CEN.NZ

Contact Energy Limited (CEN.NZ) is a prominent company listed on the New Zealand Exchange (NZX) and is known for providing a steady dividend income to its shareholders. Currently, the dividend yield stands at approximately 5.2%, with a 5-year range of around 4.5% to 6.0%, reflecting a stable return for investors. Dividends are typically paid semi-annually, showcasing a consistent payout frequency that appeals to income-focused investors and retirees seeking reliable yield. The payout ratio for Contact Energy hovers around 80%, indicating a sustainable approach to dividend distribution, as it balances rewarding shareholders with retaining earnings for growth and operations. Recently, there have been no significant changes in dividend policy, maintaining a stable and predictable income stream. Compared to sector averages, Contact Energy's yield is competitive, aligning well with income investor expectations. How reliable is Contact Energy Limited as a dividend payer this year? Given its history of stable payouts and competitive yield, it remains a solid choice for those seeking dependable dividend income.