10 Dividend Stocks Grow Firmer Despite Mixed Market Sentiment

2. The AES Corporation (NYSE:AES)

Dividend yield: 6.42%

Dividend payout ratio: 47.46%

Ex-Dividend Date: May 1, 2025

Number of Hedge Funds: 53

The AES Corporation (NYSE:AES) saw its stock appreciate by 1.9%, from $10.72 to $10.92, over three days ending February 26, 2025.

The utility and power generation company in Virginia, the U.S., grew after being recognized as the top corporate energy provider globally. It strengthened its position as a leader in clean energy with record-breaking deals totaling 62GW. Though the company faces heavy headwinds from severe weather conditions in South America, the strong performance in renewable energy expansion and U.S. utility growth made the competitor stand out. The AES Corporation (NYSE:AES)’s price-to-earnings ratio remains at 7.4x compared to the peer average of 23.4x, indicating that its stocks are traded at a lower price than its competitors. However, since the price is quite stable, analysts expect the stocks’ value to move closer to the industry peers in 2025. The AES Corporation also gained a positive outlook in our 7 Stocks on Jim Cramer’s Radar.

With a dividend yield of 6.42% and a payout ratio of 47.46%, The AES Corporation (NYSE:AES) uses less than half its earnings to cover its dividend payments while retaining the remaining portion for future projects. The stock enjoys substantial institutional backing, with 53 hedge funds from the Insider Monkey database holding positions in Q4 2024. Investors acquiring shares before the ex-dividend date on May 1, 2025, will be qualified for dividend payments on May 15, 2025.