American Electric Power Company, Inc. is an electric public utility holding company. Its electric utility operating companies provide generation, transmission and distribution services to more than five million retail customers in Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. Its segments include Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco and Generation & Marketing. The Vertically Integrated Utilities is engaged in the generation, transmission and distribution of electricity for sale to retail and wholesale customers. The Transmission and Distribution Utilities consists of the transmission and distribution of electricity for sale to retail and wholesale customers. The AEP Transmission Holdco is engaged in development, construction and operation of transmission facilities. The Generation & Marketing segment conducts Marketing, risk management and retail activities.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 15.24% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 21.88B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 63.98%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 63.98%.
Fairly Valued
The company’s latest PE is 19.14, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 459.44M shares, decreasing 2.58% quarter-over-quarter.
Held by Carl Icahn
Star Investor Carl Icahn holds 1.21M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.48.