American Electric Power Company, Inc.

AEP
Utilities
$120.94
3.14%Overvalued

American Electric Power Company, Inc. (AEP) is a Utilities company that currently yields 3.14% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $79.91 and the overvaluation threshold at $112.91. American Electric Power Company, Inc. holds a quality score of 47/100 (Average), reflecting 14 consecutive years of dividend growth with a 66% payout ratio. The 5-year dividend CAGR stands at 5.7%.

AEP Dividend Yield History — Weiss Valuation

Underval. $79.91Overval. $112.91

Distance to undervalued

Entry price is stretched

Needs 33.9% downside to reach the Weiss buy zone

Undervaluation starts near $79.91, where the annual dividend would imply roughly 4.76% yield. That is 1.61% above today's yield.

Buy-zone price

$79.91

Target yield

4.76%

Research checklist

What to clear before buying the yield

Updated Aug 23, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

66%

Earnings coverage leaves room for noise.

Cash payout

N/A

Confirm cash conversion and one-off effects.

Dividend growth

5.7%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-222026-08-23

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

American Electric Power Company, Inc. is trading near its historical overvaluation band.

Current yield 3.1% vs historical max 7.0% (45% of maximum).

14 consecutive years without a dividend cut.

Reasonable payout ratio of 66%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 47/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

AEP Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$332

Year 10 Income

$791

Yield on Cost

8.34%

Total Income

$5,256

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

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Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

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Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

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AEP Dividend Quality Score

Quality Score

47/ 100

Average

Payout Ratio12/25
Dividend Streak20/25
Growth (CAGR 5Y)15/20
Yield vs History0/15
FCF Coverage0/15

Key Metrics

Current Price$120.94
Annual Dividend$3.80
Current Yield3.14%
Yield — Max (10Y)6.99%
Yield — Min (10Y)3.55%
Undervalued Below$79.91
Overvalued Above$112.91
Payout Ratio65.51%
CAGR Dividend 5Y5.7%
CAGR Dividend 10Y5.7%
Years No Cut14y

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14
consecutive years of dividend growth