AES The AES Corporation — dividend yield, history & ex-dividend dates
The AES Corporation operates as an international enterprise primarily focused on electricity generation and distribution. Its activities involve both the ownership and management of power plants, producing and supplying electricity to a diverse clientele that includes other utility companies, large industrial consumers, and various intermediate purchasers. Beyond generation, AES also functions as a utility provider, managing infrastructure to either produce or acquire, then transmit, distribute, and ultimately sell power directly to end-users across residential, commercial, industrial, and governmental sectors. The company is also an active participant in the wholesale electricity market. For power production, AES utilizes a broad spectrum of energy sources and advanced technologies. This includes conventional fuels like coal and natural gas, as well as a significant commitment to renewables such as hydroelectric, wind, solar, and biomass. Its renewable portfolio further incorporates energy storage solutions and landfill gas. With an operational generation capacity of approximately 31,459 megawatts, the company maintains a substantial global presence, conducting business in the United States, Puerto Rico, various nations across Central and South America (including El Salvador, Chile, Colombia, Argentina, Brazil, Mexico), the Caribbean, Europe, and Asia. Founded in 1981, the company was initially named Applied Energy Services, Inc., before officially rebranding to The AES Corporation in April 2000. Its corporate headquarters are located in Arlington, Virginia.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for AES
| Input | Value | Points | Weight |
|---|---|---|---|
| Earnings payout ratio | Earnings payout ratio 26% (TTM to Jun 30, 2026) | 100 | 35% |
| FCF payout ratio | Free cash flow negative (TTM to Jun 30, 2026) | 0 | 5% |
| Net debt / EBITDA | Net debt / EBITDA 8.6x (TTM to Jun 30, 2026) | 0 | 20% |
| Interest coverage | Interest coverage 1.3x (TTM to Jun 30, 2026) | 9 | 10% |
| Dividend record | 13 years of uninterrupted regular payments | 74 | 20% |
| Earnings stability | Net income positive in 3 of the last 5 fiscal years (FY2021–FY2025) | 40 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: utility. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for AES
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 4.2% (2020–2025) | 66 | 25% |
| Consecutive annual increases | 12 consecutive annual increases (through 2025) | 83 | 20% |
| Payout headroom | Headroom from the earnings payout ratio 26% (TTM to Jun 30, 2026) | 100 | 20% |
| Earnings per share growth (3 years) | N/A (not used) | N/A | 15% |
| Revenue growth (3 years) | Revenue CAGR -1.0% (FY2022–FY2025) | 34 | 10% |
| 10-year dividend growth | 10-year dividend CAGR 5.8% (2015–2025) | 77 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: utility. Formula version 2026-10-19.4.
How the Dividend Value Score is built for AES
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 82nd percentile of its 120 month-end yields | 82 | 40% |
| P/E vs own 5-year median | P/E 5.7 is 0.50x its 5-year median of 11.4 | 100 | 25% |
| FCF yield | FCF yield -16.1% (TTM to Jun 30, 2026) | 0 | 20% |
| P/E vs peers | P/E 5.7 vs peer median 21.5 (0.27x; 50 utility / Utilities securities) | 100 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: utility. Formula version 2026-10-19.4.
Key Metrics
Current Yield
4.70%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.7038
Declared Oct 08, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
59
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$13.44 – $17.28
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
26.31%
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
35
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
2.16
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
How often a record like this ends in a cut
AES has raised its annual dividend in 13 separate years since July 1991, which ranks 861 among the 2,430 payers with a comparable record in our dataset. In 2 years the annual total fell by more than a fifth.
Of the 878 companies we track with 10 to 24 years of increases, 661 — 75 per cent — also have at least one year in which the dividend fell by more than 20 per cent. Across every company with twenty years of comparable history, only 277 of 1078 (26 per cent) have never cut. A long record of increases is common; a record with no cut anywhere in it is not.
Measured from annual totals using split-adjusted amounts, comparing only consecutive years with the same number of payments — a stock split and a payment shifting across a year boundary both look like cuts otherwise. The current year is excluded as incomplete. How we measure a cut, and what the corrections change. Figures are for information only, not a view on any security.
Why the Yield Moved (90 Days)
AES's dividend yield fell from 4.78% to 4.70% over the past ~90 days (-0.09 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.09 pp from the share price ($14.71 on Aug 03, 2026 → $14.98 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), AES's current yield is higher than approximately 9% of them. Our stored price history for AES covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.1759 Q | Regular | Oct 08, 2026 | Oct 30, 2026 | Oct 30, 2026 | Nov 13, 2026 |
| $0.1759 Q | Regular | Jul 09, 2026 | Jul 31, 2026 | Jul 31, 2026 | Aug 14, 2026 |
| $0.1759 Q | Regular | Feb 19, 2026 | May 01, 2026 | May 01, 2026 | May 15, 2026 |
| $0.1759 Q | Regular | Dec 05, 2025 | Jan 30, 2026 | Jan 30, 2026 | Feb 13, 2026 |
| $0.1759 Q | Regular | Oct 10, 2025 | Oct 31, 2025 | Oct 31, 2025 | Nov 14, 2025 |
| $0.1759 Q | Regular | Jul 11, 2025 | Aug 01, 2025 | Aug 01, 2025 | Aug 15, 2025 |
| $0.1759 Q | Regular | Feb 21, 2025 | May 01, 2025 | May 01, 2025 | May 15, 2025 |
| $0.1759 Q | Regular | Dec 06, 2024 | Jan 31, 2025 | Jan 31, 2025 | Feb 14, 2025 |
| $0.1725 Q | Regular | Oct 11, 2024 | Nov 01, 2024 | Nov 01, 2024 | Nov 15, 2024 |
| $0.1725 Q | Regular | Jul 12, 2024 | Aug 01, 2024 | Aug 01, 2024 | Aug 15, 2024 |
| $0.1725 Q | Regular | Feb 23, 2024 | Apr 30, 2024 | May 01, 2024 | May 15, 2024 |
| $0.1725 Q | Regular | Dec 08, 2023 | Jan 31, 2024 | Feb 01, 2024 | Feb 15, 2024 |
| $0.1659 Q | Regular | Oct 06, 2023 | Oct 31, 2023 | Nov 01, 2023 | Nov 15, 2023 |
| $0.1659 Q | Regular | Jul 14, 2023 | Jul 31, 2023 | Aug 01, 2023 | Aug 15, 2023 |
| $0.1659 Q | Regular | Feb 24, 2023 | Apr 28, 2023 | May 01, 2023 | May 15, 2023 |
| $0.1660 Q | Regular | Dec 02, 2022 | Jan 31, 2023 | Feb 01, 2023 | Feb 15, 2023 |
| $0.1580 Q | Regular | Oct 07, 2022 | Oct 31, 2022 | Nov 01, 2022 | Nov 15, 2022 |
| $0.1580 Q | Regular | Jul 15, 2022 | Jul 29, 2022 | Aug 01, 2022 | Aug 15, 2022 |
| $0.1580 Q | Regular | Feb 25, 2022 | Apr 28, 2022 | Apr 29, 2022 | May 13, 2022 |
| $0.1580 Q | Regular | Dec 03, 2021 | Jan 31, 2022 | Feb 01, 2022 | Feb 15, 2022 |
| $0.1500 Q | Regular | Oct 15, 2021 | Nov 01, 2021 | Nov 02, 2021 | Nov 15, 2021 |
| $0.1500 Q | Regular | Jul 19, 2021 | Jul 30, 2021 | Aug 02, 2021 | Aug 16, 2021 |
| $0.1505 Q | Regular | Apr 14, 2021 | Apr 29, 2021 | Apr 30, 2021 | May 14, 2021 |
| $0.1505 Q | Regular | Dec 07, 2020 | Jan 28, 2021 | Jan 29, 2021 | Feb 12, 2021 |
| $0.1430 Q | Regular | Oct 16, 2020 | Oct 29, 2020 | Oct 30, 2020 | Nov 16, 2020 |
| $0.1433 Q | Regular | Jul 20, 2020 | Jul 31, 2020 | Aug 03, 2020 | Aug 18, 2020 |
| $0.1433 Q | Regular | Apr 15, 2020 | Apr 30, 2020 | May 01, 2020 | May 15, 2020 |
| $0.1433 Q | Regular | Dec 09, 2019 | Jan 30, 2020 | Jan 31, 2020 | Feb 14, 2020 |
| $0.1365 Q | Regular | Oct 16, 2019 | Oct 31, 2019 | Nov 01, 2019 | Nov 15, 2019 |
| $0.1365 Q | Regular | Jul 16, 2019 | Jul 31, 2019 | Aug 01, 2019 | Aug 15, 2019 |
| $0.1365 Q | Regular | Apr 15, 2019 | Apr 30, 2019 | May 01, 2019 | May 15, 2019 |
| $0.1365 Q | Regular | Dec 10, 2018 | Jan 31, 2019 | Feb 01, 2019 | Feb 15, 2019 |
| $0.1300 Q | Regular | Oct 12, 2018 | Oct 31, 2018 | Nov 01, 2018 | Nov 15, 2018 |
| $0.1300 Q | Regular | Jul 16, 2018 | Aug 02, 2018 | Aug 03, 2018 | Aug 17, 2018 |
| $0.1300 Q | Regular | Apr 13, 2018 | Apr 30, 2018 | May 01, 2018 | May 15, 2018 |
| $0.1300 Q | Regular | Dec 08, 2017 | Jan 31, 2018 | Feb 01, 2018 | Feb 15, 2018 |
| $0.1200 Q | Regular | Oct 06, 2017 | Oct 31, 2017 | Nov 01, 2017 | Nov 15, 2017 |
| $0.1200 Q | Regular | Jul 19, 2017 | Aug 01, 2017 | Aug 03, 2017 | Aug 17, 2017 |
| $0.1200 Q | Regular | Apr 13, 2017 | Apr 27, 2017 | May 01, 2017 | May 15, 2017 |
| $0.1200 Q | Regular | Dec 21, 2016 | Jan 30, 2017 | Feb 01, 2017 | Feb 15, 2017 |
| $0.1100 Q | Regular | Oct 14, 2016 | Oct 28, 2016 | Nov 01, 2016 | Nov 15, 2016 |
| $0.1100 Q | Regular | Jul 18, 2016 | Jul 28, 2016 | Aug 01, 2016 | Aug 15, 2016 |
| $0.1100 Q | Regular | Apr 15, 2016 | Apr 28, 2016 | May 02, 2016 | May 16, 2016 |
| $0.1100 Q | Regular | Dec 14, 2015 | Jan 29, 2016 | Feb 02, 2016 | Feb 16, 2016 |
| $0.1000 Q | Regular | Oct 16, 2015 | Oct 29, 2015 | Nov 02, 2015 | Nov 16, 2015 |
| $0.1000 Q | Regular | Jul 17, 2015 | Jul 30, 2015 | Aug 03, 2015 | Aug 17, 2015 |
| $0.1000 Q | Regular | Apr 24, 2015 | May 01, 2015 | May 05, 2015 | May 15, 2015 |
| $0.1000 Q | Regular | Dec 22, 2014 | Jan 30, 2015 | Feb 03, 2015 | Feb 17, 2015 |
| $0.0500 Q | Regular | Oct 16, 2014 | Oct 30, 2014 | Nov 03, 2014 | Nov 17, 2014 |
| $0.0500 Q | Regular | Jul 16, 2014 | Jul 30, 2014 | Aug 01, 2014 | Aug 15, 2014 |
| $0.0500 Q | Regular | Apr 18, 2014 | Apr 29, 2014 | May 01, 2014 | May 15, 2014 |
| $0.0500 Q | Regular | Nov 11, 2013 | Jan 30, 2014 | Feb 03, 2014 | Feb 18, 2014 |
| $0.0400 Q | Regular | Oct 15, 2013 | Oct 30, 2013 | Nov 01, 2013 | Nov 15, 2013 |
| $0.0400 Q | Regular | Jul 16, 2013 | Jul 30, 2013 | Aug 01, 2013 | Aug 15, 2013 |
| $0.0400 Q | Regular | Apr 19, 2013 | Apr 29, 2013 | May 01, 2013 | May 15, 2013 |
| $0.0400 Q | Regular | Jan 16, 2013 | Jan 30, 2013 | Feb 01, 2013 | Feb 15, 2013 |
| $0.0400 Q | Regular | Aug 06, 2012 | Oct 26, 2012 | Oct 30, 2012 | Nov 15, 2012 |
| $0.1680 A | Regular | N/A | Nov 04, 1994 | N/A | N/A |
| $0.2500 A | Regular | N/A | Nov 04, 1993 | N/A | N/A |
| $0.2500 S | Regular | N/A | Jul 19, 1993 | N/A | N/A |
| $0.1500 S | Regular | N/A | Feb 23, 1993 | N/A | N/A |
| $0.1000 S | Regular | N/A | Sep 02, 1992 | N/A | N/A |
| $0.8009 S | Regular | N/A | Feb 24, 1992 | N/A | N/A |
| $0.8009 S | Regular | N/A | Jul 25, 1991 | N/A | N/A |
Peer Comparison
Selected Independent Power Producers dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| VST | Vistra Corp. | 0.64% | 10.8% | 6 yrs | 58 |
| NRG | NRG Energy, Inc. | 1.96% | 8.0% | 6 yrs | 54 |
| TA.TO | TransAlta Corporation | 1.53% | 8.3% | 6 yrs | 44 |
| TAC | TransAlta Corporation | 1.54% | 7.1% | 6 yrs | 42 |
Related Guides & Lists
AES dividend — frequently asked questions
Does The AES Corporation pay a dividend?
Yes. The AES Corporation (AES) currently pays a dividend. The annualized dividend is about $0.70 per share, a yield of approximately 4.70%.
What is The AES Corporation's dividend yield?
The AES Corporation's dividend yield is approximately 4.70%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does The AES Corporation pay dividends?
The AES Corporation pays dividends quarterly — 4 times per year.
How long has The AES Corporation paid dividends?
The AES Corporation has 35 years of dividend payments on record, and has increased its dividend for 12 consecutive years.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.