AGL - orig. The Australian Gas Light Co. Now one of Aussies biggest energy providers
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
Originally Posted by peat
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.
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