AEP Quarterly Dividend History

Subject to declaration by the board of directors, dividends are paid on AEP common stock on or about the 10th day of March, June, September and December to shareholders of record on 10th day of February, May, August and November.

Dividend Payment Schedule

RecordPayableAmountType
2/9/20183/9/2018$0.62Regular Cash
11/10/201712/8/2017$0.62Regular Cash
8/10/20179/8/2017$0.59Regular Cash
5/10/20176/9/2017$0.59Regular Cash
2/10/20173/10/2017$0.59Regular Cash
  • Quarterly Dividend History

    1st Qt. 2nd Qt. 3rd Qt. 4th Qt. Total
    2018 0.620 0.620
    2017 0.590 0.590 0.590 0.620 2.390
    2016 0.560 0.560 0.560 0.590 2.270
    2015 0.530 0.530 0.530 0.560 2.150
    2014 0.500 0.500 0.500 0.530 2.030
    2013 0.470 0.490 0.490 0.500 1.950
    2012 0.470 0.470 0.470 0.470 1.880
    2011 0.460 0.460 0.460 0.470 1.850
    2010 0.410 0.420 0.420 0.460 1.710
    2009 0.410 0.410 0.410 0.410 1.640
    2008 0.410 0.410 0.410 0.410 1.640
    2007 0.390 0.390 0.390 0.410 1.580
    2006 0.370 0.370 0.370 0.390 1.500
    2005 0.350 0.350 0.350 0.370 1.420
    2004 0.350 0.350 0.350 0.350 1.400
    2003 0.600 0.350 0.350 0.350 1.650
    2002 0.600 0.600 0.600 0.600 2.400
    2001 0.600 0.600 0.600 0.600 2.400
    2000 0.600 0.600 0.600 0.600 2.400
    1999 0.600 0.600 0.600 0.600 2.400
    1998 0.600 0.600 0.600 0.600 2.400
    1997 0.600 0.600 0.600 0.600 2.400
    1996 0.600 0.600 0.600 0.600 2.400
    1995 0.600 0.600 0.600 0.600 2.400
    1994 0.600 0.600 0.600 0.600 2.400
    1993 0.600 0.600 0.600 0.600 2.400
    1992 0.600 0.600 0.600 0.600 2.400
    1991 0.600 0.600 0.600 0.600 2.400
    1990 0.600 0.600 0.600 0.600 2.400
    1989 0.580 0.580 0.600 0.600 2.360
    1988 0.565 0.565 0.580 0.580 2.340
    1987 0.565 0.565 0.565 0.565 2.340
    1986 0.565 0.565 0.565 0.565 2.260
    1985 0.565 0.565 0.565 0.565 2.260
    1984 0.565 0.565 0.565 0.565 2.340
    1983 0.565 0.565 0.565 0.565 2.260
    1982 0.565 0.565 0.565 0.565 2.260
    1981 0.565 0.565 0.565 0.565 2.260
    1980 0.555 0.555 0.555 0.565 2.230
    1979 0.545 0.545 0.545 0.555 2.190
    1978 0.530 0.530 0.530 0.545 2.135
    1977 0.515 0.515 0.515 0.530 2.075
    1976 0.500 0.500 0.500 0.515 2.015
    1975 0.500 0.500 0.500 0.500 2.000
    1974 0.475 0.500 0.500 0.500 1.975
    1973 0.450 0.450 0.475 0.475 1.850
    1972 0.445 0.435 0.435 0.450 1.765
    1971 0.425 0.425 0.425 0.425 1.700

    * 1988 includes 0.050 extra or special dividends
    ** 1987 includes 0.080 extra or special dividends
    *** 1984 includes 0.080 extra or special dividends

Prior to 1971, Dividends were 100% Taxable. For dividends 1971 and after, see the Tax Status of Dividends table below.

  • Tax Status of Dividends

    Cash Quarterly Dividends were paid on the common stock as follows: Since 1983, all cash dividends have been fully taxable for federal income tax purposes (see following paragraph for certain DRP exceptions). In the unlikely event that a portion of the dividends in any future year would be reported as non-taxable for federal income tax purposes, shareholders will be notified. Shareholders in the AEP Dividend Reinvestment Plan are reminded that, if they elected to exclude dividends on qualified AEP shares up to the $750 (or $1,500 joint return) limit, the tax basis of such shares is zero. This is true for years 1982 through 1985 only.

    Total Non-
    Taxable %
    Non-
    Taxable $ Per Sh
    Cum. Non-
    Taxable $ Per Sh
    Q1 1983 0.565 0.0000
    Q2 1983 0.565 15.98% 0.0903 0.0903
    Q3 1983 0.565 21.45% 0.1212 0.2115
    Q4 1983 0.565 21.45% 0.1212 0.3327
    1982 2.260 41.10% 0.9289 1.2615
    1981 2.260 57.38% 1.2968 2.5583
    1980 2.230 38.76% 0.8643 3.4227
    1979 2.190 34.23% 0.7496 4.1723
    1978 2.135 70.54% .5060 5.6783
    1977 2.075 58.01% 1.2037 6.8820
    1976 2.015 57.05% 1.1496 8.0316
    1975 2.000 70.31% 1.4062 9.4378
    1974 1.975 74.04% 1.4623 10.9001
    1973 1.850 69.08% 1.2780 12.1781
    1972 1.765 83.73% 1.4778 13.6559
    1971 1.700 83.04% 1.4117 15.0676