Meridian Energy Dividend
Dividend criteria checks 0/6
Meridian Energy is a dividend paying company with a current yield of 3.02%.
Key information
3.0%
Dividend yield
549%
Payout ratio
| Industry average yield | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NZ$0.033 |
| Dividend yield forecast in 3Y | 4.0% |
Recent dividend updates
Recent updates
Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 63% Above Its Share Price
Apr 02
We Think Meridian Energy (NZSE:MEL) Is Taking Some Risk With Its Debt
Feb 29Meridian Energy Limited's (NZSE:MEL) Business Is Yet to Catch Up With Its Share Price
Jan 26Returns On Capital Signal Difficult Times Ahead For Meridian Energy (NZSE:MEL)
Jan 08Is Meridian Energy Limited (NZSE:MEL) Trading At A 37% Discount?
Dec 21Is Meridian Energy (NZSE:MEL) Using Too Much Debt?
Nov 04Here's Why Shareholders May Want To Be Cautious With Increasing Meridian Energy Limited's (NZSE:MEL) CEO Pay Packet
Oct 05Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 38% Above Its Share Price
Sep 16With EPS Growth And More, Meridian Energy (NZSE:MEL) Makes An Interesting Case
Aug 18Investors Will Want Meridian Energy's (NZSE:MEL) Growth In ROCE To Persist
Jul 30Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 39% Above Its Share Price
Jun 15Here's Why We Think Meridian Energy (NZSE:MEL) Is Well Worth Watching
May 19There's Been No Shortage Of Growth Recently For Meridian Energy's (NZSE:MEL) Returns On Capital
Apr 19Is Meridian Energy (NZSE:MEL) Using Too Much Debt?
Mar 09An Intrinsic Calculation For Meridian Energy Limited (NZSE:MEL) Suggests It's 29% Undervalued
Feb 24Should You Be Adding Meridian Energy (NZSE:MEL) To Your Watchlist Today?
Jan 11Meridian Energy (NZSE:MEL) Is Looking To Continue Growing Its Returns On Capital
Dec 28Is There An Opportunity With Meridian Energy Limited's (NZSE:MEL) 44% Undervaluation?
Nov 21Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?
Nov 09Shareholders May Be More Conservative With Meridian Energy Limited's (NZSE:MEL) CEO Compensation For Now
Oct 11Meridian Energy (NZSE:MEL) Is Looking To Continue Growing Its Returns On Capital
Sep 19Does Meridian Energy (NZSE:MEL) Deserve A Spot On Your Watchlist?
Aug 16Meridian Energy (NZSE:MEL) Has Some Way To Go To Become A Multi-Bagger
Jun 06Here's Why I Think Meridian Energy (NZSE:MEL) Might Deserve Your Attention Today
May 10Are Investors Undervaluing Meridian Energy Limited (NZSE:MEL) By 50%?
Apr 08These 4 Measures Indicate That Meridian Energy (NZSE:MEL) Is Using Debt Reasonably Well
Mar 26Meridian Energy (NZSE:MEL) Has Some Way To Go To Become A Multi-Bagger
Mar 02I Ran A Stock Scan For Earnings Growth And Meridian Energy (NZSE:MEL) Passed With Ease
Jan 15Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 97% Above Its Share Price
Dec 31Does Meridian Energy (NZSE:MEL) Have A Healthy Balance Sheet?
Dec 18Meridian Energy (NZSE:MEL) Is Doing The Right Things To Multiply Its Share Price
Nov 19Meridian Energy (NZSE:MEL) Could Easily Take On More Debt
Sep 10With EPS Growth And More, Meridian Energy (NZSE:MEL) Is Interesting
Aug 29Meridian Energy's (NZSE:MEL) Returns Have Hit A Wall
Aug 16Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 49% Above Its Share Price
May 30The Returns At Meridian Energy (NZSE:MEL) Aren't Growing
May 16Meridian Energy (NZSE:MEL) Takes On Some Risk With Its Use Of Debt
Apr 06Have Insiders Sold Meridian Energy Limited (NZSE:MEL) Shares Recently?
Mar 11Earnings Update: Meridian Energy Limited (NZSE:MEL) Just Reported Its Interim Results And Analysts Are Updating Their Forecasts
Feb 26Shareholders Of Meridian Energy (NZSE:MEL) Must Be Happy With Their 263% Total Return
Feb 10
A Quick Analysis On Meridian Energy's (NZSE:MEL) CEO Salary
Jan 26Should You Use Meridian Energy's (NZSE:MEL) Statutory Earnings To Analyse It?
Jan 08Our Take On The Returns On Capital At Meridian Energy (NZSE:MEL)
Dec 21How Many Meridian Energy Limited (NZSE:MEL) Shares Do Institutions Own?
Dec 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MEL has been paying a dividend for less than 10 years.
Growing Dividend: MEL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Meridian Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEL) | 3.0% |
| Market Bottom 25% (NZ) | 3.1% |
| Market Top 25% (NZ) | 7.0% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast in 3 Years (MEL) | 4.0% |
Notable Dividend: MEL's dividend (3.02%) isn’t notable compared to the bottom 25% of dividend payers in the NZ market (3.15%).
High Dividend: MEL's dividend (3.02%) 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 (548.8%), MEL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (223.8%), MEL's dividend payments are not well covered by cash flows.