Payment history for AGL dividends
AGL targets a payout ratio of 50 to 75 percent of Underlying Profit after tax, which will be franked to the extent possible.
Before declaring each dividend, the AGL Board ensures:
- AGL’s assets exceeded its liabilities immediately before declaring the dividend and the excess was sufficient for the payment of the dividend;
- the payment of the dividend was fair and reasonable to AGL’s shareholders as a whole; and
- the payment of the dividend would not materially prejudice AGL’s ability to pay its creditors.
Dividends remain subject to Board discretion, trading conditions and the ongoing funding and liquidity requirements of the business.
AGL ordinarily pays a dividend in March and September.
As announced on 10 August 2023, the Dividend Reinvestment Plan (DRP) has been suspended indefinitely.
Your dividends can be paid directly into your bank account.
If you are a shareholder and have not supplied your bank account details, or if you wish to update your banking details, please contact Computershare Investor Services so that your dividend can be issued.
