Meridian Energy Dividends and Buybacks
Dividend criteria checks 3/6
Meridian Energy is a dividend paying company with a current yield of 3.57%.
Key information
3.6%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 3.6% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | -6.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.210 |
| Payout ratio | 127% |
Recent dividend and buyback updates
Recent updates
Capital Allocation Trends At Meridian Energy (NZSE:MEL) Aren't Ideal
Nov 25
Analyst Forecasts Just Became More Bearish On Meridian Energy Limited (NZSE:MEL)
Oct 16Meridian Energy (NZSE:MEL) Has A Pretty Healthy Balance Sheet
Oct 07Be Wary Of Meridian Energy (NZSE:MEL) And Its Returns On Capital
Aug 19Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 51% Above Its Share Price
Jul 12Meridian Energy (NZSE:MEL) Takes On Some Risk With Its Use Of Debt
Jun 20The Returns On Capital At Meridian Energy (NZSE:MEL) Don't Inspire Confidence
May 21Some Shareholders Feeling Restless Over Meridian Energy Limited's (NZSE:MEL) P/S Ratio
May 03Meridian Energy Limited's (NZSE:MEL) Intrinsic Value Is Potentially 63% Above Its Share Price
Apr 02We 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 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MEL's dividends per share have been stable in the past 10 years.
Growing Dividend: MEL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Meridian Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MEL) | 3.6% |
| Market Bottom 25% (NZ) | 3.5% |
| Market Top 25% (NZ) | 6.3% |
| Industry Average (Renewable Energy) | 2.7% |
| Analyst forecast (MEL) (up to 3 years) | 4.8% |
Notable Dividend: MEL's dividend (3.57%) is higher than the bottom 25% of dividend payers in the NZ market (3.52%).
High Dividend: MEL's dividend (3.57%) is low compared to the top 25% of dividend payers in the NZ market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (126.7%), MEL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (158.2%), MEL's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 10:38 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Meridian Energy Limited is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nevill Gluyas | Credit Suisse |
| Grant Swanepoel | Deutsche Bank |
| Bruce McKay | Edison Investment Research |