NZME Limited (NZM.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$1.15
Dividend Yield
7.76%
Annual yield
Market Cap
216M
Total value
P/E Ratio
16.4
Price to earnings
Dividend Information
Annual Rate
0.14
Per share annually
Last Dividend
0.06
04/03/2026
Ex-Dividend
05/03/2026
Next ex-date
Payout Ratio
100.00
Of earnings
Years Paying
6
Consecutive
5Y Avg Yield
Unknown
Historical avg
Stock Analysis Summary
01-04-2026
NZME Limited (NZM.NZ) is a New Zealand-based media company listed on the NZX. As of the latest data, NZME offers a dividend yield of approximately 6.5%, which has ranged between 4% and 8% over the past five years. The company pays dividends semi-annually, maintaining a stable payout history that appeals to income-focused investors. With a payout ratio around 70%, NZME's dividends appear sustainable, balancing shareholder returns with reinvestment needs. Recently, NZME has shown commitment to returning value to shareholders, with modest dividend growth reflecting its steady financial performance. Compared to sector averages, NZME's yield is competitive, making it an attractive option for those seeking reliable dividend income. However, investors should consider the media industry's inherent volatility and NZME's market position. For retirees or those seeking consistent income, NZME Limited presents a potentially retiree-friendly dividend stock. Is NZME Limited the right choice for your dividend portfolio?
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NZME Limited Dividend History
NZM dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 05/03/2026 | 18/03/2026 | 0.0706 | 100.00% | 1.17 | 1.17 |
| 11/09/2025 | 24/09/2025 | 0.0353 | -41.18% | 1.12 | 1.12 |
| 18/03/2025 | 31/03/2025 | 0.0706 | 135.29% | 1.16 | 1.16 |
| 12/09/2024 | 25/09/2024 | 0.03 | -50% | 0.99 | 0.99 |
| 07/03/2024 | 20/03/2024 | 0.06 | 100% | 0.89 | 0.92 |
| 14/09/2023 | 27/09/2023 | 0.03 | -50% | 0.83 | 0.91 |
| 09/03/2023 | 22/03/2023 | 0.06 | 100% | 0.97 | 1.1 |
| 14/09/2022 | 27/09/2022 | 0.03 | -56.80% | 1.03 | 1.23 |
| 27/06/2022 | 12/07/2022 | 0.0694 | N/A | 0.99 | 1.21 |
| 10/03/2022 | 23/03/2022 | 0.0694 | 131.48% | 1.1 | 1.42 |
| 09/09/2021 | 22/09/2021 | 0.03 | 27.50% | 0.74 | 1.01 |
| 15/10/2018 | 26/10/2018 | 0.0235 | -60.79% | 0.47 | 0.66 |
| 17/04/2018 | 03/05/2018 | 0.06 | 71.43% | 0.58 | 0.84 |
| 16/10/2017 | 27/10/2017 | 0.035 | -41.67% | 0.55 | 0.86 |
| 10/04/2017 | 28/04/2017 | 0.06 | 71.43% | 0.53 | 0.86 |
| 13/10/2016 | N/A | 0.035 | N/A | 0.4 | 0.69 |
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Investment Analysis: NZME Limited
Dividend Payment Analysis
NZME Limited (NZM.NZ) operates in the Communication Services sector and offers investors a high dividend yield of 7.76% based on current market prices. For New Zealand income investors, this translates to approximately $0.1400per share annually. This above-average yield warrants careful analysis of dividend sustainability. Past dividend payments do not guarantee future payments.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. NZME Limitedcurrently maintains a payout ratio of 100.0%, which is considered stretched coverage. Investors should carefully monitor earnings trends, as higher payout ratios leave less room for dividend growth or cuts during challenging periods.
Dividend Yield Context
A 7.76% yield is considered high by NZ market standards and may indicate either genuine value or potential risks that have depressed the share price. Always compare yields within the same sector for meaningful context.
Valuation Perspective for Dividend Investors
Beyond dividend metrics, valuation matters. NZME Limited trades at a P/E ratio of 16.4x, which is fair by historical standards. Dividend investors often seek a combination of reasonable valuation and sustainable yield rather than chasing the highest yield alone.
Key Considerations Before Investing
Imputation Credits
As a New Zealand company, NZME Limited may attach imputation credits to dividends, effectively providing NZ tax-resident shareholders with a tax credit for company tax already paid. Check the latest dividend notices for specific imputation credit percentages.
Total Return Perspective
While dividend yield is important, total return (dividends plus capital appreciation) matters more over the long term. Historical share price performance should be evaluated alongside dividend payments to assess the complete investment picture.
Sector-Specific Risks
Communication Services sector companies face unique industry dynamics. Research sector trends, regulatory changes, and competitive positioning before making investment decisions. Some investors study multiple sectors when researching dividend portfolios.
Important Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Past dividend payments do not guarantee future payments. Share prices and dividends can fall as well as rise. Always conduct your own research or consult a licensed financial adviser before making investment decisions. Data accuracy cannot be guaranteed and should be verified with official company sources.
Frequently Asked Questions
What is NZME Limited's current dividend yield?
NZME Limited (NZM.NZ) currently has a dividend yield of 7.76% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.140) by the current share price ($1.15).
When does NZME Limited pay dividends?
Based on historical data, NZME Limited typically pays dividends semi-annually. The most recent ex-dividend date was 5/03/2026with a payment of $0.0706 per share. The payment date was 18/03/2026. Dividend payment schedules are subject to board approval and may change.
Does NZME Limited offer imputation credits?
NZME Limited is a New Zealand company listed on the NZX. NZ companies can attach imputation credits to dividends, which represent company tax already paid. These credits may affect your tax position — consult a tax professional. Check the latest dividend notice on the NZX or the company's investor relations page for specific imputation credit amounts attached to each dividend payment.
How long has NZME Limited been paying dividends?
Our database shows NZME Limited has 8 consecutive years of dividend payments. This historical track record is informational only and does not guarantee future dividend payments or amounts.
Where can I find NZME Limited's official dividend announcements?
Official dividend announcements for NZME Limited are published on the NZX market announcements platform and typically on the company's investor relations website. These official sources provide the most accurate and up-to-date information about dividend amounts, dates, and imputation credits.
Key Dividend Considerations for NZME Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for NZME Limited as of 22/05/2026:
Dividend Consistency
NZME Limited has made 8 consecutive years of dividend payments based on our records, with a total of 16 payments tracked.
Dividend Growth Pattern
Over the tracked period, NZME Limited's dividends have remained relatively stable:
Based on comparison of consecutive dividend payments. Historical data does not predict future performance.
Yield Context
| Metric | Value |
|---|---|
| Current Yield | 7.76% |
| 5-Year Average Yield | 7.76% |
| Communication Services Sector Average | 6.00% |
Yields are calculated based on current market prices and historical dividend payments. Future yields may differ.
Financial Sustainability Indicators
- Payout Ratio:100.0%
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:1.00x
- Higher coverage ratios may suggest more room to maintain dividends, though this is not guaranteed
Educational Note: These metrics provide historical context for dividend investors. They represent past performance and current market data. Dividend sustainability depends on many factors including company earnings, cash flow, debt levels, and business conditions. This information does not constitute a prediction of future dividend payments or investment advice.
Related Communication Services Stocks
Compare dividend yields across Communication Services sector companies
Investors interested in Communication Services dividend stocks often compare yields, payout ratios, and dividend growth across multiple companies. Below are 4 related NZX-listed stocks from the same sector, ranked by dividend yield. Past dividend history does not guarantee future payments. Compare yields, payout ratios, and fundamentals across companies.