|Bid||27.75 x 800|
|Ask||28.95 x 800|
|Day's Range||28.51 - 28.85|
|52 Week Range||11.00 - 29.07|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||447.34|
|Earnings Date||May 06, 2021|
|Forward Dividend & Yield||0.60 (2.10%)|
|Ex-Dividend Date||Apr 29, 2021|
|1y Target Est||30.36|
The AES Corporation ( NYSE:AES ) has exhibited strong share price growth in the past few years. However, its earnings...
The AES Corporation (NYSE: AES) announced today that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase up to 4,000,000 shares of AES' common stock, or approximately 0.598% of outstanding shares, at a price of $26.50 per share. This price is approximately 6.6% below the closing price of AES' common stock on April 14, 2021 ($28.37, the day prior to this release), and a 4.4% discount to the closing price of AES' common stock on the date of the tender offer ($27.72 on April 9, 2021).
The Board of Directors of The AES Corporation (NYSE: AES) declared a quarterly common stock dividend of $0.1505 per share payable on May 14, 2021 to shareholders of record at the close of business on April 30, 2021.