Mercury NZ Dividends and Buybacks
Dividend criteria checks 2/6
Mercury NZ is a dividend paying company with a current yield of 3.51%.
Key information
3.5%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 3.5% |
| Future Dividend Yield | 4.1% |
| Dividend Growth | -5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.240 |
| Payout ratio | 112% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MRY's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Mercury NZ Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MRY) | 3.5% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Electric Utilities) | 4.8% |
| Analyst forecast (MRY) (up to 3 years) | 4.1% |
Notable Dividend: MRY's dividend (3.51%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: MRY's dividend (3.51%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111.7%), MRY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (120.8%), MRY's dividend payments are not well covered by cash flows.