American Electric Power Company

American Electric Power Company

This $51.7-billion worth public utility holding company engages in all phases of electricity generation, transmission, and distribution. Year to date, shares of American Electric have gained 15.6%.

This stock presently has a dividend yield of 2.98% and a payout ratio of 64.09%. Its quarterly dividend rate is $0.78 per share. The beta is low at 0.36.

The company has a Strong Buy consensus rating, based on nine Buys and two Holds. AEP’s average price forecast of $105.60 suggests 3.09% upside potential from current levels. The stock scores an 8 out of 10 on TipRanks’ Smart Score rating system.

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