Mercury NZ (Mercury NZ) Dividend Payout Ratio : 0.00 (As of Jun. 2023)

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What is Mercury NZ Dividend Payout Ratio?

Mercury NZ's dividend payout ratio for the months ended in Jun. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mercury NZ Ltd is 2.80, which seems too high.

The historical rank and industry rank for Mercury NZ's Dividend Payout Ratio or its related term are showing as below:

MGHTF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.02 Max: 2.03
Current: 2.63

During the past 11 years, the highest Dividend Payout Ratio of Mercury NZ was 2.03. The lowest was 0.53. And the median was 1.02.

MGHTF's Dividend Payout Ratio is ranked worse than
94.82% of 193 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.39 vs MGHTF: 2.63

As of today (2024-04-27), the Dividend Yield % of Mercury NZ is 0.00%.

During the past 11 years, the highest Trailing Annual Dividend Yield of Mercury NZ was 5.54%. The lowest was 0.00%. And the median was 3.65%.

Mercury NZ's Dividends per Share for the months ended in Jun. 2023 was $0.05.

During the past 12 months, Mercury NZ's average Dividends Per Share Growth Rate was 13.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.60% per year.

During the past 11 years, the highest 3-Year average Dividends Per Share Growth Rate of Mercury NZ was 9.70% per year. The lowest was 2.80% per year. And the median was 3.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Mercury NZ Dividend Payout Ratio Historical Data

The historical data trend for Mercury NZ's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mercury NZ Dividend Payout Ratio Chart

Mercury NZ Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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1.03

1.55

0.53

2.02

Mercury NZ Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Dividend Payout Ratio	Get a 7-Day Free Trial															9.60	0.32	2.68	0.71	-

Competitive Comparison of Mercury NZ's Dividend Payout Ratio

For the Utilities - Renewable subindustry, Mercury NZ's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mercury NZ's Dividend Payout Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Mercury NZ's Dividend Payout Ratio falls into.

Mercury NZ Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Mercury NZ's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.127	/	0.063
	=	2.02

Mercury NZ's Dividend Payout Ratio for the quarter that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2023 )	/	EPS without NRI (Q: Jun. 2023 )
	=	0.053	/	-0.058
	=	N/A

Mercury NZ (OTCPK:MGHTF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Mercury NZ Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Mercury NZ's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mercury NZ (Mercury NZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mercury NZ Ltd (OTCPK:MGHTF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MCY:New Zealand MRY:Germany MCY:Australia

Address

33 Broadway, The Mercury Building, P O Box 90399, Newmarket, Auckland, NTL, NZL, 1142

Website

https://www.mercury.co.nz

Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

Mercury NZ (Mercury NZ) Headlines

From GuruFocus

Mercury NZ Ltd (MGHTF): A Detailed Analysis of Its Upcoming Dividend and Sustainability

By GuruFocus Research • 09-13-2023