Mercury NZ Limited
MGHTFUtilities · Stock · monthly payer
Forward Yield
3.22%
Annual Dividend
$0.14
Payout Ratio
382%
5-Yr Growth
8.7%
Ex-Date
Mar 4, 2026
Frequency
Monthly
Summary
As of July 2026, Mercury NZ Limited (MGHTF) yields 3.22% ($0.14 per share annually), with a blended fair-value estimate of $3.99 — -9% downside, so it screens as fairly valued. Dividend safety grade: D (44/100). 5 years of dividend growth.
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
MGHTF Price — Last 12 Months
Daily close
Price Return
1 Year
+13%
3 Years
+15%
5 Years
+73%
52-Week Range
$2.03 – $4.37
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MGHTF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Mercury NZ Limited is $3.99 per share, versus a market price of $4.37. That implies the stock is roughly fairly priced.
Fair Value
$3.99
Current Price
$4.37
Gap
-9%
Margin of Safety
-10%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 18.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.04 EPS, $0.14 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MGHTF Dividend Safety Score
Risky
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 4, 2026 | — | $0.0589 | regular |
| Mar 4, 2026 | — | $0.0588 | regular |
| Mar 4, 2026 | — | $0.0586 | regular |
| Mar 4, 2026 | — | $0.0585 | regular |
| Mar 4, 2026 | — | $0.0585 | regular |
| Mar 4, 2026 | — | $0.0585 | regular |
| Mar 4, 2026 | — | $0.0585 | regular |
| Mar 4, 2026 | — | $0.0584 | regular |
| Mar 4, 2026 | — | $0.0584 | regular |
| Mar 4, 2026 | — | $0.0584 | regular |
| Mar 4, 2026 | — | $0.0582 | regular |
| Mar 4, 2026 | — | $0.0582 | regular |
| Mar 4, 2026 | — | $0.0582 | regular |
| Mar 4, 2026 | — | $0.0582 | regular |
Income Calculator
At $0.14 / yr per share
