So I couldnt find a thread on AGL so I've started one and I'll paste the relevant posts from the Power Shares thread



Quote Originally Posted by peat View Post
I know its on the ASX but AGL is on my list of power companies. And it announces half year on 11/2

It recently lowered its forecast guidance down to $500 m underlying for this FY. (ending June)
But this is still something around $.77 per share and it has div policy of 75% of underlying and it has mooted paying special dividend up to %100 of underlying profit for the next couple of years since it is cash rich.

so .77 / 11.55 = nearly 7% yield
Quote Originally Posted by Snow Leopard View Post
Nice yield, horrible downtrend.