The AES Corporation (NYSE:AES) announced a quarterly dividend on Monday, July 17th, RTT News reports. Investors of record on Thursday, August 3rd will be given a dividend of 0.12 per share by the utilities provider on Thursday, August 17th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.32%.

The AES Corporation has increased its dividend by an average of 40.1% annually over the last three years and has increased its dividend every year for the last 4 years. The AES Corporation has a dividend payout ratio of 45.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect The AES Corporation to earn $1.21 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 39.7%.

The AES Corporation (AES) traded up 0.82% during midday trading on Monday, hitting $11.12. 3,358,420 shares of the company were exchanged. The AES Corporation has a one year low of $10.60 and a one year high of $13.32. The stock’s market capitalization is $7.34 billion. The firm’s 50-day moving average price is $11.62 and its 200-day moving average price is $11.50.

The AES Corporation (NYSE:AES) last posted its earnings results on Monday, May 8th. The utilities provider reported $0.17 EPS for the quarter, missing the consensus estimate of $0.20 by $0.03. The AES Corporation had a positive return on equity of 14.71% and a negative net margin of 9.27%. The business had revenue of $3.49 billion for the quarter, compared to analyst estimates of $3.46 billion. During the same quarter in the prior year, the business earned $0.15 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Equities research analysts anticipate that The AES Corporation will post $1.05 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “The AES Corporation (AES) Plans Quarterly Dividend of $0.12” was reported by American Banking News and is owned by of American Banking News. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of United States and international copyright legislation. The original version of this piece can be accessed at

Several research firms recently commented on AES. Zacks Investment Research upgraded shares of The AES Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. BidaskClub lowered shares of The AES Corporation from a “hold” rating to a “sell” rating in a report on Saturday, June 24th. Morgan Stanley restated an “equal weight” rating on shares of The AES Corporation in a report on Monday, July 10th. ValuEngine lowered shares of The AES Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 30th. Finally, Argus restated a “hold” rating on shares of The AES Corporation in a report on Thursday, March 23rd. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company’s stock. The AES Corporation currently has an average rating of “Hold” and a consensus target price of $11.75.

The AES Corporation Company Profile

The AES Corporation is a holding company. The Company, through its subsidiaries and affiliates, operates a diversified portfolio of electricity generation and distribution businesses. It is organized into six strategic business units (SBUs): the United States; Andes; Brazil; Mexico, Central America and the Caribbean (MCAC); Europe, and Asia.

Dividend History for The AES Corporation (NYSE:AES)

Receive News & Ratings for The AES Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The AES Corporation and related companies with's FREE daily email newsletter.