American Electric Power (AEP) Shares Cross 3% Yield Mark

American Electric Power (AEP) was yielding above 3% based on a quarterly dividend annualized to $3.80; the stock traded as low as $126.39 on Friday. At that intraday low, the dividend implied a yield of roughly 3.0%, a factual data point for income-focused portfolios.

Analysis

American Electric Power (AEP) was yielding above 3% based on a quarterly dividend annualized to $3.80; the stock traded as low as $126.39 on Friday. At that intraday low, the dividend implied a yield of roughly 3.0%, a factual data point for income-focused portfolios.