Mercury NZ Dividend
Dividend criteria checks 2/6
Mercury NZ is a dividend paying company with a current yield of 3.58%.
Key information
3.6%
Dividend yield
818%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.027 |
Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MCY's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Mercury NZ Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MCY) | 3.6% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Electric Utilities) | 5.0% |
Analyst forecast in 3 Years (MCY) | 4.2% |
Notable Dividend: MCY's dividend (3.58%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: MCY's dividend (3.58%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (818%), MCY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (199.3%), MCY's dividend payments are not well covered by cash flows.