Guess how much AGL has paid in dividends over the past 5 years?

Have AGL dividends held shareholders in good stead?

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Key points
  • The AGL share price has risen strongly this year but is down 65% when compared to 2017
  • The board has decreased dividends to shareholders over this period, as reflected in the share price
  • In total, AGL has paid $4.75 per share in dividends between September 2017 and March 2022

What an impressive year it has been for the AGL Energy Ltd (ASX: AGL) share price.

Since the beginning of 2022, the energy company's shares have roared to life before settling around the mid-$8 mark.

Over the past eight months, the AGL share price is up almost 40%, outstripping the S&P/ASX 200 Energy (ASX: XEJ) sector.

For context, the benchmark index comprising 11 of the top 200 companies has risen 27% in 2022.

Even with the robust gains recently, let's take a look at how much AGL has paid in dividends since 2017.

Four investors stand in a line holding cash fanned in their hands with thoughtful looks on their faces.

Image source: Getty Images

What is AGL's dividend history?

Below, we take a look at the past five years' worth of dividends that AGL has distributed to shareholders.

  • September 2017 – 50 cents (final)
  • March 2018 – 54 cents (interim)
  • September 2018 – 63 cents (final)
  • March 2019 – 55 cents (interim)
  • September 2019 – 64 cents (final)
  • March 2020 – 47 cents (interim)
  • September 2020 – 51 cents (final)
  • March 2021 – 41 cents (interim)
  • September 2021 – 34 cents (final)
  • March 2022 – 16 cents (interim).

Calculating the above AGL dividends since September 2017 gives us a total figure of $4.75 for every share owned.

Although the dividends represent more than 55% of the current share price, AGL shares were trading at around $24 five years ago. This is why the dividends are much higher towards the start of the period.

It is worth pointing out that AGL dividends were originally 80% franked but since 2021, they've been unfranked.

AGL share price snapshot

Despite tumbling over the long term, the AGL share price has gained around 13% in the past 12 months.

The company's shares hit an all-time low of $5.10 on 16 November before bargain hunters swooped in. It's up 68% since that time.

AGL is one of Australia's oldest energy providers and is valued at $5.7 billion.

The company currently offers a healthy dividend yield of 5.83%.

Motley Fool contributor Aaron Teboneras 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.

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