A difficult past couple of years has led the Treasury Wine Estates Ltd (ASX: TWE) share price to slump 12% since 2017.
In particular, a 40% drop from January 2020 to April 2020 caused havoc for shareholders amid China introducing tariffs on Australian wines.
This was in response to the Australian government's decision to call for an inquiry into the origins of COVID-19.
Nonetheless, fast-forward to 2022 and the wine distributor's shares have continued to record wild price swings.
High inflation levels and rate hikes have sparked concerns about a looming recession in the near future. This has caused volatility across global markets.
At the time of writing, Treasury Wines shares are down 0.44% to $11.38.
What about the Treasury Wines dividend?
Regardless of company's unstable share price, the Treasury Wines board has continued to pay dividends to shareholders.
Below, we take a look at the past five years' worth of dividends that the company has paid out.
- October 2017 – 13 cents (final)
- April 2018 – 15 cents (interim)
- October 2018 – 17 cents (final)
- April 2019 – 18 cents (interim)
- October 2019 – 20 cents (final)
- April 2020 – 20 cents (interim)
- October 2020 – 8 cents (final)
- April 2021 – 15 cents (interim)
- October 2021 – 13 cents (final)
- April 2022 – 15 cents (interim)
Calculating Treasury Wines' dividends since October 2017 gives us a total figure of $1.54 for every share owned.
And based on the last two dividends distributed to shareholders, Treasury Wines has a dividend yield of 1.6%.
Treasury Wines share price snapshot
Over the last 12 months, the Treasury Wines share price has fallen by more than 4% and is down 8% year-to-date.
The company's shares strongly rebounded from their 52-week low of $10.37 in February on the back of a surprise half-year result.
Treasury Wines presides a market capitalisation of roughly $8.22 billion based on today's price.
