Spark New Zealand Dividend
Dividend criteria checks 4/6
Spark New Zealand is a dividend paying company with a current yield of 8.55%.
Key information
8.5%
Dividend yield
159%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.280 |
| Earnings per share | NZ$0.17 |
| Dividend yield forecast | 8.6% |
Recent dividend updates
Spark New Zealand (NZSE:SPK) Is Paying Out A Dividend Of NZ$0.1647
Aug 26
Spark New Zealand (NZSE:SPK) Is Increasing Its Dividend To NZ$0.1588
Sep 04Recent updates
Are Investors Undervaluing Spark New Zealand Limited (NZSE:SPK) By 41%?
Sep 11Spark New Zealand (NZSE:SPK) Is Paying Out A Dividend Of NZ$0.1647
Aug 26Some Shareholders Feeling Restless Over Spark New Zealand Limited's (NZSE:SPK) P/E Ratio
Aug 01Is Spark New Zealand (NZSE:SPK) Using Too Much Debt?
Jun 07Spark New Zealand Limited (NZSE:SPK) Shares Could Be 41% Below Their Intrinsic Value Estimate
May 22Return Trends At Spark New Zealand (NZSE:SPK) Aren't Appealing
May 03Spark New Zealand Limited's (NZSE:SPK) Shares May Have Run Too Fast Too Soon
Apr 01Spark New Zealand Limited Just Missed EPS By 9.5%: Here's What Analysts Think Will Happen Next
Mar 01Calculating The Intrinsic Value Of Spark New Zealand Limited (NZSE:SPK)
Jan 26Spark New Zealand (NZSE:SPK) Is Investing Its Capital With Increasing Efficiency
Jan 11Spark New Zealand Limited's (NZSE:SPK) Low P/E No Reason For Excitement
Dec 22Here's Why We Think Spark New Zealand (NZSE:SPK) Is Well Worth Watching
Nov 30We Think Spark New Zealand (NZSE:SPK) Can Stay On Top Of Its Debt
Oct 13Returns on Capital Paint A Bright Future For Spark New Zealand (NZSE:SPK)
Sep 29Spark New Zealand (NZSE:SPK) Is Increasing Its Dividend To NZ$0.1588
Sep 04Spark New Zealand (NZSE:SPK) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1588
Aug 21We Think Spark New Zealand (NZSE:SPK) Can Manage Its Debt With Ease
Jun 27Does This Valuation Of Spark New Zealand Limited (NZSE:SPK) Imply Investors Are Overpaying?
May 31Returns on Capital Paint A Bright Future For Spark New Zealand (NZSE:SPK)
Apr 12Is Spark New Zealand (NZSE:SPK) A Risky Investment?
Mar 25Spark New Zealand's (NZSE:SPK) Earnings Are Weaker Than They Seem
Mar 01Are Spark New Zealand Limited (NZSE:SPK) Investors Paying Above The Intrinsic Value?
Jan 18Investors Met With Slowing Returns on Capital At Spark New Zealand (NZSE:SPK)
Dec 28Here's Why Spark New Zealand (NZSE:SPK) Can Manage Its Debt Responsibly
Dec 10Estimating The Fair Value Of Spark New Zealand Limited (NZSE:SPK)
Oct 16The Returns At Spark New Zealand (NZSE:SPK) Aren't Growing
Sep 28Spark New Zealand's (NZSE:SPK) Dividend Will Be NZ$0.1471
Sep 09Spark New Zealand (NZSE:SPK) Is Paying Out A Dividend Of NZ$0.1471
Aug 26Does Spark New Zealand (NZSE:SPK) Have A Healthy Balance Sheet?
Aug 24Spark New Zealand Limited (NZSE:SPK) Shares Could Be 29% Below Their Intrinsic Value Estimate
Jul 01Spark New Zealand (NZSE:SPK) Looks To Prolong Its Impressive Returns
May 22Spark New Zealand (NZSE:SPK) Seems To Use Debt Quite Sensibly
Apr 06Spark New Zealand (NZSE:SPK) Will Pay A Dividend Of NZ$0.15
Feb 25Spark New Zealand Limited's (NZSE:SPK) Intrinsic Value Is Potentially 32% Above Its Share Price
Feb 24Returns At Spark New Zealand (NZSE:SPK) Appear To Be Weighed Down
Dec 11Does Spark New Zealand (NZSE:SPK) Have A Healthy Balance Sheet?
Nov 15Estimating The Fair Value Of Spark New Zealand Limited (NZSE:SPK)
Sep 30Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SPK) | 8.5% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.0% |
| Industry Average (Telecom) | 4.7% |
| Analyst forecast (SPK) (up to 3 years) | 8.6% |
Notable Dividend: SPK's dividend (8.55%) is higher than the bottom 25% of dividend payers in the NZ market (3.41%).
High Dividend: SPK's dividend (8.55%) is in the top 25% of dividend payers in the NZ market (6%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (158.8%), SPK's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (309.7%), SPK's dividend payments are not well covered by cash flows.