Reported 23 days ago
American Electric Power (AEP) is projected to pay about $1.9 billion in dividends to shareholders in 2024, with payouts of $0.88 per share in the first two quarters and expectations for $1.82 per share in the latter half of the year. AEP has consistently increased its dividend payments over the years, showing a compound annual growth rate of 5.3% from 2010 to 2023. This makes AEP an attractive option for investors seeking steady passive income in the utility sector.
Source: YAHOO