar
American Electric Power stock traded at 116.43 euros on Lang & Schwarz at 15:38 CET on Thursday, November 5, 2026, 1.00 percent above the Xetra close of Wednesday, November 4. The latest quote is 0.77 percent below the 117.33 euros recorded in the previous report on November 3. Investors can follow the real-time quote of American Electric Power stock for subsequent movements.
American Electric Power Company, Inc.
- ISIN: US0255371017
- Ticker: AEP
- Home exchange: Nasdaq
- Lang & Schwarz quote: 116.43 euros at 15:38 CET on November 5, 2026
- Daily move: 1.00 percent above the Xetra close of November 4, 2026
- Quarterly dividend: 0.97 US dollars per share, payable December 10, 2026
The broader S&P 500 market environment remains relevant for US-listed utilities and other rate-sensitive stocks.
More news and analyses on American Electric Power stock provide the next updates on earnings, investment execution and shareholder returns.
