Insights

How does the Santos (ASX:STO) dividend compare to the energy sector?

We take a look to see how the Santos dividend stacks up today
The post How does the Santos (ASX:STO) dividend compare to the energy sector? appeared first on The Motley Fool Australia. –

The Santos Ltd (ASX: STO) share price has started the last day of this week’s trading with a bang. At the time of writing, Santos shares are going for $6.36 apiece, up a very healthy 2.5% today so far.

Yet the Santos share price has been struggling this year. In 2021 so far, Santos shares are still down around 1% year to date. That’s a fate shared by many ASX energy shares though – perhaps reflecting the wild and unpredictable year that the global economy has faced so far.

So today, let’s check out how the Santos dividend compares to other ASX energy shares in its sector. After all, many investors are attracted to miners and drillers for the potential dividend income that is available in this corner of the ASX.

How do Santos’ dividends stack up?

On the current share price, Santos has a dividend yield of 2.2%. That comes from the company’s latest pair of dividend payments. These consisted of a March final dividend of 6.32 cents per share, as well as the interim dividend Santos announced last month, which will hit shareholders’ bank accounts on 21 September. Both payments are fully franked, meaning that Santos’ current grossed-up yield stands at 3.16%.

So how does that compare to Santos’ peers in the ASX energy space?

Well, let’s run through some. The ASX’s largest pureplay energy share is Woodside Petroleum Limited (ASX: WPL). It’s currently trading at a share price of $20.03, which gives Woodside shares a current dividend yield of 2.87%.

Turning to Beach Energy Ltd (ASX: BPT), and Beach shares are up 1.11% so far today to $1.09 a share. That gives this driller a dividend yield of 1.83%.

Oil Search Ltd (ASX: OSH) has a similar, although smaller, yield on the table right now. At a price of $3.89 a share, Oil Search is putting up a yield of 1.35% today.

Although Ampol Ltd (ASX: ALD) is more of a downstream energy company with its refining and retailing businesses, it’s still an ASX energy share. Today, Ampol is offering a dividend yield of 2.62% at its current price of $28.65 a share.

So as we can see, Santos’ current dividend yield is pretty much right in the middle of its ASX energy peers. “Not too hot, not too cold”, some investors might say.

In addition to having a dividend yield of 2.2% at the current Santos share price, the company also has a market capitalisation of $13.25 billion.

The post How does the Santos (ASX:STO) dividend compare to the energy sector? appeared first on The Motley Fool Australia.

Should you invest $1,000 in Santos right now?

Before you consider Santos, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Santos wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

5 things to watch on the ASX 200 on Friday

ASX energy shares on watch after OPEC’s latest move

5 things to watch on the ASX 200 on Wednesday

The Santos (ASX:STO) share price is down 6% this month. What’s next?
How does the Oil Search (ASX:OSH) earnings result compare to Santos (ASX:STO)?

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!