How does the Woodside dividend compare to Santos over the last 5 years?

An uplift in energy prices led the Woodside Energy Group Ltd (ASX: WDS) share price to post-COVID highs in 2022.

The Russian war in Ukraine sparked oil prices to touch US$120 a barrel last month before retracing to US$100 today.

Woodside shares have moved in sync with the price of oil, reaching a year-to-date high of $35.77 in early June.

Subsequently, the company paid its biggest-ever dividend to shareholders after reporting robust growth in its full-year results.

This is in sharp contrast to the previous dividends paid by Woodside over the years, given the market’s volatility since COVID-19.

A quick recap on the Woodside dividend history

Here’s a quick look at the Woodside dividends distributed to shareholders over the last five years.

• September 2017 – 61.95 cents (interim)

• March 2018 – 62.61 cents (final)

• September 2018 – 72.80 cents (interim)

• March 2019 – 127.06 cents (final)

• September 2019 – 53.24 cents (interim)

• March 2020 – 83.13 cents (final)

• September 2020 – 36.24 cents (interim)

• March 2021 – 15.29 cents (final)

• September 2021 – 41.03 cents (interim)

• March 2022 – 146.15 cents (final)

In total, Woodside has paid $6.99 in dividends to shareholders from this time in 2017.

At yesterday’s closing price of $31, the company has a trailing dividend yield of 6.03%.

How does this compare with the Santos dividend?

Like Woodside, the Santos Ltd (ASX: STO) share price has also surged recently.

In fact, Australia’s second-largest energy company by market capitalisation is up 10% year to date, and up around 140% since 2017.

When looking at the dividend history, Santos has distributed a total of 58.5 cents to shareholders since 2017.

Although this may seem minuscule, it’s worth noting that Santos shares fetch considerably lower than its peer at $6.97 apiece.

However, when comparing the energy giants against each other, the Woodside dividend offers better value.

Currently, Santos has a trailing dividend yield of 2.79%.

Woodside share price snapshot

The Woodside share price is up 32% over the last 12 months and more than 40% in 2022.

The company has a price-to-earnings (P/E) ratio of 16.50 and commands a market capitalisation of roughly $58.58 billion.

The post How does the Woodside dividend compare to Santos over the last 5 years? appeared first on The Motley Fool Australia.

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More reading

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• What’s the outlook for ASX 200 energy shares in FY23?
• Worley shares dip despite deal with Santos
• 5 things to watch on the ASX 200 on Tuesday
• 5 things to watch on the ASX 200 on Monday

Motley Fool contributor Aaron Teboneras 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 Scott Phillips.

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