Meridian Energy Limited MEL.NZ Open Meridian Energy Limited in new tab
Meridian Energy Limited Analysis (MEL.NZ)
Is Meridian Energy Limited a good investment? Meridian Energy Limited (MEL.NZ) is currently trading at 5.87 NZD. Market analysts have a consensus price target of 6.29 NZD. This suggests a potential upside from current levels.
Earnings Schedule: Meridian Energy Limited is expected to release its next earnings report on Sept. 2, 2026. The market consensus estimate for Forward EPS is 0.23.
For income investors, Meridian Energy Limited pays a dividend yield of 3.61%. With a payout ratio of 467%, the dividend appears to be under pressure.
Investor FAQ
Does Meridian Energy Limited pay a dividend?
Yes, it pays an annual dividend of 0.21 NZD (3.61% yield).
What asset class is Meridian Energy Limited?
Meridian Energy Limited is classified as a Stock. You can compare it against 3 other assets in the "Related Symbols" list on this page.
When is the next earnings date?
The next earnings date is projected to be Sept. 2, 2026. The company currently has a trailing EPS of -0.04.
Company Profile
Meridian Energy Limited engages in the generation and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands. It also offers solar installation, software development, professional, and insurance services. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
Dividend Yield
3.61% (5y avg: 3.56%)
Annual Dividends
0.21 NZD
Next ex. div date
March 4, 2026
Payout Ratio
466.67%
Historical Dividends
| Year | Total Dividends |
|---|---|
| 2027 | 0.06 NZD |
| March 26, 2027 (estimated) | 0.0575 |
| 2026 | 0.25 NZD |
| Sept. 23, 2026 (estimated) | 0.1822 |
| March 24, 2026 | 0.0640 |
| 2025 | 0.22 NZD |
| Sept. 23, 2025 | 0.1485 |
| March 25, 2025 | 0.0707 |
| 2024 | 0.23 NZD |
| Sept. 20, 2024 | 0.1695 |
| March 26, 2024 | 0.0615 |
| 2023 | 0.19 NZD |
| Sept. 22, 2023 | 0.1190 |
| March 23, 2023 | 0.0685 |
| 2022 | 0.17 NZD |
| Sept. 23, 2022 | 0.1155 |
| April 8, 2022 | 0.0585 |
| 2021 | 0.17 NZD |
| Oct. 15, 2021 | 0.1120 |
| April 16, 2021 | 0.0570 |
| 2020 | 0.17 NZD |
| Oct. 16, 2020 | 0.1120 |
| April 16, 2020 | 0.0570 |
| 2019 | 0.16 NZD |
| Oct. 16, 2019 | 0.1072 |
| April 17, 2019 | 0.0570 |
| 2018 | 0.11 NZD |
| Oct. 17, 2018 | 0.0894 |
| April 17, 2018 | 0.0244 |
| 2017 | 0.14 NZD |
| Oct. 17, 2017 | 0.0870 |
| April 13, 2017 | 0.0533 |
| 2016 | 0.08 NZD |
| Sept. 28, 2016 | 0.0244 |
| March 29, 2016 | 0.0510 |
| 2015 | 0.05 NZD |
| Sept. 27, 2015 | 0.0395 |
| March 26, 2015 | 0.0111 |
| 2014 | 0.09 NZD |
| Sept. 25, 2014 | 0.0542 |
| March 26, 2014 | 0.0386 |
Yearly aggregated dividends
Dividends
|
Meridian Energy Limited
Mar 24, 2026 Paid
Dividend
0.064 NZD |
|
Meridian Energy Limited
Sep 23, 2025 Paid
Dividend
0.1485 NZD |
Historical Split Corporate Actions
| Split Date | Split Ratio to 1 |
|---|---|
| April 30, 2015 | 0.800000 |
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