About American Electric Power Company, Inc. (AEPPZ) — Dividend Analysis 2026
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. American Electric Power Company, Inc. was incorporated in 1906 and is headquartered in Columbus, Ohio.
Is AEPPZ a good dividend investment in 2026?
AEPPZ offers a 6.50% forward yield with a 50% payout ratio. Strand Safety Score: 100/100 (Very Safe). The 5-year dividend CAGR of 34.6% demonstrates strong, consistent growth that outpaces inflation.
AEPPZ DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your AEPPZ portfolio grows to $473.3K vs $327.9K without reinvestment. This is the compound interest effect in action.
AEPPZ dividend growth history & forecast
AEPPZ has grown its dividend by 0% over the last year and 34.6% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 6.50%.
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 AEPPZ Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold AEPPZ.
Gross yield
6.50%
Tax rate
15.00%
After-tax yield
5.52%
Real yield (−CPI)
2.72%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
6.50%
3.70%
$650 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.52%
2.72%
$552 / yr
🇺🇸 US Taxable (20%)
20%
5.20%
2.40%
$520 / yr
🇬🇧 UK ISA
0%
6.50%
3.70%
$650 / yr
🇬🇧 UK Taxable
8.75%
5.93%
3.13%
$593 / yr
🇨🇦 TFSA
0%
6.50%
3.70%
$650 / yr
🇨🇦 CA Taxable
25%
4.88%
2.08%
$488 / yr
🇦🇺 Super (pension)
15%
5.52%
2.72%
$552 / yr
🇦🇺 AU Taxable
30%
4.55%
1.75%
$455 / yr
🇩🇪 DE Taxable
26.375%
4.79%
1.99%
$479 / yr
🇫🇷 FR Taxable
30%
4.55%
1.75%
$455 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 AEPPZ Income Goal & Break-Even
Dividend Break-Even
7yr
Years for dividends to fully repay your AEPPZ investment of $47.12/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$54.5K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$52.0K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in AEPPZ for:
Shares needed
9,216
Capital required
$434,258
Monthly income
$2,000
Based on current dividend of $3.06/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 AEPPZ Dividend Payment Schedule
AEPPZ pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$6.51 / payment
$26.04 / year after tax
100 shares
$65.11 / payment
$260.44 / year after tax
1,000 shares
$651.10 / payment
$2604.40 / year after tax
📊 AEPPZ vs Utilities Benchmarks
How AEPPZ compares to typical Utilities averages.
Benchmark: Utilities
Dividend Yield▲+2.70% vs sectorBetter
AEPPZ
6.50%
avg
3.80%
5Y Dividend CAGR▲+29.50% vs sectorBetter
AEPPZ
34.60%
avg
5.10%
Payout Ratio▲-18.00% vs sectorBetter
AEPPZ
50.00%
avg
68.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for AEPPZ sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ AEPPZ Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Ulrich Phillip R.
officer: Executive Vice President
A-Award
2026-03-10
110
$132.31
$14.6K
Ulrich Phillip R.
officer: Executive Vice President
F-InKind
2026-03-10
50
$132.31
$6.6K
Knapp Alicia R
officer: President Nuclear Development
A-Award
2026-03-10
9
$132.31
$1.2K
Knapp Alicia R
officer: President Nuclear Development
F-InKind
2026-03-10
3
$132.31
$397.00
Berntsen Robert
officer: Executive Vice President
A-Award
2026-03-10
9
$132.31
$1.2K
Berntsen Robert
officer: Executive Vice President
F-InKind
2026-03-10
4
$132.31
$529.00
Eckert Johannes G
officer: Executive Vice President
A-Award
2026-03-10
4
$132.31
$529.00
Eckert Johannes G
officer: Executive Vice President
F-InKind
2026-03-10
2
$132.31
$265.00
Cannon Douglas A
officer: President AEP Transmission
A-Award
2026-03-10
11
$132.31
$1.5K
Cannon Douglas A
officer: President AEP Transmission
F-InKind
2026-03-10
5
$132.31
$662.00
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
🟡
Net Insider Sentiment: Neutral0 buys · 0 sells · last 90 days
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the AEPPZ dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →