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Mercury NZMGHTF +8.44%86 3-Year Dividend Growth Rate is 5.60% as of Jun. 2026, which is 3% below its 10-year median of 5.80. GuruFocus rates MGHTF with a GF Score™ of 86/100 and a GF Value™ of $4.04. The stock has 8 warning signs investors should review. Among 146 Utilities - Independent Power Producers companies, Mercury NZ ranks better than 50.68% on this metric.
The historical rank and industry rank for Mercury NZ's 3-Year Dividend Growth Rate or its related term are showing as below:
MGHTF'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.8 Med: 5.8 Max: 11.4
Current: 5.6
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mercury NZ was 11.40% per year. The lowest was 2.80% per year. And the median was 5.80% per year.
MGHTF's 3-Year Dividend Growth Rate is ranked better than 50.68% of 146
companies
in the Utilities - Independent Power Producers industry
Industry Median: 5.3
vs MGHTF: 5.60
During the past 12 months, Mercury NZ's average Dividends Per Share Growth Rate was 3.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 8.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 6.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
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 1.08, which seems too high.
Good Sign:
Mercury NZ Ltd stock Dividend Yield % is close to 5-year high.
For more information regarding to dividend, please check our Dividend Page.
During the past 13 years, the highest Dividend Payout Ratio of Mercury NZ was 236.00. The lowest was 0.53. And the median was 1.04.
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 1.08, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Mercury NZ Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NZD 0.170000
2026-09-02
2026-09-03
2026-09-30
Cash Dividend
semi-annually
NZD:USD 0.591017
NZD 0.100000
2026-03-04
2026-03-05
2026-04-01
Cash Dividend
semi-annually
NZD:USD 0.584795
* 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.
Mercury NZ's Dividend Yield (%) for Today is calculated as
Current Share Price is $4.37.
Mercury NZ's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.15895239.
During the past 13 years, the highest Dividend Yield of Mercury NZ was 4.90%. The lowest was 2.13%. And the median was 3.39%.
Good Sign:
Mercury NZ Ltd stock Dividend Yield % is close to 5-year high.
* 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.
Mercury NZ 3-Year Dividend Growth Rate Related Terms>
For the Utilities - Renewable subindustry, Mercury NZ's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Mercury NZ's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 5.60% mean?
Mercury NZ (MGHTF) has a 3-Year Dividend Growth Rate of 5.60% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Mercury NZ and its competitors. This is near median its historical median of 5.80. Over the past decade, Mercury NZ's 3-Year Dividend Growth Rate has ranged from 2.80 to 11.40. According to the industry distribution chart, Mercury NZ ranks #72 out of 146 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.3%.
Is Mercury NZ's 3-Year Dividend Growth Rate too high?
Mercury NZ's current 3-Year Dividend Growth Rate of 5.60% is near median its 10-year median of 5.80. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 11.40. The Utilities - Independent Power Producers industry median 3-Year Dividend Growth Rate is 5.30. Mercury NZ's value of 5.60% is 5.7% above this industry median. Based on the distribution chart, Mercury NZ ranks #72 out of 146 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Mercury NZ has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's 3-Year Dividend Growth Rate compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #72 out of 146 companies for 3-Year Dividend Growth Rate. This puts Mercury NZ in the upper half of its industry. The industry median 3-Year Dividend Growth Rate is 5.30. Mercury NZ's value of 5.60% is 5.7% above this benchmark. Historically, Mercury NZ's own 3-Year Dividend Growth Rate has ranged from 2.80 to 11.40 over the past decade. While the company's 10-year median is 5.80 vs. the industry median of 5.30, Mercury NZ has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for an Utilities - Independent Power Producers company?
The median 3-Year Dividend Growth Rate among Utilities - Independent Power Producers companies is 5.30, based on 146 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercury NZ's current 3-Year Dividend Growth Rate of 5.60% is 5.7% 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 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Mercury NZ and its competitors. For the Utilities - Independent Power Producers industry, the median 3-Year Dividend Growth Rate is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current 3-Year Dividend Growth Rate is 5.60%, which is near median its own 10-year median of 5.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Mercury NZ (MGHTF) has a current 3-Year Dividend Growth Rate of 5.60%. The stock's GF Value™ is $4.04, compared to a current price of $4.37 — trading 8.2% above its estimated fair value. The current 3-Year Dividend Growth Rate is 5.60%, which is near median its 10-year median of 5.80 and 5.7% above the Utilities - Independent Power Producers industry median of 5.30. Mercury NZ's overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current 3-Year Dividend Growth Rate is 5.60% as of Jun. 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 Mercury NZ (MGHTF) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued.
The current stock price of $4.37 is trading 8.2% above its estimated GF Value™ of $4.04.
Key valuation signals for MGHTF:
3-Year Dividend Growth Rate: 5.60% (near median its 10-year median of 5.80)
GF Value™: $4.04 vs. price of $4.37 (8.2% above fair value)
Industry Position: 5.7% above the Utilities - Independent Power Producers median (#72 of 146)
No single metric tells the full story. See the MGHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
86GF Score
Get the complete analysis for MGHTF
3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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