Ampol Ltd · Dividends
ASX: ALD · Energy · Oil & Gas Refining & Marketing
Dividends per share
Per financial year, as reported in the accounts
Payment record
Totals paid and share of profit distributed
| FY | Per share | Total paid | Payout ratio |
|---|---|---|---|
| FY24 | $2.61 | $625.1M | 510% |
| FY23 | $2.49 | $595.6M | 108% |
| FY22 | $1.60 | $383.6M | 48% |
| FY21 | $0.75 | $178.7M | 32% |
| FY20 | $0.76 | $189.8M | – |
| FY19 | $0.94 | $239.0M | 62% |
| FY18 | $1.19 | $309.4M | 55% |
| FY17 | $1.12 | $293.1M | 47% |
| FY16 | $1.21 | $319.4M | 52% |
| FY15 | $0.97 | $262.7M | 50% |
Reading the payout ratio
The payout ratio is the share of net profit returned to shareholders as dividends. A ratio under ~70% generally leaves room to maintain the dividend through a weaker year; a ratio persistently near or above 100% means the company is paying out more than it earns, which is rarely sustainable. Per-share figures here are company-reported annual totals. Check the company's own announcements for franking credits and payment dates.
What is Ampol's (ALD) dividend history and how sustainable have payouts been relative to earnings?
Ampol Ltd's dividend per share grew from $0.973 in FY2015 to $2.6232 in FY2024, though not in a straight line — it dipped to $0.7601 in FY2020 and $0.7474 in FY2021 before rising sharply to $1.6097 in FY2022, $2.4994 in FY2023 and $2.6232 in FY2024.
The payout ratio, measured against net income, sat in a 47.4%-62.4% range across FY2015-FY2019, turned negative at -39.1% in FY2020 when the company reported a net loss of $484.9M, and returned to a more moderate 31.9% in FY2021 and 48.2% in FY2022. It then rose well above 100% of earnings in FY2023 (108.5%) and to 510.3% in FY2024, as dividends paid kept climbing to $625.1M even as net income fell to just $122.5M — meaning the FY2024 dividend was funded well beyond that year's reported earnings.
AI-assisted analysis generated from Craytheon's verified financial data · Updated 4 Jul 2026 · How this works
Data is general information only, not financial advice. Figures are as reported in company filings (some ASX companies report in USD); share prices are AUD.