Mercury NZ Limited (ASX:MCY) to Issue $0.09 Interim Dividend

Mercury NZ Limited (ASX:MCY) declared a interim dividend on Wednesday, February 25th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.085 per share on Tuesday, March 31st. This represents a yield of 160.0%. The ex-dividend date of this dividend is Tuesday, March 3rd.

Mercury NZ Price Performance

The firm has a market cap of $9.35 billion, a P/E ratio of 32.04 and a beta of 0.49. The company has a debt-to-equity ratio of 40.03, a quick ratio of 0.48 and a current ratio of 0.89.

Mercury NZ Company Profile

Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Retail, and Other segments. It operates 9 hydro generation stations on the Waikato River; 6 wind plants; and 5 geothermal generation stations in the central North Island. The company sells electricity to residential, commercial, industrial, and spot market customers under the GLOBUG, Trustpower, and Mercury brands.