Spark New Zealand Dividends and Buybacks
Dividend criteria checks 4/6
Spark New Zealand is a dividend paying company with a current yield of 9.41%.
Key information
9.4%
Dividend yield
2.9%
Buyback Yield
| Total Shareholder Yield | 12.3% |
| Future Dividend Yield | 8.2% |
| Dividend Growth | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.280 |
| Payout ratio | 159% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NZTC.F's dividends per share have been stable in the past 10 years.
Growing Dividend: NZTC.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Spark New Zealand Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NZTC.F) | 9.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Telecom) | 6.4% |
| Analyst forecast (NZTC.F) (up to 3 years) | 8.2% |
Notable Dividend: NZTC.F's dividend (9.41%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: NZTC.F's dividend (9.41%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (158.8%), NZTC.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (314.8%), NZTC.F's dividend payments are not well covered by cash flows.