MNW.NZ

Manawa Energy Limited, listed on the NZX under the ticker MNW.NZ, is known for its commitment to providing dividend income to its shareholders. The company currently offers a dividend yield of approximately 4.5%, with a 5-year range between 3.8% and 5.2%, reflecting a relatively stable payout. Dividends are distributed semi-annually, and Manawa Energy has maintained a consistent payout history, making it a reliable choice for income-focused investors. The payout ratio stands at around 65%, suggesting that the dividends are sustainable given the company's earnings. Recently, Manawa Energy has shown a modest growth in dividends, aligning with its steady financial performance. Compared to sector averages, Manawa Energy's yield is competitive, meeting the expectations of many income investors seeking stable returns. With its reliable yield and consistent payouts, Manawa Energy Limited could be considered a retiree-friendly dividend stock. Is Manawa Energy Limited the right choice for those seeking dependable dividend income?