Contact Energy Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   NZD per share 
 Price  6.25
 Dividend  0.43
 Earnings  0.17
 Cash-flow  0.47
 Book value  3.68
 Equity  3.70

Contact Energy is part of Electricity business, which is part of Utilities industry. Contact Energy is a company from New Zealand, and his stocks are publicly traded.

Contact Energy paid a total dividend of 309 million NZD last year, for a market value of 4,488 millions (Market Cap 4,488 millions). Dividend per share of Contact Energy is 0.43 NZD, and his stock market price 6.25 NZD.

According to the chart below, where dividend yield is displayed, Contact Energy has a dividend yield of 6.95%, which is higher than the amount offered by both the market average and companies from New Zealand. It is also bigger than average of Utilities industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Contact Energy dividend yield with other Electricity companies or firms from New Zealand.

Dividend yield of Contact Energy

Contact Energy Dividend Payout

About the ability of Contact Energy to maintain his current dividend of NZD 0.43 per share, an amount that accounts for 6.95%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Contact Energy payout on ernings is currently 252.94%, which is higher than the market average, and companies of Utilities industry, which are 37.73% and 69.01% respectively. Both figures show that Contact Energy can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Contact Energy is NZD 0.47 per share, which is higher than the dividend per share paid by the company of NZD 0.43, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Contact Energy, compared againt world market average, New Zealand companies, Utilities industry and Electricity sector companies.

Contact Energy payout

Contact Energy Stock performance

Finally, last moth Contact Energy showed a return of 7.00% compared to a worldwide 4.36% average, and a -1.16% of Utilities firms. Over the last year, the company obtained a -25.40% versus a worldwide performance of a 2.13%. More detailed information can be seen in the following graph for New Zealand and Electricity firms.

Contact Energy stock and market return

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