Meridian Energy Dividend
Dividend criteria checks 1/6
Meridian Energy is a dividend paying company with a current yield of 2.91%.
Key information
2.9%
Dividend yield
549%
Payout ratio
Industry average yield | 2.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.033 |
Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MEZ has been paying a dividend for less than 10 years.
Growing Dividend: MEZ's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Meridian Energy Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MEZ) | 2.9% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Renewable Energy) | 2.6% |
Analyst forecast in 3 Years (MEZ) | 3.9% |
Notable Dividend: MEZ's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Australian market (2.61%).
High Dividend: MEZ's dividend (2.91%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (548.8%), MEZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (223.8%), MEZ's dividend payments are not well covered by cash flows.