AES (AES) Dividend History & Yield
Dividend ContenderAES (AES) has increased its dividend for 14 consecutive years and currently yields 4.78%. The most recent dividend was $0.1759/share on May 15, 2026, paid Quarterly.
AES
Current Yield
4.78%
TTM Dividend/Share
$0.70
Payment Frequency
Quarterly
Payout Ratio
37.4%
Consecutive Growth Years
14 (Dividend Contender)
Div Growth (1Y CAGR)
2.00%
Div Growth (5Y CAGR)
4.19%
Div Growth (10Y CAGR)
5.81%
AES: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
9.0%
FCF payout ratio
42.1%
Net debt / EBITDA
7.8x
Interest coverage
1.45x
ROIC (TTM)
6.7%
Dividend Safety Score
6 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 37.4%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($-2.28) does not fully cover dividend/share ($0.70).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
14 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 42.1%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 7.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (4.2%) ≤ EPS growth (87.6%) — sustainable.
Per-payment dividend history
Ex-date May 1, 2026
- Payment date
- May 15, 2026
- Dividend
- $0.1759
- Adj. dividend
- $0.1759
Ex-date Jan 30, 2026
- Payment date
- Feb 13, 2026
- Dividend
- $0.1759
- Adj. dividend
- $0.1759
Ex-date Oct 31, 2025
- Payment date
- Nov 14, 2025
- Dividend
- $0.1759
- Adj. dividend
- $0.1759
Ex-date Aug 1, 2025
- Payment date
- Aug 15, 2025
- Dividend
- $0.1759
- Adj. dividend
- $0.1759
Ex-date May 1, 2025
- Payment date
- May 15, 2025
- Dividend
- $0.1759
- Adj. dividend
- $0.1759
Ex-date Jan 31, 2025
- Payment date
- Feb 14, 2025
- Dividend
- $0.1759
- Adj. dividend
- $0.1759
Ex-date Nov 1, 2024
- Payment date
- Nov 15, 2024
- Dividend
- $0.1725
- Adj. dividend
- $0.1725
Ex-date Aug 1, 2024
- Payment date
- Aug 15, 2024
- Dividend
- $0.1725
- Adj. dividend
- $0.1725
Ex-date Apr 30, 2024
- Payment date
- May 15, 2024
- Dividend
- $0.1725
- Adj. dividend
- $0.1725
Ex-date Jan 31, 2024
- Payment date
- Feb 15, 2024
- Dividend
- $0.1725
- Adj. dividend
- $0.1725
Ex-date Oct 31, 2023
- Payment date
- Nov 15, 2023
- Dividend
- $0.1659
- Adj. dividend
- $0.1659
Ex-date Jul 31, 2023
- Payment date
- Aug 15, 2023
- Dividend
- $0.1659
- Adj. dividend
- $0.1659
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 1, 2026 | May 15, 2026 | $0.1759 | $0.1759 |
| Jan 30, 2026 | Feb 13, 2026 | $0.1759 | $0.1759 |
| Oct 31, 2025 | Nov 14, 2025 | $0.1759 | $0.1759 |
| Aug 1, 2025 | Aug 15, 2025 | $0.1759 | $0.1759 |
| May 1, 2025 | May 15, 2025 | $0.1759 | $0.1759 |
| Jan 31, 2025 | Feb 14, 2025 | $0.1759 | $0.1759 |
| Nov 1, 2024 | Nov 15, 2024 | $0.1725 | $0.1725 |
| Aug 1, 2024 | Aug 15, 2024 | $0.1725 | $0.1725 |
| Apr 30, 2024 | May 15, 2024 | $0.1725 | $0.1725 |
| Jan 31, 2024 | Feb 15, 2024 | $0.1725 | $0.1725 |
| Oct 31, 2023 | Nov 15, 2023 | $0.1659 | $0.1659 |
| Jul 31, 2023 | Aug 15, 2023 | $0.1659 | $0.1659 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
AES has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 14 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $0.7038 | — | — |
| 2025 | $0.6900 | $0.7038 | +2.0% |
| 2024 | $0.6636 | $0.6900 | +4.0% |
| 2023 | $0.6320 | $0.6636 | +5.0% |
| 2022 | $0.6020 | $0.6320 | +5.0% |
| 2021 | $0.5732 | $0.6020 | +5.0% |
| 2020 | $0.5460 | $0.5732 | +5.0% |
| 2019 | $0.5200 | $0.5460 | +5.0% |
| 2018 | $0.4800 | $0.5200 | +8.3% |
| 2017 | $0.4400 | $0.4800 | +9.1% |
| 2016 | $0.4000 | $0.4400 | +10.0% |
| 2015 | $0.2000 | $0.4000 | +100.0% |
| 2014 | $0.1600 | $0.2000 | +25.0% |
| 2013 | — | $0.1600 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for AES (AES) from the consolidated cash flow statement, in USD as filed.
Latest period
$501.00M
YoY change
+3.7%
5Y CAGR
+5.6%
Peak year (2009)
$846.00M
Latest annual
$501.00M
Cash dividends paid over time for AES (AES)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for AES (AES)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $501.00M | +3.7% | +$18.00M | ||
| 2024 | $483.00M | +8.8% | +$39.00M | ||
| 2023 | $444.00M | +5.2% | +$22.00M | ||
| 2022 | $422.00M | +5.2% | +$21.00M | ||
| 2021 | $401.00M | +5.2% | +$20.00M | ||
| 2020 | $381.00M | +5.2% | +$19.00M | ||
| 2019 | $362.00M | +5.2% | +$18.00M | ||
| 2018 | $344.00M | +8.5% | +$27.00M | ||
| 2017 | $317.00M | +9.3% | +$27.00M | ||
| 2016 | $290.00M | +5.1% | +$14.00M | ||
| 2015 | $276.00M | +91.7% | +$132.00M | ||
| 2014 | $144.00M | +21.0% | +$25.00M | ||
| 2013 | $119.00M | +296.7% | +$89.00M | ||
| 2012 | $30.00M | — | +$30.00M | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | -100.0% | -$846.00M | ||
| 2009 | $846.00M | +41.7% | +$249.00M | ||
| 2008 | $597.00M | — | +$597.00M | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | — | $0 | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | -100.0% | -$15.00M | ||
| 2001 | $15.00M | -72.7% | -$40.00M | ||
| 2000 | $55.00M | — | +$55.00M | ||
| 1999 | $0 | — | $0 | ||
| 1998 | $0 | — | $0 | ||
| 1997 | $0 | — | $0 | ||
| 1996 | $0 | — | $0 | ||
| 1995 | $0 | -100.0% | -$700,000 | ||
| 1994 | $700,000 | — | — |
In 2025, AES (AES) dividends paid totalled $501.00M – edged up 3.7% year-over-year.
Looking at the 2020–2025 (5 years) stretch, AES dividends paid compounded at +5.6% per year, sustaining 14 straight years of year-over-year growth.
AES dividends paid plunged from $846.00M in 2009 to $501.00M in 2025, a 40.8% drawdown.
2009 marks the peak dividends paid at $846.00M, with the historical low of $0 recorded in 1995.
Among 8 Utilities peers, AES (AES) ranks 7th; the peer median for dividends paid is $2.14B.
AES Dividends Paid 2025: $501.00M
AES dividends paid in 2025 was $501.00M, edged up 3.7% from 2024.
AES Dividends Paid 2024: $483.00M
AES dividends paid in 2024 was $483.00M, grew 8.8% from 2023.
AES Dividends Paid 2023: $444.00M
AES dividends paid in 2023 was $444.00M, grew 5.2% from 2022.
AES Dividends Paid 2022: $422.00M
AES dividends paid in 2022 was $422.00M, grew 5.2% from 2021.
AES Dividends Paid 2021: $401.00M
AES dividends paid in 2021 was $401.00M.
See more financial history for AES (AES).
Sector peers by dividends paid
Companies in the same sector as AES, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| NextEra Energy (NEE) | $4.68B | Utilities |
| Duke Energy (DUK) | $3.30B | Utilities |
| Southern Company (SO) | $3.02B | Utilities |
| Dominion Energy (D) | $2.28B | Utilities |
| American Electric Power Company (AEP) | $2.01B | Utilities |
| Sempra (SRE) | $1.60B | Utilities |
| Constellation Energy (CEG) | $486.00M | Utilities |
| GE Vernova (GEV) | $275.00M | Utilities |
Frequently asked questions
Does AES pay dividends?
Yes, AES (AES) pays quarterly dividends of approximately $0.70 per share annually, yielding 4.78%.
What is AES's dividend yield?
AES (AES) has a current dividend yield of 4.78%.
Is AES's dividend safe?
AES (AES) passes 6 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has AES increased its dividend?
AES (AES) has 14 consecutive years of dividend increases.
What is AES's dividend payout ratio?
AES (AES) has a dividend payout ratio of 37.4%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is AES's dividends paid?
Latest reported dividends paid for AES (AES) is $501.00M (period ending March 31, 2026).
How has AES dividends paid changed year-over-year?
AES (AES) dividends paid changed +3.7% year-over-year on the latest annual filing.
What is the long-term growth rate of AES dividends paid?
AES (AES) dividends paid compound annual growth rate is +5.6% over the most recent 5 years available.
When did AES dividends paid hit its highest annual value?
AES dividends paid reached its highest annual value of $846.00M in 2009.
What was AES dividends paid in 2024?
AES (AES) dividends paid in 2024 was $483.00M.
What was AES dividends paid in 2025?
AES (AES) dividends paid in 2025 was $501.00M.
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