American Electric Power is near the top of its 52-week range and above its one-year target but offers a 3.3% dividend yield and projects an 8-10% annual return overall.
Of particular value to some investors in constructing their portfolios, American Electric Power has a slightly negative beta.
This $40 billion market cap holding company serves several electricity markets in eleven states with its seven regulated utilities and has a total rate base of $38 billion.
American Electric Power Company, Inc. (AEP) comprises several good mixes of geographical service areas, generation fuels, and segment results. The prices of the fuels for which it has most capacity - coal and