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Mercury NZ Limited (NZSE:MCY) will increase its dividend from last year's comparable payment on the 30th of September to NZ$0.1647. This makes the dividend yield about the same as the industry average at 3.6%.
View our latest analysis for Mercury NZ
Mercury NZ Doesn't Earn Enough To Cover Its Payments
We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. Prior to this announcement, the company was paying out 112% of what it was earning. This situ...
>>> Read more: Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1647
View our latest analysis for Mercury NZ
Mercury NZ Doesn't Earn Enough To Cover Its Payments
We like to see a healthy dividend yield, but that is only helpful to us if the payment can continue. Prior to this announcement, the company was paying out 112% of what it was earning. This situ...
>>> Read more: Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1647
