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.
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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.
