AES Stock To Go Ex-dividend Tomorrow (AES)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for AES (NYSE: AES) is tomorrow, October 26, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $10.43 as of 3:46 p.m. ET, the dividend yield is 1.5%.

The average volume for AES has been 5.6 million shares per day over the past 30 days. AES has a market cap of $8.03 billion and is part of the utilities sector and utilities industry. Shares are down 9.4% year to date as of the close of trading on Wednesday.

The AES Corporation, a power company, operates a portfolio of electricity generation and distribution businesses. Its Generation business owns and/or operates power plants to generate and sell power to wholesale customers, such as utilities and other intermediaries. The company has a P/E ratio of 17.9, below the average utilities industry P/E ratio of 59.6 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates AES as a hold. The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, we also find weaknesses including generally higher debt management risk, poor profit margins and weak operating cash flow. You can view the full AES Ratings Report.

See our dividend calendar or top-yielding stocks list.

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