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The board of Spark New Zealand Limited (NZSE:SPK) has announced that it will pay a dividend on the 4th of October, with investors receiving NZ$0.1647 per share. Based on this payment, the dividend yield on the company's stock will be 7.3%, which is an attractive boost to shareholder returns.
Check out our latest analysis for Spark New Zealand
Spark New Zealand Is Paying Out More Than It Is Earning
We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable....
>>> Read more: Spark New Zealand (NZSE:SPK) Has Announced A Dividend Of NZ$0.1647
Check out our latest analysis for Spark New Zealand
Spark New Zealand Is Paying Out More Than It Is Earning
We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable....
>>> Read more: Spark New Zealand (NZSE:SPK) Has Announced A Dividend Of NZ$0.1647