MCY News: Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1412 - 2nd Sep 2022, 4:06am

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The board of Mercury NZ Limited (NZSE:MCY) has announced that it will be paying its dividend of NZ$0.1412 on the 30th of September, an increased payment from last year's comparable dividend. This makes the dividend yield about the same as the industry average at 3.4%.

See our latest analysis for Mercury NZ

Mercury NZ Doesn't Earn Enough To Cover Its Payments

Solid dividend yields are great, but they only really help us if the payment is sustainable. Based on the last dividend, Mercury NZ is e...

>>> Read more: Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1412
 
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