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AES raises quarterly dividend

AES Corp. plans to raise its quarterly common stock dividend 9.1%, to 12 cents per share from 11 cents per share, beginning first quarter 2017.

The company will pay the dividend Feb. 15, 2017, to shareholders of record on Feb. 1, 2017, according to a Dec. 15 release.

"This is the fourth consecutive annual increase in our dividend since its inception in 2012," said Andrés Gluski, AES president and CEO.

The board will continue to review the dividend on an annual basis.