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Mercury NZ Limited (NZSE:MCY) will increase its dividend from last year's comparable payment on the 29th of September to NZ$0.1541. Despite this raise, the dividend yield of 3.8% is only a modest boost to shareholder returns.
See our latest analysis for Mercury NZ
Mercury NZ Is Paying Out More Than It Is Earning
If it is predictable over a long period, even low dividend yields can be attractive. Before making this announcement, the company's dividend was much higher than its earnings. Without...
>>> Read more: Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.1541
See our latest analysis for Mercury NZ
Mercury NZ Is Paying Out More Than It Is Earning
If it is predictable over a long period, even low dividend yields can be attractive. Before making this announcement, the company's dividend was much higher than its earnings. Without...
>>> Read more: Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.1541
