YAL, WDS, WHC: A look through 3 dividend paying ASX energy stocks - Kalkine Media

May 01, 2023 07:30 PM AEST | By Neha Simpy
Follow us on Google News:

Highlights:

  • For the FY22 period, Yancoal Australia Limited (ASX: YAL) paid a final dividend of 100% franked AU$0.70 a security on 28 April 2023.
  • Woodside Energy Group Ltd (ASX: WDS) paid a fully franked final dividend of US 144 cps on 5 April for FY22.
  • In 1H FY23, Whitehaven Coal Limited (ASX: WHC) paid a 100% franked interim dividend of 32 cps on 10 March.

A company rewards its stakeholders through dividends for holding its securities, usually on quarterly, monthly, or annual basis. Getting distribution might prove to be a good source of passive income for the stakeholders. However, one needs to find out such dividend stocks for a regular payout.

Let’s scan through the three ASX dividend stocks- YAL, WDS and WHC.

Yancoal Australia Limited (ASX: YAL)

In the FY22 period ended 31 December last year, the coal producer’s board declared a final dividend of 100% franked AU$0.70 a security, which was paid on 28 April 2023.

During the reported period, YAL’s revenue increased 95% to AU$10.55 billion on pcp, which is a positive effect of the higher realised coal more than outweighed the decreased production and sales volumes. The tax expense rose to AU$1.51 billion, leading towards a PAT of AU$35.9 billion.

Yancoal closed Monday higher by 0.539% at AU$5.590.

Woodside Energy Group Ltd (ASX: WDS)

The oil and gas company, which is also a producer of hydrocarbon and related products, ended Monday’s trading session increasing by 0.712% to AU$33.920.

In the FY22 period ended 31 December last year, a 100% franked final dividend of US 144 cps (paid on 5 April) was declared by WDS’ board, which was nearly 80% on the underlying NPAT of AU$5.2 billion in 2H FY22.

In FY22, WDS’ revenue rose 142% to US$16.8 billion versus US$6.9 billion in pcp. NPAT for the reported period stood at US$6.5 billion, reflecting a 228% increase in pcp. The increase was underpinned by the merger with BHP’s petroleum business, elevated market oil and gas prices, etc.

Whitehaven Coal Limited (ASX: WHC)

The coal miner and explorer in 1H FY23 ended 31 December and declared a 100% franked interim dividend of 32 cps, which was paid on 10 March.

The dividend amount represented a total payout ratio of 36% of H1 FY23 NPAT of AU$1.8 billion and cash generated from operations of AU$2.5 billion. During the period, the company attained record revenue of AU$3.8 billion, supported by an attained average coal price of AU$552 per tonne.

As of 31 December 2022, the company’s net cash on the balance was AU$2.5 billion versus AU$1 billion on 30 June last year.

WHC ended Monday’s market session, declining 2.638% to AU$7.390.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.



Top ASX Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK