American Electric Power (NYSE: AEP) shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $48.24 as of 9:35 a.m. ET, the dividend yield is 4.1%. The average volume for American Electric Power has been 3.0 million shares per day over the past 30 days. American Electric Power has a market cap of $23.5 billion and is part of the utilities industry. Shares are up 3.8% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electric power to retail customers. The company generates electricity using coal and lignite, natural gas, nuclear energy, and hydroelectric energy. The company has a P/E ratio of 15.89. TheStreet Ratings rates American Electric Power as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full American Electric Power Ratings Report now.
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