NZME Dividend
Dividend criteria checks 3/6
NZME is a dividend paying company with a current yield of 10.47%.
Key information
10.5%
Dividend yield
129%
Payout ratio
Industry average yield | 5.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.069 |
Dividend yield forecast in 3Y | 11.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NZM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NZM's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
NZME Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NZM) | 10.5% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Media) | 5.1% |
Analyst forecast in 3 Years (NZM) | 11.0% |
Notable Dividend: NZM's dividend (10.47%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: NZM's dividend (10.47%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (129.4%), NZM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.1%), NZM's dividend payments are covered by cash flows.