Spark New Zealand Limited

NZSE:SPK Stock Report

Market Cap: NZ$8.6b

Spark New Zealand Dividend

Dividend criteria checks 3/6

Spark New Zealand is a dividend paying company with a current yield of 5.81%.

Key information

5.8%

Dividend yield

117%

Payout ratio

Industry average yield5.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareNZ$0.24
Dividend yield forecast in 3Y6.2%

Recent dividend updates

Spark New Zealand (NZSE:SPK) Is Increasing Its Dividend To NZ$0.1588

Sep 04
Spark New Zealand (NZSE:SPK) Is Increasing Its Dividend To NZ$0.1588

Spark New Zealand (NZSE:SPK) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1588

Aug 21
Spark New Zealand (NZSE:SPK) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1588

Recent updates

Spark New Zealand Limited's (NZSE:SPK) Shares May Have Run Too Fast Too Soon

Apr 01
Spark New Zealand Limited's (NZSE:SPK) Shares May Have Run Too Fast Too Soon

Spark New Zealand Limited Just Missed EPS By 9.5%: Here's What Analysts Think Will Happen Next

Mar 01
Spark New Zealand Limited Just Missed EPS By 9.5%: Here's What Analysts Think Will Happen Next

Calculating The Intrinsic Value Of Spark New Zealand Limited (NZSE:SPK)

Jan 26
Calculating The Intrinsic Value Of Spark New Zealand Limited (NZSE:SPK)

Spark New Zealand (NZSE:SPK) Is Investing Its Capital With Increasing Efficiency

Jan 11
Spark New Zealand (NZSE:SPK) Is Investing Its Capital With Increasing Efficiency

Spark New Zealand Limited's (NZSE:SPK) Low P/E No Reason For Excitement

Dec 22
Spark New Zealand Limited's (NZSE:SPK) Low P/E No Reason For Excitement

Here's Why We Think Spark New Zealand (NZSE:SPK) Is Well Worth Watching

Nov 30
Here's Why We Think Spark New Zealand (NZSE:SPK) Is Well Worth Watching

We Think Spark New Zealand (NZSE:SPK) Can Stay On Top Of Its Debt

Oct 13
We Think Spark New Zealand (NZSE:SPK) Can Stay On Top Of Its Debt

Returns on Capital Paint A Bright Future For Spark New Zealand (NZSE:SPK)

Sep 29
Returns on Capital Paint A Bright Future For Spark New Zealand (NZSE:SPK)

Spark New Zealand (NZSE:SPK) Is Increasing Its Dividend To NZ$0.1588

Sep 04
Spark New Zealand (NZSE:SPK) Is Increasing Its Dividend To NZ$0.1588

Spark New Zealand (NZSE:SPK) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1588

Aug 21
Spark New Zealand (NZSE:SPK) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1588

We Think Spark New Zealand (NZSE:SPK) Can Manage Its Debt With Ease

Jun 27
We Think Spark New Zealand (NZSE:SPK) Can Manage Its Debt With Ease

Does This Valuation Of Spark New Zealand Limited (NZSE:SPK) Imply Investors Are Overpaying?

May 31
Does This Valuation Of Spark New Zealand Limited (NZSE:SPK) Imply Investors Are Overpaying?

Returns on Capital Paint A Bright Future For Spark New Zealand (NZSE:SPK)

Apr 12
Returns on Capital Paint A Bright Future For Spark New Zealand (NZSE:SPK)

Is Spark New Zealand (NZSE:SPK) A Risky Investment?

Mar 25
Is Spark New Zealand (NZSE:SPK) A Risky Investment?

Spark New Zealand's (NZSE:SPK) Earnings Are Weaker Than They Seem

Mar 01
Spark New Zealand's (NZSE:SPK) Earnings Are Weaker Than They Seem

Are Spark New Zealand Limited (NZSE:SPK) Investors Paying Above The Intrinsic Value?

Jan 18
Are Spark New Zealand Limited (NZSE:SPK) Investors Paying Above The Intrinsic Value?

Investors Met With Slowing Returns on Capital At Spark New Zealand (NZSE:SPK)

Dec 28
Investors Met With Slowing Returns on Capital At Spark New Zealand (NZSE:SPK)

Here's Why Spark New Zealand (NZSE:SPK) Can Manage Its Debt Responsibly

Dec 10
Here's Why Spark New Zealand (NZSE:SPK) Can Manage Its Debt Responsibly

Estimating The Fair Value Of Spark New Zealand Limited (NZSE:SPK)

Oct 16
Estimating The Fair Value Of Spark New Zealand Limited (NZSE:SPK)

The Returns At Spark New Zealand (NZSE:SPK) Aren't Growing

Sep 28
The Returns At Spark New Zealand (NZSE:SPK) Aren't Growing

Spark New Zealand's (NZSE:SPK) Dividend Will Be NZ$0.1471

Sep 09
Spark New Zealand's (NZSE:SPK) Dividend Will Be NZ$0.1471

Spark New Zealand (NZSE:SPK) Is Paying Out A Dividend Of NZ$0.1471

Aug 26
Spark New Zealand (NZSE:SPK) Is Paying Out A Dividend Of NZ$0.1471

Does Spark New Zealand (NZSE:SPK) Have A Healthy Balance Sheet?

Aug 24
Does Spark New Zealand (NZSE:SPK) Have A Healthy Balance Sheet?

Spark New Zealand Limited (NZSE:SPK) Shares Could Be 29% Below Their Intrinsic Value Estimate

Jul 01
Spark New Zealand Limited (NZSE:SPK) Shares Could Be 29% Below Their Intrinsic Value Estimate

Spark New Zealand (NZSE:SPK) Looks To Prolong Its Impressive Returns

May 22
Spark New Zealand (NZSE:SPK) Looks To Prolong Its Impressive Returns

Spark New Zealand (NZSE:SPK) Seems To Use Debt Quite Sensibly

Apr 06
Spark New Zealand (NZSE:SPK) Seems To Use Debt Quite Sensibly

Spark New Zealand (NZSE:SPK) Will Pay A Dividend Of NZ$0.15

Feb 25
Spark New Zealand (NZSE:SPK) Will Pay A Dividend Of NZ$0.15

Spark New Zealand Limited's (NZSE:SPK) Intrinsic Value Is Potentially 32% Above Its Share Price

Feb 24
Spark New Zealand Limited's (NZSE:SPK) Intrinsic Value Is Potentially 32% Above Its Share Price

Returns At Spark New Zealand (NZSE:SPK) Appear To Be Weighed Down

Dec 11
Returns At Spark New Zealand (NZSE:SPK) Appear To Be Weighed Down

Does Spark New Zealand (NZSE:SPK) Have A Healthy Balance Sheet?

Nov 15
Does Spark New Zealand (NZSE:SPK) Have A Healthy Balance Sheet?

Estimating The Fair Value Of Spark New Zealand Limited (NZSE:SPK)

Sep 30
Estimating The Fair Value Of Spark New Zealand Limited (NZSE:SPK)

Spark New Zealand (NZSE:SPK) Will Pay A Dividend Of NZ$0.15

Sep 03
Spark New Zealand (NZSE:SPK) Will Pay A Dividend Of NZ$0.15

Spark New Zealand's (NZSE:SPK) Returns Have Hit A Wall

Jul 12
Spark New Zealand's (NZSE:SPK) Returns Have Hit A Wall

A Look At The Fair Value Of Spark New Zealand Limited (NZSE:SPK)

Jun 25
A Look At The Fair Value Of Spark New Zealand Limited (NZSE:SPK)

Consider This Before Buying Spark New Zealand Limited (NZSE:SPK) For The 5.5% Dividend

May 09
Consider This Before Buying Spark New Zealand Limited (NZSE:SPK) For The 5.5% Dividend

Return Trends At Spark New Zealand (NZSE:SPK) Aren't Appealing

Apr 10
Return Trends At Spark New Zealand (NZSE:SPK) Aren't Appealing

Calculating The Fair Value Of Spark New Zealand Limited (NZSE:SPK)

Mar 26
Calculating The Fair Value Of Spark New Zealand Limited (NZSE:SPK)

It Might Not Be A Great Idea To Buy Spark New Zealand Limited (NZSE:SPK) For Its Next Dividend

Mar 13
It Might Not Be A Great Idea To Buy Spark New Zealand Limited (NZSE:SPK) For Its Next Dividend

Is Spark New Zealand (NZSE:SPK) Using Too Much Debt?

Mar 10
Is Spark New Zealand (NZSE:SPK) Using Too Much Debt?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SPK's dividends per share have been stable in the past 10 years.

Growing Dividend: SPK's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Spark New Zealand Dividend Yield vs Market
How does SPK dividend yield compare to the market?
SegmentDividend Yield
Company (SPK)5.8%
Market Bottom 25% (NZ)3.1%
Market Top 25% (NZ)7.0%
Industry Average (Telecom)5.2%
Analyst forecast in 3 Years (SPK)6.2%

Notable Dividend: SPK's dividend (5.81%) is higher than the bottom 25% of dividend payers in the NZ market (3.15%).

High Dividend: SPK's dividend (5.81%) is low compared to the top 25% of dividend payers in the NZ market (7.02%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (117.1%), SPK's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (335.5%), SPK's dividend payments are not well covered by cash flows.


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