Tue Sep 24 03:53:01 UTC 2024: ## AGL Energy Delivers Dividend Payday Amidst Market Dip

**Sydney, Australia – September 24, 2024** – While the broader Australian stock market experienced a slight dip today, AGL Energy Ltd (ASX: AGL) bucked the trend, closing the day up 0.5% at $11.97. This positive performance comes on the heels of a dividend payout to shareholders.

AGL, a leading energy generator and retailer in Australia, reported strong full-year earnings for FY2024, with a statutory profit of $711 million and an underlying net profit after tax of $812 million. This strong performance led to the declaration of a final dividend of 35 cents per share, representing a 52.17% increase over last year’s final dividend.

Today marks the dividend payment date, with eligible shareholders receiving 35 cents for each AGL share owned. This payout translates to a dividend yield of 5.1% at the current share price.

“This dividend payout is a welcome reward for AGL shareholders,” said Sebastian Bowen, Motley Fool contributor. “The company’s strong financial performance and generous dividend policy make it an attractive investment opportunity for income-seeking investors.”

Despite the positive news, investors are reminded that the ex-dividend date for this payout was Tuesday, August 27th. This means that anyone who did not own AGL shares as of the market close on August 26th is ineligible to receive the payment.

The Motley Fool encourages investors to conduct thorough research before making any investment decisions.

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