Mercury NZ Limited (MCY) to Issue Interim Dividend of $0.09 on March 31st

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 paid a dividend of 0.085 per share on Tuesday, March 31st. This represents a yield of 160.0%. The ex-dividend date is Tuesday, March 3rd.

Mercury NZ Price Performance

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

About Mercury NZ

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.