AGL 1.30% $10.61 agl energy limited.

If AGL can maintain their dividends going forward then it will...

  1. 2,498 Posts.
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    If AGL can maintain their dividends going forward then it will be not too painful to hold.
    If I could recall they gave us 64 cents the last one and 55 cents the one before that so $1.19 per year. It is close to 6.5% return.

    If they keep dropping the way it has been then very soon it may give you return of 8% so my logic says if they can keep the divi intact then there may be a floor of how much further it will go down, but that is logic and logic has nothing to do with trading/investing.

    AGL must be the most unloved member of ASX today and I am in the red as well and probably it is too late to get out unless we believe it will go to the wall and it is highly unlikely.

    I will hold and watch for a while.
 
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