NZME Dividend
Dividend criteria checks 3/6
NZME is a dividend paying company with a current yield of 9.28%.
Key information
9.3%
Dividend yield
98%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.093 |
Dividend yield forecast in 3Y | 10.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NZME.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NZME.F's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
NZME Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (NZME.F) | 9.3% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Media) | 2.9% |
Analyst forecast in 3 Years (NZME.F) | 10.3% |
Notable Dividend: NZME.F's dividend (9.28%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: NZME.F's dividend (9.28%) is in the top 25% of dividend payers in the US market (4.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (98.4%), NZME.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.7%), NZME.F's dividend payments are covered by cash flows.