AES raises its dividend

Published December 14, 2015 by Robert Powell, III

The AES Corp., based in Arlington has increased the company’s quarterly dividend by 10 percent.

The common stock dividend will rise from 10 to 11 cents per share beginning in the first quarter of 2016.

Andrés Gluski, AES’ president and CEO, said the move marks the third consecutive annual dividend increase since the company instituted the dividend in 2012.

The company’s first quarterly 2016 common stock dividend of 11 cents per share is payable on Feb. 16 to shareholders of record at the close of business on Feb. 2.

AES is a Fortune 200 global power company. It has 18,500 employees, and its 2014 revenues were $17 billion.