Meridian Energy Limited

NZSE MEL.NZ

Meridian Energy Limited Dividend Yield on January 14, 2025: 3.11%

Meridian Energy Limited Dividend Yield is 3.11% on January 14, 2025, a 8.00% change year over year. Dividend yield measures the dividend per share relative to stock's price value; higher yield suggests higher dividend return.

Meridian Energy Limited 52-week high Dividend Yield is 3.22% on December 19, 2024, which is 3.54% above the current Dividend Yield.
Meridian Energy Limited 52-week low Dividend Yield is 2.40% on May 31, 2024, which is -22.57% below the current Dividend Yield.
Meridian Energy Limited average Dividend Yield for the last 52 weeks is 2.79%.

Key data

Date	Dividend Yield	Free Cash Flow Yield	Earnings Yield	Enterprise Value (EV)

NZSE: MEL.NZ

Meridian Energy Limited

CEO	Mr. Neal Barclay BCA, CA (NZICA)
IPO Date	Oct. 28, 2013
Location	New Zealand
Headquarters	55 Lady Elizabeth Lane
Employees	936
Sector	Utilities
Industries Renewables Electricity Utility

Description

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through wind farms, hydro power stations, and solar farms. The company also provides management, insurance, financing, professional, trustee, and software development services; and licenses Flux developed electricity and gas retailing platform, as well as offers solar installation services. It sells electricity under the Meridian Energy and Powershop brands. The company was formerly known as Hydro Energy Limited and changed its name to Meridian Energy Limited in March 1999. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand. Meridian Energy Limited Operates as subsidiary of New Zealand Government

Key trends

Past 5 years