ANZ.NZ vs MEL.NZ: Dividend Stock Comparison
Compare ANZ Group Holdings Limited and Meridian Energy Limited side-by-side. See dividend yields, imputation credits, and key metrics to make an informed investment decision.
Detailed Dividend Comparison
| Metric | ANZ.NZ | MEL.NZ | Winner |
|---|---|---|---|
Dividend Yield | 3.87% | 3.74% | ANZ.NZ |
Company Name | ANZ Group Holdings Limited | Meridian Energy Limited | - |
Sector | Financial Services | Utilities | - |
Market Capitalization | 144B | 15B | ANZ.NZ |
Which Dividend Stock is Better?
Choose ANZ.NZ If:
- You want the higher dividend yield (3.87% vs 3.74%)
- You prefer larger, more established companies
- You want exposure to the Financial Services sector
Choose MEL.NZ If:
- You want exposure to the Utilities sector
Investment Recommendation
Both ANZ.NZ and MEL.NZ are quality NZ dividend stocks, but they serve different investment goals:
- For income investors: ANZ.NZ offers the higher yield at 3.87%
- For diversification: Consider holding both stocks to spread sector risk
- Check imputation: Review imputation credit ratios for tax efficiency