Back to Dividend Stocks
AES Corporation (AES) logo

AES Corporation

S&P 500

AES/Utilities · Utilities - Diversified/NYSE

Dividend Yield

4.80%

$0.70 · Annual Dividend

Stock Price$14.66P/E7.6MCap10.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

57/ 100Caution

AES's dividend shows some areas that warrant monitoring. Strengths include a 36.7% earnings payout ratio & 33.9% fcf payout ratio. Areas of concern: 1.1x interest coverage & 55.1% net debt / total assets. As a utility, higher payout ratios and leverage are typical for this regulated sector.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 36.7%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 33.9%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 13.6%Operating cash flow strongly supports the payout.

Risks

  • Interest Coverage: 1.1xInterest coverage is thin relative to debt servicing.
  • Profit Margin Stability: UnstableProfit margins have been volatile.
  • Net Debt / Total Assets: 55.1%Net debt is high relative to total assets.

Payout & Coverage

Safe
36.7%Very Safe
33.9%Very Safe
13.6%Very Safe

Balance Sheet

Warning
0.7xWarning
259.6Caution

Profitability

Caution
5.3%Warning
20.1%Caution

Dividend Track Record

Safe
11+ yrsVery Safe
NoneVery Safe
VolatileWarning

About AES Corporation

The AES Corporation is a Fortune 500 global energy company that owns and operates power plants to generate and sell electricity to end users, utilities, and industrial facilities. It provides utility and power generation services across 15 countries, focusing on delivering reliable energy solutions through a diverse portfolio of assets. The company supports greener, smarter energy transitions with operations in renewables such as solar and wind power, alongside traditional generation. Notable segments include AES Indiana and AES Ohio, serving residential, commercial, and industrial customers with electricity distribution and related services. AES Corporation also advances energy storage technologies through its joint venture Fluence, which develops battery-based solutions for grid stability and integration of renewable sources. Headquartered in Arlington, Virginia, and founded in 1981, The AES Corporation plays a key role in the global transition to sustainable power systems while meeting current energy demands.

Dividend Overview

Dividend Yield

4.80%

Annual Dividend

$0.70

Frequency

Quarterly

Payout Ratio

36.66%

FCF Payout Ratio

33.87%

52-Week Range

$10.02 - $17.65

Dividend History (2016–2025)

AES annual dividend per share and yield history

Earnings & Profitability

AES earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 1, 2026

Last Payment Date

May 15, 2026

Dividend Growth

3-Year Dividend CAGR

3.66%

5-Year Dividend CAGR

4.19%

10-Year Dividend CAGR

5.81%

3-Year Total Growth

11.38%

5-Year Total Growth

22.80%

10-Year Total Growth

75.97%

Income Calculator

AES Dividend Calculator

Total Investment

$1,466.00

Annual Income

$70.40

Quarterly Income

$17.60

Monthly Income

$5.87

Similar Dividend Stocks

StockYield5Y CAGRPrice
AES Corporation (AES) logo
AES
4.80%4.19%$14.66
Oge Energy Corp. (OGE) logo
OGE
3.56%1.53%$48.95
Pinnacle West Capital Corporation (PNW) logo
PNW
3.54%2.50%$107.28
Essential Utilities Inc. (WTRG) logo
WTRG
3.74%6.63%$37.93

Frequently Asked Questions

What is AES's current dividend yield?
AES Corporation (AES) currently has a dividend yield of 4.80%, based on a stock price of $14.66 and an annual dividend of $0.70.
When is AES's next dividend payment date?
AES's next ex-dividend date is 2026-05-01 and the next payment date is 2026-05-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does AES pay in dividends per year?
AES Corporation paid $0.70 per share in annual dividends in 2025. The dividends are paid quarterly.
Has AES been increasing its dividend?
AES Corporation has grown its dividend at a 5-year CAGR of 4.19% and a 10-year CAGR of 5.81%.
Is AES's dividend safe?
AES Corporation has a payout ratio of 36.66%. Its free cash flow payout ratio is 33.87%. A payout ratio below 60% is generally considered sustainable.
How is AES's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates AES Corporation's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for utilities companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track AES Dividends with OnlyDividends

What will AES actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

Download the App

This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.