MCY News: Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year - 19th Aug 2022, 4:01am

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Mercury NZ Limited's (NZSE:MCY) dividend will be increasing from last year's payment of the same period to NZ$0.1412 on 30th of September. This takes the annual payment to 3.5% of the current stock price, which is about average for the industry.

See our latest analysis for Mercury NZ

Mercury NZ Is Paying Out More Than It Is Earning

We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Based on the last dividend, Mercury NZ is earning enoug...

>>> Read more: Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year
 
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