MEL.NZ vs GEN.NZ: Dividend Stock Comparison

Compare Meridian Energy Limited and General Capital Limited side-by-side. See dividend yields, imputation credits, and key metrics to make an informed investment decision.

Meridian Energy Limited

Dividend Yield3.74%
Market Cap15B
SectorUtilities

General Capital Limited

Dividend Yield2.25%
Market Cap28M
SectorFinancial Services

Detailed Dividend Comparison

MetricMEL.NZGEN.NZWinner
Dividend Yield
3.74%2.25%MEL.NZ
Company Name
Meridian Energy LimitedGeneral Capital Limited-
Sector
UtilitiesFinancial Services-
Market Capitalization
15B28MMEL.NZ

Which Dividend Stock is Better?

Choose MEL.NZ If:

  • You want the higher dividend yield (3.74% vs 2.25%)
  • You prefer larger, more established companies
  • You want exposure to the Utilities sector

Choose GEN.NZ If:

  • You want exposure to the Financial Services sector

Investment Recommendation

Both MEL.NZ and GEN.NZ are quality NZ dividend stocks, but they serve different investment goals:

  • For income investors: MEL.NZ offers the higher yield at 3.74%
  • For diversification: Consider holding both stocks to spread sector risk
  • Check imputation: Review imputation credit ratios for tax efficiency

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