AES Announces Quarterly Dividend

The Board of Directors of The AES Corporation (NYSE:AES) declared a quarterly common stock dividend of 4 cents per share payable November 15, 2012 to shareholders of record at the close of business on October 30, 2012.

“We are very pleased to declare our first cash dividend in almost 20 years,” said Andrés Gluski, AES President and Chief Executive Officer. “This is an important step in executing on our capital allocation strategy.”

“Returning cash to shareholders on a predictable and recurring basis is an important component of our total return objective,” added Tom O’Flynn, AES Chief Financial Officer.

Additional information regarding dividends paid by AES can be located at http://investor.aes.com/phoenix.zhtml?c=76149&p=irol-dividends.

About AES

The AES Corporation (NYSE: AES) is a Fortune 200 global power company. We provide affordable, sustainable energy to 27 countries through our diverse portfolio of distribution businesses as well as thermal and renewable generation facilities. Our workforce of 27,000 people is committed to operational excellence and meeting the world's changing power needs. Our 2011 revenues were $17 billion and we own and manage $45 billion in total assets. To learn more, please visit www.aes.com.

Safe Harbor Disclosure

This news release contains forward-looking statements within the meaning of the Securities Act of 1933 and of the Securities Exchange Act of 1934. Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute AES’ current expectations based on reasonable assumptions. Forecasted financial information is based on certain material assumptions. These assumptions include, but are not limited to, our accurate projections of future interest rates, commodity price and foreign currency pricing, continued normal levels of operating performance and electricity volume at our distribution companies and operational performance at our generation businesses consistent with historical levels, as well as achievements of planned productivity improvements and incremental growth investments at normalized investment levels and rates of return consistent with prior experience.

If you liked this article you might like

No Good Stock Left Behind: Cramer's 'Mad Money' Recap (Tuesday 7/25/17)

Hertz Global Holdings, Honeywell, PetMed Express, Allergan: 'Mad Money' Lightning Round

These Stocks Are Showing Red Flags -- Here's When to Sell

4 Stocks Are Showing Red Flags -- Here's When to Sell

Do You Own One of These Potentially 'Toxic' Stocks?