The last five years have likely been a disappointing period for those invested in AGL Energy Limited (ASX: AGL) shares.
The stock has tumbled more than 60% in that time amid a failed demerger plan, deepening losses, and a major board room shake up, to name a few dramas facing the company.
Back in April 2018, $3,000 would likely have bought 141 AGL shares. The energy producer and retailer's stock was trading at around $21.14 at that point.
Today, that holding would sell for just $1,1,73.12. The AGL share price last closed at $8.32.
For comparison, the S&P/ASX 200 Index (ASX: XJO) has lifted around 24% over the same period.
But what about the ASX 200 energy giant's dividends? Let's see if the company's offerings have made up for its share price's poor performance.

Image source: Getty Images
All the dividends paid to those holding AGL shares since 2018
Here are all the dividends paid by AGL shares over the last five years:
| AGL dividends' pay date | Type | Dividend amount |
| March 2023 | Interim | 8 cents |
| September 2022 | Final | 10 cents |
| March 2022 | Interim | 16 cents |
| September 2021 | Final | 34 cents |
| March 2021 | Interim | 31 cents |
| March 2021 | Special | 10 cents |
| September 2020 | Final | 51 cents |
| March 2020 | Interim | 47 cents |
| September 2019 | Final | 64 cents |
| March 2019 | Interim | 55 cents |
| September 2018 | Final | 63 cents |
| Total: | $3.89 |
All up, AGL shares have each provided investors with $3.89 in dividends over the last five years.
That means our figurative parcel has likely yielded around $548.49 – not quite enough to mitigate the capital losses.
Though, it has bumped the total return on investment (ROI) offered by AGL shares in that time to a 42% loss.
It's also worth remembering that some of the company's dividends have carried franking credits. All the offerings it paid between 2017 and 2020 were 80% franked – meaning they might have brought additional benefits for some shareholders at tax time.
Right now, AGL shares trade with a 2.16% dividend yield.