Dividends for Mercury NZ in 2024 (Updated Date)
Mercury NZ logo
Mercury NZ
Price 6.56NZD
-0.14 (-2.16%)
Dividend Yield 3.41%
Payout Ratio 710.10%
Dividend Growth 8 years
ISIN NZMRPE0001S2
Ticker MCY
Sector Utilities
Industry Utilities - Renewable
Index S&P/NZX50
Updated: Jun 27, 2024, 4:59:46 AM (UTC)

Mercury NZ Dividends

Time for the next dividend:
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Confirmed
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Dividend/share amount Ex-dividend Date Payment Date Dividend Yield
Next Dividend $0.093 3/13/24 4/2/24 1.36%
0.85%
Last Dividend $0.131 9/13/23 9/29/23 2.21%
Logo de Mercury NZ Price
Mercury NZ Price-

Mercury NZ Dividend Calendar

Event Day
Last trading date March 12, 2024
Ex-date March 13, 2024
Record date March 14, 2024
Payable date April 2, 2024

*Dividend data confirmed by the company
Source: Mercury NZ
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Mercury NZ dividend history

Ex-DateAmountVariationDiv. Yield
2024$0.093 57.34% 1.36%
3/13/24$0.0931.36%
2023$0.218 9.00% 3.58%
9/13/23$0.1312.21%
3/15/23$0.0871.39%
2022$0.2 17.65% 3.42%
9/14/22$0.122.01%
3/16/22$0.081.39%
2021$0.17 7.59% 2.75%
9/14/21$0.1021.57%
3/11/21$0.0681.16%
2020$0.158 1.94% 3.28%
9/14/20$0.0941.81%
3/12/20$0.0641.44%
2019$0.155 2.65% 3.45%
9/12/19$0.0931.75%
3/13/19$0.0621.68%
2018$0.151 39.81% 4.64%
9/12/18$0.0912.77%
3/14/18$0.061.86%
2017$0.108 11.34% 3.38%
9/13/17$0.051.50%
3/14/17$0.0581.90%
2016$0.097 23.02% 3.48%
9/13/16$0.041.38%
3/10/16$0.0572.13%
2015$0.078846 55.68% 2.71%
9/10/15$0.0250.94%
3/10/15$0.0538461.70%
2014$0.177885 156.94% 7.53%
11/18/14$0.0480771.63%
9/1/14$0.0798083.61%
3/10/14$0.052.58%
2013$0.0692313.26%
9/9/13$0.0692313.26%

Mercury NZ Dividend Analysis

Yield last year
3.58%
1/3
Growth last year
9.00%
2/3
Years in a row paying
12
1/3
Yield Last 5 years
3.30%
2/3
Growth last 5 years
7.62%
2/3
Consecutive years of rising dividends
8
1/3
Yield last 10 years
3.82%
3/3
Growth last 10 years
12.15%
3/3
Payout Ratio
710.10%
0/3
Final Score
15/27

Mercury NZ FAQ

The company Mercury NZ has established its dividend at $0.093 per share, with a yield of 1.36%.

Shareholders of Mercury NZ must retain their shares until March 12, 2024 to be eligible for the dividend of $0.093 per share, to be paid on April 2, 2024.

Mercury NZ, in its latest dividend distribution, granted $0.131 per share on September 29, 2023.

Dividend payments from Mercury NZ are made on a semiannual cycle, falling in the months of March and September.

The dividend yield of Mercury NZ (MCY) in the last year was 3.58%, averaging 3.30% over the past five years and 3.82% over the last ten years.

Mercury NZ presents a payout ratio of 710.10%, which surpasses the 100% threshold and raises concerns about its sustainability.

With a history of 12 years paying dividends, Mercury NZ has managed to increase them consecutively for 8 years. Last year, the dividend grew by 9.00%, and the average growth over the last 5 years has been 7.62%.