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Mercury NZ Limited (NZSE:MCY) will increase its dividend on the 1st of April to NZ$0.094. Based on the announced payment, the dividend yield for the company will be 3.9%, which is fairly typical for the industry.
View our latest analysis for Mercury NZ
Mercury NZ's Dividend Is Well Covered By Earnings
We aren't too impressed by dividend yields unless they can be sustained over time. The last payment was quite easily covered by earnings, but it made up 198% of cash flows. The company might be ...
>>> Read more: Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year
View our latest analysis for Mercury NZ
Mercury NZ's Dividend Is Well Covered By Earnings
We aren't too impressed by dividend yields unless they can be sustained over time. The last payment was quite easily covered by earnings, but it made up 198% of cash flows. The company might be ...
>>> Read more: Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year
