American Electric Power (NYSE: AEP) declared a quarterly dividend of $0.62 per share, or $2.48 annualized. This is a 5.1% increase from the prior dividend of $0.59.

The dividend will be payable on December 8, 2017, to stockholders of record on November 10, 2017, with an ex-dividend date of November 8, 2017.

The annual yield on the dividend is 3.4 percent.

For a dividend history and other dividend-related data on American Electric Power (AEP) click here.