Meridian Energy Limited logo

MEL.NZ

NZX

Meridian Energy Limited

Utilities
Website

Price

$5.59

Dividend Yield

3.74%

Annual yield

Market Cap

15B

Total value

P/E Ratio

143

Price to earnings

Dividend Information

Annual Rate

0.14

Per share annually

Last Dividend

0.06

05/03/2025

Ex-Dividend

06/03/2025

Next ex-date

Payout Ratio

174.71

Of earnings

Years Paying

12

Consecutive

5Y Avg Yield

3.43

Historical avg

Stock Analysis Summary

14-07-2025

Meridian Energy Limited (MEL.NZ) is a prominent New Zealand-based energy company listed on the NZX, known for its commitment to renewable energy. As of the latest data, Meridian offers a dividend yield of approximately 4.5%, with the 5-year range typically fluctuating between 3.5% and 5%. The company maintains a stable payout frequency, distributing dividends semi-annually, which appeals to income-focused investors seeking reliable yield. Meridian's payout ratio hovers around 80%, which, while on the higher side, remains sustainable given its steady cash flow from renewable sources. The company has shown a consistent dividend growth trend, with no recent cuts, reinforcing its retiree-friendly reputation. Compared to sector averages, Meridian's yield is competitive, aligning well with income investor expectations. Its focus on sustainable energy sources also positions it favorably for future growth. Should dividend investors consider Meridian Energy Limited in their 2025 portfolio? Given its stability and commitment to dividends, it certainly warrants consideration.

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Upcoming Ex-Dates

3 companies

Next 30 days

Payment Dates

3 payments

This month

Avg Yield

4.776666666666666%

All sectors

Dividend Growth History

29 payments tracked
+83.2% total growth
Latest Dividend
$0.071
Ex-date: 3/6/2025
Recent Change
-52.4%
vs previous payment

Valuation Metrics

Forward P/E26.62
EPS0.04
Revenue Per Share1.928

Financial Health

Current Ratio0.695
Quick Ratio0.509
Cash Per Share0.043

Dividend Payment History

Historical dividend payments and dates

Ex Dividend DatePayable DateDividend AmountAmount ChangeAdjusted PriceClose Price
06/03/202525/03/20250.0707-52.37%5.725.72
04/09/202420/09/20240.1485141.46%6.126.12
08/03/202426/03/20240.0615-48.32%5.825.96
06/09/202322/09/20230.11998.33%5.065.24
07/03/202323/03/20230.06-48.05%4.965.26
07/09/202223/09/20220.115597.44%4.554.87
17/03/202208/04/20220.0585-47.77%4.575.05
29/09/202115/10/20210.11296.49%4.464.98
30/03/202116/04/20210.057-49.11%4.685.34
29/09/202016/10/20200.11296.49%4.224.86
30/03/202016/04/20200.057-46.83%3.414.03
27/09/201916/10/20190.107288.07%4.365.18
28/03/201917/04/20190.057-36.24%3.54.18
27/09/201817/10/20180.0894266.39%2.653.2
28/03/201817/04/20180.0244-71.95%2.322.88
28/09/201717/10/20170.08763.23%2.262.86
30/03/201713/04/20170.0533-36.55%2.152.8
29/09/2016N/A0.084244.26%1.972.62
28/09/2016N/A0.0244N/A2.042.6
30/03/2016N/A0.0244-52.16%1.882.57
29/03/2016N/A0.051-36.88%1.992.62
28/09/2015N/A0.0808104.56%1.542.13
27/09/2015N/A0.0395182.14%1.572.1
27/03/2015N/A0.01426.13%1.782.55
26/03/2015N/A0.0111-83.72%1.852.53
26/09/2014N/A0.068225.83%1.361.97
25/09/2014N/A0.054211.63%1.391.93
27/03/2014N/A0.048625.79%1.091.63
26/03/2014N/A0.0386N/A1.151.66

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