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Spark New Zealand (NZSE:SPK) 3-Year Dividend Growth Rate : 2.60% (As of Jun. 2024)


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What is Spark New Zealand 3-Year Dividend Growth Rate?

Spark New Zealand's Dividends per Share for the six months ended in Jun. 2024 was NZ$0.14.

The historical rank and industry rank for Spark New Zealand's 3-Year Dividend Growth Rate or its related term are showing as below:

NZSE:SPK' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.1   Med: 2.9   Max: 11.2
Current: 2.6

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 2.90% per year.

NZSE:SPK's 3-Year Dividend Growth Rate is ranked worse than
63.19% of 144 companies
in the Telecommunication Services industry
Industry Median: 6.9 vs NZSE:SPK: 2.60

During the past 12 months, Spark New Zealand's average Dividends Per Share Growth Rate was 3.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.50% 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.

Spark New Zealand's Dividend Payout Ratio for the six months ended in Jun. 2024 was 1.55. As of today, Spark New Zealand's Dividend Yield % is 9.82%.

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 1.57, which seems too high.

Good Sign:

Spark New Zealand Ltd stock dividend yield is close to 10-year high.

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


Competitive Comparison of Spark New Zealand's 3-Year Dividend Growth Rate

For the Telecom Services subindustry, Spark New Zealand'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.


Spark New Zealand's 3-Year Dividend Growth Rate Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Spark New Zealand's 3-Year Dividend Growth Rate falls into.



Spark New Zealand 3-Year Dividend Growth Rate Calculation

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.


Spark New Zealand  (NZSE:SPK) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Spark New Zealand's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.135/ 0.087
=1.55

During the past 13 years, the highest Dividend Payout Ratio of Spark New Zealand was 1.57. The lowest was 0.44. And the median was 1.00.

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 1.57, which seems too high.

2. 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
NZD 0.1400002024-09-122024-09-132024-10-04Cash Dividendsemi-annuallyNZD:NZD 1.000000
NZD 0.1350002024-03-212024-03-222024-04-05Cash Dividendsemi-annuallyNZD:NZD 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.275/2.86
=9.62 %

Current Share Price is NZ$2.86.
Spark New Zealand's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.275.

During the past 13 years, the highest Dividend Yield of Spark New Zealand was 9.82%. The lowest was 4.46%. And the median was 5.37%.

Good Sign:

Spark New Zealand Ltd stock dividend yield is close to 10-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.


Spark New Zealand 3-Year Dividend Growth Rate Related Terms>


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 operators 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 commanding presence 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 entirely 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.