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Spark New Zealand Limited (NZSE:SPK) will pay a dividend of NZ$0.15 on the 8th of April. This means the annual payment is 6.4% of the current stock price, which is above the average for the industry.
See our latest analysis for Spark New Zealand
Spark New Zealand's Dividend Is Well Covered By Earnings
If the payments aren't sustainable, a high yield for a few years won't matter that much. Based on the last payment, the dividend made up 84% of cash flows, but a higher proportion of net income....
>>> Read more: Spark New Zealand (NZSE:SPK) Has Re-Affirmed Its Dividend Of NZ$0.15
See our latest analysis for Spark New Zealand
Spark New Zealand's Dividend Is Well Covered By Earnings
If the payments aren't sustainable, a high yield for a few years won't matter that much. Based on the last payment, the dividend made up 84% of cash flows, but a higher proportion of net income....
>>> Read more: Spark New Zealand (NZSE:SPK) Has Re-Affirmed Its Dividend Of NZ$0.15
