NZME Dividend
Dividend criteria checks 3/6
NZME is a dividend paying company with a current yield of 10.47%.
Key information
10.5%
Dividend yield
129%
Payout ratio
Industry average yield | 5.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NZ$0.069 |
Dividend yield forecast in 3Y | 11.0% |
Recent dividend updates
Recent updates
Improved Earnings Required Before NZME Limited (NZSE:NZM) Stock's 27% Jump Looks Justified
Jan 01We Like These Underlying Return On Capital Trends At NZME (NZSE:NZM)
Dec 21NZME's (NZSE:NZM) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27NZME's (NZSE:NZM) Dividend Will Be NZ$0.0353
Sep 08NZME (NZSE:NZM) Is Paying Out A Dividend Of NZ$0.0353
Aug 25NZME (NZSE:NZM) Might Have The Makings Of A Multi-Bagger
Mar 25NZME (NZSE:NZM) Is Doing The Right Things To Multiply Its Share Price
Nov 21NZME (NZSE:NZM) Has A Pretty Healthy Balance Sheet
Nov 03Returns Are Gaining Momentum At NZME (NZSE:NZM)
Aug 20Is Now The Time To Look At Buying NZME Limited (NZSE:NZM)?
Jul 02NZME (NZSE:NZM) Is Looking To Continue Growing Its Returns On Capital
May 04Here's Why Shareholders May Want To Be Cautious With Increasing NZME Limited's (NZSE:NZM) CEO Pay Packet
Apr 09Is NZME (NZSE:NZM) Using Too Much Debt?
Mar 16Earnings Update: Here's Why Analysts Just Lifted Their NZME Limited (NZSE:NZM) Price Target To NZ$0.99
Feb 26How Many NZME Limited (NZSE:NZM) Shares Did Insiders Buy, In The Last Year?
Feb 14How Much Is NZME's (NZSE:NZM) CEO Getting Paid?
Dec 21Here's What NZME Limited's (NZSE:NZM) Shareholder Ownership Structure Looks Like
Nov 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NZM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NZM's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
NZME Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (NZM) | 10.5% |
Market Bottom 25% (NZ) | 3.1% |
Market Top 25% (NZ) | 7.0% |
Industry Average (Media) | 5.3% |
Analyst forecast in 3 Years (NZM) | 11.0% |
Notable Dividend: NZM's dividend (10.47%) is higher than the bottom 25% of dividend payers in the NZ market (3.15%).
High Dividend: NZM's dividend (10.47%) is in the top 25% of dividend payers in the NZ market (7.02%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (129.4%), NZM's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (55.1%), NZM's dividend payments are covered by cash flows.