For 2015, AES Corporation (AES) plans to give a total of $0.40 per share to its shareholders in the form of dividends, implying another $0.10 per share in dividends in 4Q15.
AES’s dividends have been consistent for the last 3 years
AES has given consistent dividends to its shareholders for the last three years. The company’s strategy is to maximize per-share returns to shareholders, which in turn will attract the attention of shareholders. AES makes up 1.2% of the Utilities Select Sector SPDR ETF (XLU).
Let’s compare AES to its peers in the utilities sector. NextEra Energy (NEE), Southern Company (SO), Dominion Resources (D), and Duke Energy (DUK) are expected to declare annual dividends of $3.08 per share, $2.16 per share, $3.32 per share, and $2.60 per share, respectively, for fiscal 2015.
Dividend yield peer comparison
As of November 5, 2015, AES has a dividend yield of 4.1%. It offers a higher dividend yield compared to the Utilities Select Sector SPDR ETF (XLU), which had a dividend yield of 3.7% on the same day. Compared to its peers in the utilities sector, as of November 5, 2015, Southern Company (SO) offered one of the best dividend yields of 4.8%. NextEra Energy (NEE), Dominion Resources (D), and Duke Energy (DUK) had dividend yields of 3.0%, 3.7%, and 4.6%, respectively.