AES Announce Increase In Quarterly Dividend From $0.1659 Per Share To $0.1725 Per Share
Portfolio Pulse from Benzinga Newsdesk
The AES Corporation (NYSE:AES) has announced a 4% increase in its quarterly common stock dividend, from $0.1659 to $0.1725 per share, starting in Q1 2024. The increased dividend is payable on February 15, 2024, to shareholders on record as of February 1, 2024.
December 08, 2023 | 10:01 pm
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AES Corporation has raised its quarterly dividend by 4%, indicating a strong financial position and commitment to returning value to shareholders.
Dividend increases are typically viewed positively by the market as they suggest a company is confident in its financial stability and future earnings. This can attract income-focused investors and potentially boost the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100