Meridian Energy Limited to Issue Interim Dividend of $0.05 (ASX:MEZ)

Meridian Energy Limited (ASX:MEZ) declared a interim dividend on Thursday, February 27th, MarketIndexAU Dividends reports. Stockholders of record on Monday, March 24th will be given a dividend of 0.054 per share on Monday, March 24th. This represents a dividend yield of 1.06%. The ex-dividend date of this dividend is Wednesday, March 5th.

Meridian Energy Stock Performance

The company has a market cap of $15.67 billion, a PE ratio of 36.31, a PEG ratio of 33.58 and a beta of 0.76. The company has a debt-to-equity ratio of 16.70, a quick ratio of 1.10 and a current ratio of 1.05.

About Meridian Energy

Meridian Energy Limited engages in the generation, trading, and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. It generates electricity through 7 hydro stations that has a capacity of 2,353 MW; 5 wind farms that has a capacity of 416 MW; and grid-scale solar array, as well as offers solar installation services.