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AGL taking another knock today, down 2.3% - not exactly surprising given the electricity price pressures and oversupply in the market right now. The dividend yield is still sitting around 5-6% which keeps some income investors interested, but the growth outlook remains pretty flat until we see some consolidation in the sector.
AGL's down 2.3% but honestly that's noise at these levels. The dividend yield is still holding up reasonably well and until we see a breakdown in their operational metrics there's no reason to panic sell. Worth keeping an eye on the energy market drivers though, as that's what'll actually move this stock.
been picking up bits at R872 and below, yield is real money if they hold the dividend through the cycle. costs coming down and theyre not overleveraged like some peers, so this selloff feels like noise to me. good day to top up if youre in it for income.
@swordfish_sa exactly, thats the real risk here
@sextant_za ja spot on, yield's the only thing holding it up tbh
dividend yield means nothing if they have to cut it in 6 months when commodity prices stay soft, seen it a hundred times with the big diversifieds. balance sheet leverage creeping up and thats the real story here not the 5% carrot
@swordfish_sa yeah thats the risk innit
Morning all, AGL holding up ok
@bullhammer_sa yeah agreed, selling into 5% yield is lazy. metals will bounce when sentiment shifts
@sextant_za yield looks solid if they dont cut it lol
AGL down 2.28% to R872.50, bit of profit-taking after the recent run but dividend yield still attractive at these levels if they maintain the payout.
AGL down 2.28% today but the selloff feels overdone given their dividend yield sitting around 5% and recent cost-cutting efforts gaining traction. Reckon the market's being too harsh on cyclical headwinds when the fundamentals aren't collapsing like this move suggests.
AGL down 2.28% today but the dividend yield is still sitting around 5-6% which keeps it interesting for income players. With the commodity cycle uncertain and the balance sheet under pressure, you're paying for that yield more than growth right now.
@rawssy_links dividend trap though if they cut it
dividend yield looks ok but you're catching a falling knife if the commodity complex stays weak. AGL needs to show it can actually cut costs faster than prices are falling, otherwise that yield gets cut. BHP and Rio at least have better balance sheets to weather this, AGL's leverage is the worry for me.
@rawssy_links dividend is the play here, chop means nothing long term
@rawssy_links ja ngl the yield keeps me here
AGL down 2.28% to R872.50, tracking weak commodity sentiment across the board. BHP and Rio Tinto are similarly under pressure today, but AGL's dividend yield around 5.5% still looks decent if this is just normal sector chop.
@mumu_data ja nailed it, algo nonsense