One of Redmans parting gifts because they didn't know what to do (IMO) was to increase the dividend payout ratio (to 100% of underlying profit) - in an attempt to maintain the dividend (and hopefully share price) when the NEM market prices were falling - needless to say it did not work.
It was a spectacularly stupid thing to do... leaving nothing for future investment or debt reduction - but clearly - board and management were clueless on how to turn the ship around... hence why AGL heads to demerger.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$9.90 |
Change
0.160(1.64%) |
Mkt cap ! $6.653B | |||
| Open | High | Low | Value | Volume |
| $9.79 | $9.92 | $9.79 | $17.38M | 1.760M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6668 | $9.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.90 | 13510 | 25 |
View Market Depth
| Last trade - 15.44pm 22/07/2025 (20 minute delay) ? |
| AGL (ASX) Chart |