CEN News: Contact Energy (NZSE:CEN) Is Increasing Its Dividend To NZ$0.1612 - 18th Feb 2023, 5:00am

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Contact Energy Limited (NZSE:CEN) will increase its dividend from last year's comparable payment on the 30th of March to NZ$0.1612. This takes the annual payment to 4.6% of the current stock price, which is about average for the industry.

View our latest analysis for Contact Energy

Contact Energy Doesn't Earn Enough To Cover Its Payments

We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Based on the last payment, earnings were actually...

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