Mercury NZMGHTF +8.44%78 Dividend Yield % is 3.22% as of Jun. 25, 2026, which is 5% below its 10-year median of 3.39. GuruFocus rates MGHTF with a GF Score™ of 78/100 and a GF Value™ of $4.06 (Fairly Valued). The stock has 11 warning signs investors should review. Among 238 Utilities - Independent Power Producers companies, Mercury NZ ranks better than 50.42% on this metric.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Mercury NZ is 3.22%.
The historical rank and industry rank for Mercury NZ's Dividend Yield % or its related term are showing as below:
MGHTF'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.13 Med: 3.39 Max: 4.9
Current: 3.22
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%.
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 3.81, which seems too high.
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 1.05.
During the past 12 months, Mercury NZ's average Dividends Per Share Growth Rate was 3.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 9.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 5.80% per year.
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 6.00% 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
The historical data trend for Mercury NZ's Dividend Yield % 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.
For the Utilities - Renewable subindustry, Mercury NZ's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Mercury NZ's Dividend Yield % falls into.
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 0.100000
2026-03-04
2026-03-05
2026-04-01
Cash Dividend
semi-annually
NZD:USD 0.600962
NZD 0.144000
2025-09-03
2025-09-04
2025-09-30
Cash Dividend
semi-annually
NZD:USD 0.588235
* 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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.14480204
/
4.37
=
3.31 %
Current Share Price is $4.37. Mercury NZ's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.14480204.
Mercury NZ's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.1201924
/
4.37
=
2.75 %
Current Share Price is $4.37. Mercury NZ's Dividends per Share for the forward twelve months is calculated as $0.0600962 * 2 = $0.1201924.
* 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 (MGHTF) has a Dividend Yield % of 3.22% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Mercury NZ and its competitors. This is near median its historical median of 3.39. Over the past decade, Mercury NZ's Dividend Yield % has ranged from 2.13 to 4.90. According to the industry distribution chart, Mercury NZ ranks #118 out of 238 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.6%.
Is Mercury NZ's Dividend Yield % too high?
Mercury NZ's current Dividend Yield % of 3.22% is near median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 4.90. The Utilities - Independent Power Producers industry median Dividend Yield % is 3.54. Mercury NZ's value of 3.22% is 9% below this industry median. Based on the distribution chart, Mercury NZ ranks #118 out of 238 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Mercury NZ has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's Dividend Yield % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #118 out of 238 companies for Dividend Yield %. This puts Mercury NZ in the upper half of its industry. The industry median Dividend Yield % is 3.54. Mercury NZ's value of 3.22% is 9% below this benchmark. Historically, Mercury NZ's own Dividend Yield % has ranged from 2.13 to 4.90 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 3.54, Mercury NZ has consistently been below 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 Yield % for an Utilities - Independent Power Producers company?
The median Dividend Yield % among Utilities - Independent Power Producers companies is 3.54, based on 238 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercury NZ's current Dividend Yield % of 3.22% is 9% below 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Mercury NZ and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Yield % is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current Dividend Yield % is 3.22%, which is near median its own 10-year median of 3.39. 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?
Based on GuruFocus' analysis, Mercury NZ (MGHTF) is currently considered Fairly Valued. The stock's GF Value™ is $4.06, compared to a current price of $4.37 — trading 7.6% above its estimated fair value. The current Dividend Yield % is 3.22%, which is near median its 10-year median of 3.39 and 9% below the Utilities - Independent Power Producers industry median of 3.54. Mercury NZ's overall GF Score™ is 78/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Mercury NZ (MGHTF), the current Dividend Yield % is 3.22% as of Jun. 25, 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 7.6% above its estimated GF Value™ of $4.06.
GuruFocus considers Mercury NZ to be Fairly Valued.
Key valuation signals for MGHTF:
Dividend Yield %: 3.22% (near median its 10-year median of 3.39)
GF Value™: $4.06 vs. price of $4.37 (7.6% above fair value)
Industry Position: 9% below the Utilities - Independent Power Producers median (#118 of 238)
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.
78GF Score
Get the complete analysis for MGHTF
Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MGHTF has been successfully added to your 
