Mercury NZ Dividend
Dividend criteria checks 2/6
Mercury NZ is a dividend paying company with a current yield of 3.7%. Next payment date is on 30th September, 2024 with an ex-dividend date of 11th September, 2024.
Key information
3.7%
Dividend yield
112%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 11 Sep 24 |
| Dividend per share | NZ$0.240 |
| Earnings per share | NZ$0.21 |
| Dividend yield forecast | 4.3% |
Recent dividend updates
Recent updates
Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.1647
Aug 22
Mercury NZ Limited's (NZSE:MCY) Intrinsic Value Is Potentially 53% Above Its Share Price
Jun 30Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?
Jun 11Subdued Growth No Barrier To Mercury NZ Limited's (NZSE:MCY) Price
May 21Mercury NZ Limited Just Beat Revenue By 19%: Here's What Analysts Think Will Happen Next
Feb 22Mercury NZ Limited's (NZSE:MCY) Share Price Could Signal Some Risk
Dec 29Is Mercury NZ (NZSE:MCY) A Risky Investment?
Oct 04Here's Why Mercury NZ Limited's (NZSE:MCY) CEO Compensation Is The Least Of Shareholders' Concerns
Sep 12Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1541
Sep 06Mercury NZ's (NZSE:MCY) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 23Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)
Jun 29Here'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 19Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
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.
Dividend Yield vs Market
| Mercury NZ Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCY) | 3.7% |
| Market Bottom 25% (NZ) | 3.5% |
| Market Top 25% (NZ) | 6.0% |
| Industry Average (Electric Utilities) | 5.0% |
| Analyst forecast (MCY) (up to 3 years) | 4.3% |
Notable Dividend: MCY's dividend (3.7%) is higher than the bottom 25% of dividend payers in the NZ market (3.49%).
High Dividend: MCY's dividend (3.7%) is low compared to the top 25% of dividend payers in the NZ market (6.03%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (111.7%), MCY's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (120.4%), MCY's dividend payments are not well covered by cash flows.