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Spark New Zealand (Spark New Zealand) Dividend Yield % : 6.82% (As of Apr. 25, 2024)


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What is Spark New Zealand Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Spark New Zealand is 6.82%.

Good Sign:

Spark New Zealand Ltd stock dividend yield is close to 5-year high.

The historical rank and industry rank for Spark New Zealand's Dividend Yield % or its related term are showing as below:

SPKKY' s Dividend Yield % Range Over the Past 10 Years
Min: 4.46   Med: 5.43   Max: 8.6
Current: 6.82

During the past 13 years, the highest Dividend Yield of Spark New Zealand was 8.60%. The lowest was 4.46%. And the median was 5.43%.

SPKKY's Dividend Yield % is ranked better than
68.75% of 224 companies
in the Telecommunication Services industry
Industry Median: 4.08 vs SPKKY: 6.82

Spark New Zealand's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.85.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Spark New Zealand Ltd is 1.10, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Spark New Zealand was 1.29. The lowest was 0.44. And the median was 0.98.

As of today (2024-04-25), the Forward Dividend Yield % of Spark New Zealand is 6.82%.

Spark New Zealand's Dividends per Share for the six months ended in Dec. 2023 was $0.49.

During the past 12 months, Spark New Zealand's average Dividends Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Spark New Zealand was 11.20% per year. The lowest was -14.10% per year. And the median was 3.15% per year.

The growth rate is calculated with least square regression.

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


Spark New Zealand Dividend Yield % Historical Data

The historical data trend for Spark New Zealand's Dividend Yield % 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.

Spark New Zealand Dividend Yield % Chart

Spark New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.25 4.87 5.07 6.27 5.81

Spark New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.58 6.27 5.34 5.81 5.90

Competitive Comparison of Spark New Zealand's Dividend Yield %

For the Telecom Services subindustry, Spark New Zealand's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Spark New Zealand's Dividend Yield % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Spark New Zealand's Dividend Yield % falls into.



Spark New Zealand Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Spark New Zealand Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4782024-03-212024-03-222024-04-15Cash Dividendsemi-annuallyUSD:USD 1.000000
USD 0.4702023-09-142023-09-152023-10-16Cash Dividendsemi-annuallyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Spark New Zealand's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.948/13.90
=6.82 %

Current Share Price is $13.90.
Spark New Zealand's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.948.

Spark New Zealand's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.956/13.90
=6.88 %

Current Share Price is $13.90.
Spark New Zealand's Dividends per Share for the forward twelve months is calculated as $0.478 * 2 = $0.956.

* 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.


Spark New Zealand  (OTCPK:SPKKY) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Spark New Zealand Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Spark New Zealand's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Spark New Zealand (Spark New Zealand) Business Description

Address
167 Victoria Street West, Level 2, Spark City, Private Bag 92028, Auckland, NTL, NZL, 1010
Spark is one of only three integrated telecommunications groups in New Zealand. It is the dominant provider of fixed-line services in the country and effectively equal-number-one player in the mobile telephony market. It also has a commanding presence in the New Zealand corporate and wholesale telecommunications services provision space. Spark's operations are split into mobile, voice, broadband, and digital-related services.

Spark New Zealand (Spark New Zealand) Headlines