Mercury NZ Dividend
Dividend criteria checks 3/6
Mercury NZ is a dividend paying company with a current yield of 3.01%.
Key information
3.0%
Dividend yield
104%
Payout ratio
| Industry average yield | 3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.20 |
| Earnings per share | NZ$0.20 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1024
Feb 26
Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year
Aug 18Recent updates
Here's Why Mercury NZ (NZSE:MCY) Can Manage Its Debt Responsibly
May 22Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 29% Undervaluation?
Mar 25Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1024
Feb 26Does Mercury NZ (NZSE:MCY) Deserve A Spot On Your Watchlist?
Feb 05Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?
Dec 19Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 20% Undervaluation?
Dec 05We Ran A Stock Scan For Earnings Growth And Mercury NZ (NZSE:MCY) Passed With Ease
Oct 24Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly
Sep 02Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year
Aug 18Analysts Are Betting On Mercury NZ Limited (NZSE:MCY) With A Big Upgrade This Week
Aug 16Mercury NZ Limited (NZSE:MCY) Shares Could Be 24% Below Their Intrinsic Value Estimate
May 18Here's Why Mercury NZ (NZSE:MCY) Has A Meaningful Debt Burden
Mar 28The Consensus EPS Estimates For Mercury NZ Limited (NZSE:MCY) Just Fell Dramatically
Feb 26Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.094
Feb 24Mercury NZ (NZSE:MCY) Has A Somewhat Strained Balance Sheet
Oct 07Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.12
Sep 02Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.12
Aug 19Returns At Mercury NZ (NZSE:MCY) Appear To Be Weighed Down
Jul 28Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)
Jun 25Would Mercury NZ Limited (NZSE:MCY) Be Valuable To Income Investors?
May 03Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly
Mar 13News Flash: Analysts Just Made A Substantial Upgrade To Their Mercury NZ Limited (NZSE:MCY) Forecasts
Feb 28Mercury NZ Limited Beat Revenue Forecasts By 39%: Here's What Analysts Are Forecasting Next
Feb 25Will Mercury NZ (NZSE:MCY) Multiply In Value Going Forward?
Feb 14
Mercury NZ Limited (NZSE:MCY) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Jan 30Are Dividend Investors Making A Mistake With Mercury NZ Limited (NZSE:MCY)?
Jan 15Read This Before Selling Mercury NZ Limited (NZSE:MCY) Shares
Jan 01How Much Of Mercury NZ Limited (NZSE:MCY) Do Institutions Own?
Dec 19Shareholders Of Mercury NZ (NZSE:MCY) Must Be Happy With Their 209% Total Return
Dec 07Mercury NZ Limited's (NZSE:MCY) Intrinsic Value Is Potentially 23% Below Its Share Price
Nov 24Dividend Yield vs Market
| Mercury NZ Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCY) | 3.0% |
| Market Bottom 25% (NZ) | 3.0% |
| Market Top 25% (NZ) | 6.2% |
| Industry Average (Electric Utilities) | 3.5% |
| Analyst forecast in 3 Years (MCY) | 3.9% |
Notable Dividend: MCY's dividend (3.01%) is higher than the bottom 25% of dividend payers in the NZ market (2.96%).
High Dividend: MCY's dividend (3.01%) is low compared to the top 25% of dividend payers in the NZ market (6.25%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 6/30/2025 | 0.26 | 3.9% |
| 6/30/2024 | 0.23 | 3.5% |
| 6/30/2023 | 0.22 | 0% |
| 6/2/2023 | 0.2 | 3% |
| 8/17/2022 | 0.2 | 3.4% |
| 8/16/2022 | 0.22 | 3.4% |
| 2/22/2022 | 0.18 | 3.1% |
| 8/16/2021 | 0.17 | 2.8% |
| 8/18/2020 | 0.16 | 2.6% |
| 8/19/2019 | 0.15 | 3.2% |
| 2/25/2019 | 0.15 | 3.7% |
| 8/21/2018 | 0.15 | 4.4% |
| 2/26/2018 | 0.2 | 6% |
| 8/22/2017 | 0.2 | 5.9% |
| 8/21/2017 | 0.2 | 5.5% |
| 2/20/2017 | 0.18 | 5.6% |
| 8/23/2016 | 0.19 | 6.2% |
| 8/28/2015 | 0.14 | 5% |
| 8/27/2015 | 0.14 | 5.1% |
| 2/23/2015 | 0.14 | 4.8% |
| 8/20/2014 | 0.14 | 4.7% |
| 2/26/2014 | 0.13 | 5.8% |
| 8/27/2013 | 0.13 | 6.1% |
Stable Dividend: MCY's dividend payments have been volatile in the past 10 years.
Growing Dividend: MCY's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (104%), MCY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.3%), MCY's dividend payments are covered by cash flows.