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Spark New Zealand (NZSE:SPK) Dividend Payout Ratio : 1.55 (As of Jun. 2024)


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What is Spark New Zealand Dividend Payout Ratio?

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. Spark New Zealand's Dividend Payout Ratio for the months ended in Jun. 2024 was 1.55.

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.

The historical rank and industry rank for Spark New Zealand's Dividend Payout Ratio or its related term are showing as below:

NZSE:SPK' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1   Max: 1.57
Current: 1.57

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.

NZSE:SPK's Dividend Payout Ratio is ranked worse than
92.19% of 192 companies
in the Telecommunication Services industry
Industry Median: 0.565 vs NZSE:SPK: 1.57

As of today (2024-12-14), the Dividend Yield % of Spark New Zealand is 9.52%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Spark New Zealand was 9.52%. The lowest was 4.46%. And the median was 5.37%.

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

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.

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.

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.

Spark New Zealand Dividend Payout Ratio Historical Data

The historical data trend for Spark New Zealand'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.

* Premium members only.

Spark New Zealand Dividend Payout Ratio Chart

Spark New Zealand Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.23 1.16 0.44 1.44

Spark New Zealand Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.02 0.28 0.84 1.59 1.55

Competitive Comparison of Spark New Zealand's Dividend Payout Ratio

For the Telecom Services subindustry, Spark New Zealand'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.

Spark New Zealand's Dividend Payout Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Spark New Zealand's Dividend Payout Ratio falls into.


Spark New Zealand Dividend Payout Ratio Calculation

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.

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

Dividend Payout Ratio=Dividends per Share (A: Jun. 2024 )/ EPS without NRI (A: Jun. 2024 )
=0.27/ 0.187
=1.44

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

* 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 (NZSE:SPK) 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.

Spark New Zealand Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Spark New Zealand's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Spark New Zealand Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Spark New Zealand Ltd (NZSE:SPK) » Definitions » Dividend Payout Ratio
Comparable Companies
NZSE:CNU NZSE:VTL TMUS SHSE:600941 VZ CMCSA T XTER:DTE NSE:BHARTIARTL TSE:9432 TSE:9984 HKSE:00728 TSE:9433 TSE:9434 CHTR SAU:7010 MEX:AMX B ADX:EAND SGX:Z74 XSWX:SCMN
Traded in Other Exchanges
SPKKY:USA NZTCF:USA NZTA:Germany NZT:Germany NZT:Germany NZTA:Germany NZT:Germany SPK:Australia
Address
167 Victoria Street West, Level 2, Spark City, Private Bag 92028, Auckland, NTL, NZL, 1010
Website
https://www.sparknz.co.nz
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.