SPK.NZ vs MEL.NZ: Dividend Stock Comparison
Compare Spark New Zealand 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 | SPK.NZ | MEL.NZ | Winner |
|---|---|---|---|
Dividend Yield | 9.36% | 3.74% | SPK.NZ |
Company Name | Spark New Zealand Limited | Meridian Energy Limited | - |
Sector | Communication Services | Utilities | - |
Market Capitalization | 4B | 15B | MEL.NZ |
Which Dividend Stock is Better?
Choose SPK.NZ If:
- You want the higher dividend yield (9.36% vs 3.74%)
- You want exposure to the Communication Services sector
Choose MEL.NZ If:
- You prefer larger, more established companies
- You want exposure to the Utilities sector
Investment Recommendation
Both SPK.NZ and MEL.NZ are quality NZ dividend stocks, but they serve different investment goals:
- For income investors: SPK.NZ offers the higher yield at 9.36%
- For diversification: Consider holding both stocks to spread sector risk
- Check imputation: Review imputation credit ratios for tax efficiency