Spark New ZealandASX:SPK +4.48%67 Forward Dividend Yield % is 11.47% as of Jun. 25, 2026. GuruFocus rates ASX:SPK with a GF Score™ of 67/100 and a GF Value™ of A$2.70 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 224 Telecommunication Services companies, Spark New Zealand ranks better than 97.77% on this metric.
As of today (2026-06-25), the Forward Annual Dividend Yield of Spark New Zealand is 11.47%.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Spark New Zealand is 11.47%.
ASX:SPK's Forward Dividend Yield % is ranked better than 97.77% of 224
companies
in the Telecommunication Services industry
Industry Median: 4.165
vs ASX:SPK: 11.47
During the past 12 months, Spark New Zealand's average Dividends Per Share Growth Rate was -9.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.40% 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 2.60% 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 (ASX:SPK) Forward 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.
Spark New Zealand Forward Dividend Yield % Related Terms
ASX:SPK vs TMUS, VZ, T: Forward Dividend Yield % Comparison
For the Telecom Services subindustry, Spark New Zealand's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Forward Dividend Yield % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Spark New Zealand's Forward Dividend Yield % falls into.
Spark New Zealand Forward 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
AUD 0.062012
2026-03-19
2026-03-20
2026-04-10
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.107716
2025-09-09
2025-09-10
2025-10-03
Cash Dividend
semi-annually
AUD:AUD 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 Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.124024
/
1.515
=
8.19 %
Current Share Price is A$1.515. Spark New Zealand's Dividends per Share for the forward twelve months is calculated as A$0.062012 * 2 = A$0.124024.
Spark New Zealand's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
What does a Forward Dividend Yield % of 11.47% mean?
Spark New Zealand (ASX:SPK) has a Forward Dividend Yield % of 11.47% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Spark New Zealand and its competitors. According to the industry distribution chart, Spark New Zealand ranks #5 out of 224 companies in the Telecommunication Services industry, placing it in the top 2.2%.
Is Spark New Zealand's Forward Dividend Yield % too high?
Spark New Zealand's current Forward Dividend Yield % is 11.47%. The Telecommunication Services industry median Forward Dividend Yield % is 4.17. Spark New Zealand's value of 11.47% is 175.4% above this industry median. Based on the distribution chart, Spark New Zealand ranks #5 out of 224 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Spark New Zealand has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spark New Zealand's Forward Dividend Yield % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Spark New Zealand ranks #5 out of 224 companies for Forward Dividend Yield %. This places Spark New Zealand in the top 2% of its industry — outperforming the majority of peers. The industry median Forward Dividend Yield % is 4.17. Spark New Zealand's value of 11.47% is 175.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Telecommunication Services company?
The median Forward Dividend Yield % among Telecommunication Services companies is 4.17, based on 224 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spark New Zealand's current Forward Dividend Yield % of 11.47% is 175.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Spark New Zealand and its competitors. For the Telecommunication Services industry, the median Forward Dividend Yield % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark New Zealand's current Forward Dividend Yield % is 11.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Spark New Zealand (ASX:SPK) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.70, compared to a current price of A$1.52 — trading 43.9% below its estimated fair value. The current Forward Dividend Yield % is 11.47% and 175.4% above the Telecommunication Services industry median of 4.17. Spark New Zealand's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Spark New Zealand (ASX:SPK), the current Forward Dividend Yield % is 11.47% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spark New Zealand (ASX:SPK) Overvalued in 2026?
Based on GuruFocus' analysis, Spark New Zealand stock appears to be undervalued.
The current stock price of A$1.52 is trading 43.9% below its estimated GF Value™ of A$2.70.
GuruFocus considers Spark New Zealand to be Significantly Undervalued.
Key valuation signals for ASX:SPK:
Forward Dividend Yield %: 11.47%
GF Value™: A$2.70 vs. price of A$1.52 (43.9% below fair value)
Industry Position: 175.4% above the Telecommunication Services median (#5 of 224)
No single metric tells the full story. See the ASX:SPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spark is one of only three integrated telecommunications companies in New Zealand. It is the leading mobile network operator with low- to mid-40% subscriber and revenue share, and the dominant provider of fixed-line broadband services with a mid-30% subscriber share. It has a big position in the New Zealand corporate and wholesale telecommunications services provision space. Spark supplements its core telecommunications operations and related infrastructure with IT products and services across cloud, managed data and networks, procurement, data centers, and Internet of Things. Its operations are all based in New Zealand, except for its 41% interest in Southern Cross Submarine Cables, which has zero book value and to which Spark has no funding obligations.
67GF Score
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