With the 8% dividend yield, is the Woodside share price a buy?

Cheerful businessman with a mining hat on the table sitting back with his arms behind his head while looking at his laptop's screen.

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The ASX energy share Woodside Energy Group Ltd (ASX: WDS) has been heavily sold off in the last several weeks, largely spurred by volatility in energy markets. This decline may be providing investors an opportunity to gain a large passive income boost.

Woodside is one of the biggest energy businesses in the Asia Pacific region, but it’s just as exposed to energy prices as it was a few years ago before various acquisitions.

One of the advantages of buying after a share price decline is that investors can get a stronger dividend yield. For example, if a business had a dividend yield of 7% and the share price fell 10%, the yield would then become 7.7%.

As the chart below shows, since the start of 2025, the…

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