Mercury NZ Limited
MGHTFUtilities · Stock · monthly payer
$4.37
Add to PortfolioForward Yield
3.22%
Annual Dividend
$0.14
Payout Ratio
382%
5-Yr Growth
8.7%
Ex-Date
Mar 4, 2026
Frequency
Monthly
MGHTF Dividend Safety Score
44/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2026
Earnings payout coverage382% of earnings paid out
Free-cash-flow coverage103% of free cash flow
Balance-sheet strengthDebt/equity of 0.50
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 MGHTF a good dividend stock?
MixedMercury NZ Limited (MGHTF) pays a monthly dividend yielding 3.22% ($0.14/yr), with 5 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 8.7% 5-yr dividend growth
- 73% total price return over 5 years
Risks
- Cut its dividend in 2015
- Elevated payout ratio (382%)
- Below-average dividend safety score
Key Data
- Dividend Yield
- 3.22%
- Payout Ratio
- 382%
- Annual Dividend
- $0.14
- 5-Yr Avg Growth
- 8.7%
- Ex-Dividend Date
- Mar 4, 2026
- Years of Growth
- 5
- Frequency
- monthly
- Beta
- 0.34
- Market Cap
- $6.2B
- P/E Ratio
- 109.3
- 5-Yr Total Return
- 73%
- 52-Week Range
- $2.03 – $4.37
- Dividend Safety
- D · 44/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 4, 2026 | — | $0.0589 | regular |
| Mar 4, 2026 | — | $0.0588 | regular |
| Sep 3, 2025 | — | $0.0848 | regular |
| Sep 3, 2025 | — | $0.0847 | regular |
| Mar 5, 2025 | — | $0.0565 | regular |
| Mar 5, 2025 | — | $0.0564 | regular |
| Sep 11, 2024 | — | $0.0824 | regular |
| Mar 13, 2024 | — | $0.0548 | regular |
| Sep 13, 2023 | — | $0.0771 | regular |
| Mar 15, 2023 | — | $0.0512 | regular |
| Sep 14, 2022 | — | $0.0706 | regular |
| Mar 16, 2022 | — | $0.0471 | regular |
| Sep 14, 2021 | — | $0.0600 | regular |
| Mar 11, 2021 | — | $0.0400 | regular |
Income Calculator
At $0.14 / yr per share
Per payment (monthly)$1.17
Annual$14.00
Monthly avg$1.17
