AGL Energy (ASX:AGL) Approaches Ex-Dividend Date as 26-Cent Fully Franked Final Payout Rises

Aditi Sarkar

24 August 2026 07:03 PM AEST

AGL Energy (ASX:AGL) Approaches Ex-Dividend Date as 26-Cent Fully Franked Final Payout Rises

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Highlights

AGL is due to trade ex-dividend on 25 August for a 26-cent final dividend.
The payment is fully franked and is scheduled for 24 September 2026.
The indicated Yield is 2.96% at a share price of AUD 8.78.
AGL reported FY26 underlying NPAT of AUD 631 million and issued FY27 Earnings guidance.

AGL Energy Ltd (ASX:AGL) is approaching its FY26 final-dividend ex-date after lifting the payout to 26 cents per share. The fully franked distribution is due to go ex on 25 August and is scheduled for payment on 24 September. At AUD 8.78, it represents an indicated yield of 2.96%. The Dividend follows a year in which Underlying Profit remained near the prior-year level while AGL continued investing in batteries and new energy infrastructure.

26-Cent Final Dividend Moves Higher

AGL’s final dividend is 26 cents per share and is fully franked. It compares with 25 cents in the prior year.

The ex-dividend date is 25 August, with payment scheduled for 24 September 2026.

The final payout follows a 24-cent interim dividend, extending AGL’s FY26 cash returns.

FY26 Profit Provides the Payout Base

AGL reported underlying net profit after tax of AUD 631 million for FY26, compared with AUD 640 million a year earlier.

Lower wholesale electricity prices affected earnings, while the company continued investing in large-scale batteries and other energy-transition projects.

FY27 Guidance Shifts Attention Forward

AGL has guided to FY27 underlying NPAT of AUD 470 million to AUD 670 million.

The Liddell Battery is expected to contribute for a full year, while lower wholesale prices and higher gas costs may affect earnings.

What Could Drive AGL Shares Next?

Battery earnings, wholesale electricity prices, gas costs and delivery of major projects such as Tomago Battery will be important.

Those factors will also influence future dividend capacity under AGL’s payout framework.

AGL Energy Outlook

AGL’s 26-cent fully franked final dividend follows FY26 underlying profit of AUD 631 million and comes as the company moves further into battery-backed generation and storage. FY27 earnings delivery will determine how much room remains for future distributions.

FAQs

Q: What is AGL’s FY26 final dividend?

A: AGL has declared a 26-cent final dividend.

Q: When is AGL ex-dividend?

A: The ex-dividend date is 25 August 2026.

Q: Is the dividend franked?

A: Yes. It is fully franked.

Q: When will AGL pay the dividend?

A: Payment is scheduled for 24 September 2026.

Q: What is the indicated yield?

A: The indicated yield is 2.96% at a share price of AUD 8.78.

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