Meridian Energy Limited
MDDNFUtilities · Stock · monthly payer
$3.48
Add to PortfolioForward Yield
3.58%
Annual Dividend
$0.12
Payout Ratio
467%
5-Yr Growth
1.6%
Ex-Date
Mar 5, 2026
Frequency
Monthly
MDDNF Dividend Safety Score
50/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2026
Earnings payout coverage467% of earnings paid out
Free-cash-flow coverage74% of free cash flow
Balance-sheet strengthDebt/equity of 0.21
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MDDNF a good dividend stock?
MixedMeridian Energy Limited (MDDNF) pays a monthly dividend yielding 3.58% ($0.12/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2022
- Elevated payout ratio (467%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.58%
- Payout Ratio
- 467%
- Annual Dividend
- $0.12
- 5-Yr Avg Growth
- 1.6%
- Ex-Dividend Date
- Mar 5, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.46
- Market Cap
- $9.2B
- P/E Ratio
- —
- 5-Yr Total Return
- -10%
- 52-Week Range
- $2.84 – $3.96
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 5, 2026 | — | $0.0377 | regular |
| Mar 5, 2026 | — | $0.0376 | regular |
| Sep 4, 2025 | — | $0.0874 | regular |
| Sep 4, 2025 | — | $0.0873 | regular |
| Mar 6, 2025 | — | $0.0362 | regular |
| Mar 6, 2025 | — | $0.0362 | regular |
| Sep 4, 2024 | — | $0.0874 | regular |
| Mar 8, 2024 | — | $0.0362 | regular |
| Sep 6, 2023 | — | $0.0701 | regular |
| Mar 7, 2023 | — | $0.0353 | regular |
| Sep 7, 2022 | — | $0.0881 | regular |
| Mar 17, 2022 | — | $0.0344 | regular |
| Sep 29, 2021 | — | $0.0659 | regular |
| Mar 30, 2021 | — | $0.0336 | regular |
Income Calculator
At $0.12 / yr per share
Per payment (monthly)$1.00
Annual$12.00
Monthly avg$1.00
