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Meridian Energy (Meridian Energy) Forward Dividend Yield %

: 0.00% (As of Today)
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As of today (2024-04-19), the Forward Annual Dividend Yield of Meridian Energy is 0.00%.

As of today (2024-04-19), the Trailing Annual Dividend Yield of Meridian Energy is 0.00%.

MDDNF's Forward Dividend Yield % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 3.465
* Ranked among companies with meaningful Forward Dividend Yield % only.

Meridian Energy's Dividends per Share for the six months ended in Dec. 2023 was $0.07.

During the past 12 months, Meridian Energy's average Dividends Per Share Growth Rate was -14.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Meridian Energy was 40.90% per year. The lowest was 3.40% per year. And the median was 6.20% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison

For the Utilities - Renewable subindustry, Meridian Energy'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.


Meridian Energy Forward Dividend Yield % Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Meridian Energy's Forward Dividend Yield % falls into.



Meridian Energy Forward Dividend Yield % Calculation

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

Meridian Energy Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0622024-03-082024-03-112024-03-26Cash Dividendsemi-annuallyNZD:USD 0.612370
NZD 0.1192023-09-062023-09-072023-09-22Cash Dividendsemi-annuallyNZD:USD 0.593120

* 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.

Meridian Energy's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.10854822/3.30
=3.29 %

Current Share Price is $3.30.
Meridian Energy's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.10854822.

* 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.


Meridian Energy  (OTCPK:MDDNF) 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.

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


Meridian Energy Forward Dividend Yield % Related Terms

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Meridian Energy (Meridian Energy) Business Description

Traded in Other Exchanges
Address
287-293 Durham Street North, Christchurch Central, Christchurch, STL, NZL, 8013
Meridian is New Zealand's largest electricity generator, operating hydro stations and wind farms in New Zealand. Nearly 90% of its electricity is generated from low-cost hydro power plants, with wind making up the rest. The company's main competitors are vertically integrated firms, such as Mercury NZ, Genesis Energy, Contact Energy, and Trustpower.