Whitehaven paid twice-yearly dividends between 2009 and 2012 before stopping its payouts. It resumed paying dividends in 2017 until 2020. The company did not pay out a dividend in 2021 after it posted a net loss after tax.
However, soaring coal prices saw the Whitehaven Coal share price rocket in 2022 and the company reinstated its dividends, paying an interim dividend of 8 cents a share, unfranked, and a final dividend of 40 cents a share, fully franked.