Meridian EnergyMDDNF 71 Dividend Payout Ratio is 1.72 as of Dec. 2025, which is 2% above its 10-year median of 1.69. GuruFocus rates MDDNF with a GF Score™ of 71/100 and a GF Value™ of $3.48 (Fairly Valued). The stock has 6 warning signs investors should review. Among 181 Utilities - Independent Power Producers companies, Meridian Energy ranks worse than 552485.64% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Meridian Energy's Dividend Payout Ratio for the
months ended in Dec. 2025 was 1.72.
The historical rank and industry rank for Meridian Energy's Dividend Payout Ratio or its related term are showing as below:
During the past 13 years, the highest Dividend Payout Ratio of Meridian Energy was 5.25. The lowest was 0.97. And the median was 1.69.
MDDNF's Dividend Payout Ratio is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.44 * Ranked among companies with meaningful Dividend Payout Ratio only.
During the past 3 years, the average Dividends Per Share Growth Rate was 7.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.70% 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 2.30% 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.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Meridian Energy (OTCPK:MDDNF) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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.
Meridian Energy Dividend Payout Ratio Related Terms
Meridian Energy Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Meridian Energy's Dividend Payout Ratio 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.
Meridian Energy Dividend Payout Ratio Competitor Comparison
For the Utilities - Renewable subindustry, Meridian Energy's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Meridian Energy's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Meridian Energy's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Meridian Energy's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 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.
Meridian Energy (MDDNF) has a Dividend Payout Ratio of 1.72 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Meridian Energy and its competitors. This is near median its historical median of 1.69. Over the past decade, Meridian Energy's Dividend Payout Ratio has ranged from 0.97 to 5.25. According to the industry distribution chart, Meridian Energy ranks #999999 out of 181 companies in the Utilities - Independent Power Producers industry.
Is Meridian Energy's Dividend Payout Ratio too high?
Meridian Energy's current Dividend Payout Ratio of 1.72 is near median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 5.25. The Utilities - Independent Power Producers industry median Dividend Payout Ratio is 0.44. Meridian Energy's value of 1.72 is 290.9% above this industry median. Based on the distribution chart, Meridian Energy ranks #999999 out of 181 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Meridian Energy has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meridian Energy's Dividend Payout Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Meridian Energy ranks #999999 out of 181 companies for Dividend Payout Ratio. This places Meridian Energy in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Meridian Energy's value of 1.72 is 290.9% above this benchmark. Historically, Meridian Energy's own Dividend Payout Ratio has ranged from 0.97 to 5.25 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 0.44, Meridian Energy 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 Dividend Payout Ratio for an Utilities - Independent Power Producers company?
The median Dividend Payout Ratio among Utilities - Independent Power Producers companies is 0.44, based on 181 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Energy's current Dividend Payout Ratio of 1.72 is 290.9% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Meridian Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Energy's current Dividend Payout Ratio is 1.72, which is near median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Energy stock overvalued right now?
Based on GuruFocus' analysis, Meridian Energy (MDDNF) is currently considered Fairly Valued. The stock's GF Value™ is $3.48, compared to a current price of $3.37 — trading 3.1% below its estimated fair value. The current Dividend Payout Ratio is 1.72, which is near median its 10-year median of 1.69 and 290.9% above the Utilities - Independent Power Producers industry median of 0.44. Meridian Energy's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Meridian Energy (MDDNF), the current Dividend Payout Ratio is 1.72 as of Dec. 2025. 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 Meridian Energy (MDDNF) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Energy stock appears to be undervalued.
The current stock price of $3.37 is trading 3.1% below its estimated GF Value™ of $3.48.
GuruFocus considers Meridian Energy to be Fairly Valued.
Key valuation signals for MDDNF:
Dividend Payout Ratio: 1.72 (near median its 10-year median of 1.69)
GF Value™: $3.48 vs. price of $3.37 (3.1% below fair value)
Industry Position: 290.9% above the Utilities - Independent Power Producers median (#999999 of 181)
No single metric tells the full story. See the MDDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.
71GF Score
Get the complete analysis for MDDNF
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MDDNF has been successfully added to your 
