Dividends for Meridian Energy in 2024 (Updated Date)
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Meridian Energy
Price 6.29NZD
-0.20 (-3.16%)
Dividend Yield 2.87%
Payout Ratio 542.42%
Dividend Growth 0 years
ISIN NZMELE0002S7
Ticker MEL
Sector Utilities
Industry Utilities - Renewable
Index S&P/NZX50
Updated: Jun 27, 2024, 4:59:46 AM (UTC)

Meridian Energy Dividends

Time for the next dividend:
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Dividend/share amount Ex-dividend Date Payment Date Dividend Yield
Next Dividend $0.0615 3/8/24 3/26/24 1.03%
1.24%
Last Dividend $0.119 9/6/23 9/22/23 2.27%
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Meridian Energy Dividend Calendar

Event Day
Last trading date March 7, 2024
Ex-date March 8, 2024
Record date March 11, 2024
Payable date March 26, 2024

*Dividend data confirmed by the company
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Meridian Energy dividend history

Ex-DateAmountVariationDiv. Yield
2024$0.0615 65.64% 1.03%
3/8/24$0.06151.03%
2023$0.179 14.00% 3.41%
9/6/23$0.1192.27%
3/7/23$0.061.14%
2022$0.208137 23.16% 4.20%
9/7/22$0.1496373.07%
3/17/22$0.05851.16%
2021$0.169 23.90% 3.27%
9/29/21$0.1122.25%
3/30/21$0.0571.07%
2020$0.1364 179.51% 3.07%
9/29/20$0.1122.30%
3/30/20$0.02440.61%
2019$0.0488 0.00% 1.04%
9/27/19$0.02440.47%
3/28/19$0.02440.58%
2018$0.0488 0.00% 1.60%
9/27/18$0.02440.76%
3/28/18$0.02440.85%
2017$0.0488 0.00% 1.72%
9/28/17$0.02440.85%
3/30/17$0.02440.87%
2016$0.0488 8.79% 1.88%
9/29/16$0.02440.93%
3/30/16$0.02440.95%
2015$0.0535 21.96% 2.28%
9/28/15$0.03951.85%
3/27/15$0.0140.55%
2014$0.0685553.82%
9/26/14$0.021.02%
3/27/14$0.0485552.99%

Meridian Energy Dividend Analysis

Yield last year
3.41%
1/3
Growth last year
-14.00%
0/3
Years in a row paying
11
1/3
Yield Last 5 years
3.00%
2/3
Growth last 5 years
29.68%
3/3
Consecutive years of rising dividends
0
0/3
Yield last 10 years
2.63%
2/3
Growth last 10 years
0.00%
0/3
Payout Ratio
542.42%
0/3
Final Score
9/27

Meridian Energy FAQ

Meridian Energy (MEL) has resolved to pay a dividend of $0.0615 per share, representing a yield of 1.03%.

March 26, 2024 has been designated by Meridian Energy as the day when the dividend payment of $0.0615 per share will be made to shareholders who meet the ex-dividend date of March 8, 2024.

Meridian Energy made the last dividend payment of $0.119 per share on September 22, 2023.

Twice a year, in March and September, Meridian Energy rewards its shareholders with dividends.

In Meridian Energy (MEL), the dividend yield for the last year was 3.41%, while the average for the last 5 years was 3.00%, and for the last 10 years was 2.63%.

The distribution ratio (542.42%) of Meridian Energy exceeds 100%, indicating that it is not sustainable in the long term.

The dividend distribution of Meridian Energy has remained stable, with no signs of growth.