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AES The AES Corporation — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Utilities / Independent Power Producers

$14.98 ▼ $-0.05(-0.33%) as of Oct 29, 2026 06:20 UTC
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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

StatusGrowing
Last Dividend$0.1759Pays Nov 13, 2026
Forward Annual$0.70From the $0.1759 dividend declared Oct 08, 2026
FrequencyQuarterly
Last Ex-DateOct 30, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth2.0%Annual totals, 2024–2025
10-Yr Growth5.8%Annual totals, 2015–2025

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.

Dividend Safety Score

55/100

Mixed indicators

Complete data

Dividend Growth Score

76/100

Strong growth record

Most data available

Dividend Value Score

73/100

Below own historical valuation

Complete data

DividendRank

66/100

Upper middle of the scale

Complete data

How the Dividend Safety Score is built for AES
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 26% (TTM to Jun 30, 2026) 100 35%
FCF payout ratioFree cash flow negative (TTM to Jun 30, 2026) 0 5%
Net debt / EBITDANet debt / EBITDA 8.6x (TTM to Jun 30, 2026) 0 20%
Interest coverageInterest coverage 1.3x (TTM to Jun 30, 2026) 9 10%
Dividend record13 years of uninterrupted regular payments 74 20%
Earnings stabilityNet 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
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 4.2% (2020–2025) 66 25%
Consecutive annual increases12 consecutive annual increases (through 2025) 83 20%
Payout headroomHeadroom 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 growth10-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
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 82nd percentile of its 120 month-end yields 82 40%
P/E vs own 5-year medianP/E 5.7 is 0.50x its 5-year median of 11.4 100 25%
FCF yieldFCF yield -16.1% (TTM to Jun 30, 2026) 0 20%
P/E vs peersP/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

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 55/100, yield 4.70%.
A Accelerating
12 consecutive years of dividend increases.
F Flawless
The record shows a gap in the regular dividend of more than 1.5 times its usual interval (a payment was due around May 1995).
E Enduring
35 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume7,406,900Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$14.97Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$14.94 – $15.00Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$14.97Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$10.69BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out713.44MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$2.6812 months to Jun 30, 2026 (Q2 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)5.7Price as of Oct 25, 2026; earnings to Jun 30, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateOct 30, 2026Pays Nov 13, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)3.7%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)4.2%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases12 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

How often a record like this ends in a cut

Years the payout rose13Since Jul 1991
Rank among payers861of 2,430 with a record
Years it fell over 20%2in 15 comparable years
Of peers with 10 to 24 up years75%also cut at some point

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

Current4.70%
1-Yr Average4.83%
Low / High4.07% – 5.40%
Percentile9%

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.

TickerNameYield5-Yr GrowthStreakRank
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

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.