Own AGL shares? Your dividend arrives today

AGL shares are giving back today. Here's the tea!

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Key points
  • AGL Energy shares may be many things to many investors
  • But despite the company's recent woes, AGL is still an ASX dividend share
  • So let's take a look at the company's latest dividend payment...

The AGL Energy Limited (ASX: AGL) share price may be many things to many investors, but it is at least still an ASX dividend share.

AGL has been one of the most disappointing performers on the S&P/ASX 200 Index (ASX: XJO) in recent years. It seems like an eternity ago, but it was only back in 2017 that AGL was a $28 share. Today, this energy giant is going for $7.72 at the time of writing.

That represents a 21.4% loss over the past 12 months, a 70.7% slide over the past five years and more than 72% away from that all-time high. In fact, if one had owned AGL shares since January 1999, they would still be underwater by around 3.7% today from a capital standpoint.

Saying all that, the company is up a robust 26% so far in 2022 so it's not all bad news.

a man in a snappy business suit looks disappointed as he counts bank notes in his hand.

Image source: Getty Images

AGL to pay out interim dividend today

But AGL was, and is still, an ASX dividend share. And today happens to be payday for AGL shareholders. So let's take a look at the dividends that investors can look forward to seeing in their bank accounts today.

AGL announced today's dividend during its half-year earnings report that was released back in February. These earnings were something of a mixed bag. Although AGL reported revenue growth of 6% for the period, it also came up with a 21% fall in underlying earnings as well as a 41% drop in underlying profits.

AGL did announce an interim dividend though. But it perhaps wasn't quite what investors were hoping for. AGL's previous interim dividend was a 41 cents per share payment, consisting of 31 cents per share in ordinary dividends, and a 10 cents per share special dividend.

The interim dividend that investors will receive today, however, only comes in at 16 cents per share, a 60% reduction from last year. Like most of AGL's recent dividends, it will not come franked.

So AGL investors can look forward to receiving this dividend today, after the company traded ex-dividend on 23 February.

At the current AGL share price, this ASX 200 company has a trailing dividend yield of 6.48%.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Energy Shares

Oil worker using a smartphone in front of an oil rig.
Energy Shares

Are investors taking a massive gamble by chasing the Woodside share price higher?

Woodside shares surge as oil prices and Middle East risks intensify.

Read more »

A man has a surprised and relieved expression on his face.
Energy Shares

Bell Potter says this ASX penny stock could rocket 90%

This is a high risk, high reward pick from the broker.

Read more »

Oil worker using a smartphone in front of an oil rig.
Energy Shares

Down 40% last week, are Amplitude Energy shares now a buy?

Should investors buy the dip?

Read more »

Worker on a laptop at an oil and gas pipeline.
Energy Shares

Woodside shares slip as WA cyclone disrupts gas operations

WA cyclone hits Woodside operations as shares edge lower.

Read more »

Hand holding out coal in front of a coal mine.
Energy Shares

Why New Hope, Yancoal and Whitehaven shares are storming higher on Friday

Investors are piling into New Hope, Yancoal, and Whitehaven shares in Friday’s falling market. But why?

Read more »

An oil refinery worker stands in front of an oil rig with his arms crossed and a smile on his face.
Energy Shares

New ratings on 4 ASX 200 energy shares: experts

Leading brokers have recently updated their ratings and 12-month share price targets.

Read more »

Oil worker giving a thumbs up in an oil field.
Energy Shares

Which emerging ASX gas producer could deliver almost 80% gains?

This NT-focused gas company has a big year ahead of it.

Read more »

Black barrels of oil in ascending and then descending sizes with a red arrow pointing down to indicate a falling oil price.
Energy Shares

Why are ASX 200 energy shares tumbling today?

The Brent Crude oil price slipped below US$100 per barrel today.

Read more »