SPK News: Spark New Zealand (NZSE:SPK) Is Due To Pay A Dividend Of NZ$0.1471 - 27th Aug 2022, 4:02am

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Spark New Zealand Limited (NZSE:SPK) will pay a dividend of NZ$0.1471 on the 7th of October. This payment means that the dividend yield will be 5.1%, which is around the industry average.

Check out our latest analysis for Spark New Zealand

Spark New Zealand Doesn't Earn Enough To Cover Its Payments

Solid dividend yields are great, but they only really help us if the payment is sustainable. Before making this announcement, the company's dividend was much higher than its earnings. It will be di...

>>> Read more: Spark New Zealand (NZSE:SPK) Is Due To Pay A Dividend Of NZ$0.1471
 
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