Spark New Zealand Dividend
Dividend criteria checks 4/6
Spark New Zealand is a dividend paying company with a current yield of 5.71%.
Key information
5.7%
Dividend yield
117%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.24 |
Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NZTA's dividends per share have been stable in the past 10 years.
Growing Dividend: NZTA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Spark New Zealand Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NZTA) | 5.7% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Telecom) | 3.3% |
Analyst forecast in 3 Years (NZTA) | 6.1% |
Notable Dividend: NZTA's dividend (5.71%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: NZTA's dividend (5.71%) is in the top 25% of dividend payers in the German market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (117.1%), NZTA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (335.5%), NZTA's dividend payments are not well covered by cash flows.