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The board of Mercury NZ Limited (NZSE:MCY) has announced that it will be paying its dividend of NZ$0.1541 on the 29th of September, an increased payment from last year's comparable dividend. Despite this raise, the dividend yield of 3.6% is only a modest boost to shareholder returns.
View our latest analysis for Mercury NZ
Mercury NZ Doesn't Earn Enough To Cover Its Payments
If it is predictable over a long period, even low dividend yields can be attractive. Prior to this announcement, the co...
>>> Read more: Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1541
View our latest analysis for Mercury NZ
Mercury NZ Doesn't Earn Enough To Cover Its Payments
If it is predictable over a long period, even low dividend yields can be attractive. Prior to this announcement, the co...
>>> Read more: Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1541
