Meridian Energy Dividends and Buybacks
Dividend criteria checks 3/6
Meridian Energy is a dividend paying company with a current yield of 3.57%.
Key information
3.6%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | -6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.210 |
| Payout ratio | 127% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MEZ's dividends per share have been stable in the past 10 years.
Growing Dividend: MEZ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Meridian Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEZ) | 3.6% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (MEZ) (up to 3 years) | 4.8% |
Notable Dividend: MEZ's dividend (3.57%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: MEZ's dividend (3.57%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (126.7%), MEZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (158.2%), MEZ's dividend payments are not well covered by cash flows.