Spark New Zealand (STU:NZTA) Dividend Payout Ratio : 1.84 (As of Dec. 2023)

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What is Spark New Zealand Dividend Payout Ratio?

Spark New Zealand's dividend payout ratio for the months ended in Dec. 2023 was 1.84.

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 1.10, 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:

STU:NZTA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44 Med: 0.98 Max: 1.28
Current: 1.28

During the past 13 years, the highest Dividend Payout Ratio of Spark New Zealand was 1.28. The lowest was 0.44. And the median was 0.98.

STU:NZTA's Dividend Payout Ratio is ranked worse than
85.16% of 182 companies
in the Telecommunication Services industry
Industry Median: 0.575 vs STU:NZTA: 1.28

As of today (2024-04-29), the Dividend Yield % of Spark New Zealand is 7.05%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Spark New Zealand was 8.60%. The lowest was 4.46%. And the median was 5.43%.

Spark New Zealand's Dividends per Share for the months ended in Dec. 2023 was €0.45.

During the past 12 months, Spark New Zealand's average Dividends Per Share Growth Rate was 8.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% 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 3.15% per year.

The growth rate is calculated with least square regression.

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

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

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.97

1.00

1.23

1.25

0.51

Spark New Zealand Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															1.31	1.18	0.32	0.99	1.84

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Spark New Zealand's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.855	/	1.686
	=	0.51

Spark New Zealand's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.447	/	0.243
	=	1.84

Spark New Zealand (STU:NZTA) Dividend Payout Ratio Explanation

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.

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 (STU:NZTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Spark New Zealand Ltd (STU:NZTA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SPKKY:USA NZTCF:USA SPK:New Zealand 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 groups in New Zealand. It is the dominant provider of fixed-line services in the country and effectively equal-number-one player in the mobile telephony market. It also has a commanding presence in the New Zealand corporate and wholesale telecommunications services provision space. Spark's operations are split into mobile, voice, broadband, and digital-related services.

Spark New Zealand (STU:NZTA) Headlines

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