How much dividend income would $20,000 worth of AGL shares have netted you in 2022?

How much have AGL's dividends been worth this year?

| More on:
A mature aged man with grey hair and glasses holds a fan of Australian hundred dollar bills up against his mouth and looks skywards with his eyes as though he is thinking what he might do with the cash.

Image source: Getty Images

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 used to be an ASX dividend heavyweight
  • But the last few years have seen the company dial back its payouts
  • So how much dividned income would $20,000 worth of AGL shares have netted you this year?

The dividends coming out of AGL Energy Limited (ASX: AGL) shares these days might not be of the same magnitude as days of yore. AGL is an ASX share that has been famously struggling in recent years.

Case in point, the AGL share price was over $23 five years ago.

Today, it is under $8, having lost more than 67% of its value since November 2017.

But despite its recent woes, AGL is still an ASX dividend share. So let's check out what kind of dividend income an AGL investor would have enjoyed over 2022.  

Here's how much dividend income AGL shares have paid out this year

So let's say an investor put $20,000 into AGL shares at the start of the year. AGL finished 2021 at a share price of $6.14, so we'll use that as our anchor point.

$20,000 would have bought our investor 3,257 AGL shares with the $20,000 of capital at the start of the year, with some change left over.

So AGL has paid out two dividends over 2022. The first was the interim dividend of 16 cents per share that investors received on 30 March. The second was the final dividend of 10 cents per share that was paid out on 27 September. Both payments were unfranked.

Those payments pale in comparison to the kinds of dividends AGL used to pay out. Back in 2017, investors enjoyed an interim dividend worth 41 cents per share, and a final dividend worth 50 cents per share. Those dividends came partially franked at 80% too.

But alas, that was then, not now.

So with our 3,257 AGL shares, 2022's interim dividend of 16 cents per share would have invited a payment of $521.12. The final dividend of 10 cents per share would have entitled our investor to another payment of $325.70.

Together, that is a total of $846.82 in dividend income from our 3,257 AGL shares. This represents a yield on the $20,000 cost of 4.23%. It would be worth a yield of 3.3% on the AGL share price of $7.88, which is where the company closed at this afternoon.   

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 Scott Phillips.

More on Dividend Investing

Two smiling women doing a jigsaw puzzle.
Dividend Investing

Buy these ASX dividend shares for passive income

Analysts think these shares could be top picks for income investors.

Read more »

Delighted adult man, working on a company slogan, on his laptop.
Communication Shares

3 reasons to buy this quality dividend-paying ASX 200 stock today

A leading fund manager expects more near-term outperformance from this ASX 200 dividend stock.

Read more »

Middle age caucasian man smiling confident drinking coffee at home.
Dividend Investing

These dirt cheap ASX dividend stocks could rise 25% to 30%

Analysts think big returns could be on offer from these income stocks.

Read more »

many investing in stocks online
Dividend Investing

Expecting volatility? Two ASX dividend shares with 5-10% yields

These investment options come with a healthy passive income stream. 

Read more »

Australian dollar notes in the pocket of a man's jeans, symbolising dividends.
Dividend Investing

Buy these top ASX dividend shares for market-beating 5% to 6% yields

These shares are being tipped as buys by analysts for income investors.

Read more »

Worried ASX share investor looking at laptop screen
Dividend Investing

This ASX dividend share has a 9.5% yield. Here's why it might be a trap

Is this 9.5% yield too good to be true?

Read more »

A senior investor wearing glasses sits at his desk and works on his ASX shares portfolio on his laptop.
Dividend Investing

An ASX dividend share yielding 6% to consider buying today before it's too late

Not many shares offer this kind of yield right now...

Read more »

A senior investor wearing glasses sits at his desk and works on his ASX shares portfolio on his laptop2
Dividend Investing

Why I think these 2 ASX dividend shares offer great buying right now

These two stocks could be two of the best dividend stocks to buy today…

Read more »