Nzme Dividend History ASX NZM Dividends Yield and Payout Ratio
Nzme paid dividend of 5.64c per share on 20 Mar 2024. The ex-dividend date for this dividend was 07 Mar 2024. The dividend amount was paid at franking rate of 0%. Nzme is paying dividends since or before Oct 2016.
The dividend yield of NZM is 11.11%. The dividend yield is defined as amount of dividend paid divided by the share price.
The NZM dividend payout ratio is 133.62%. The dividend payout ratio is defined as dividend amount divided by earning per share (EPS). If the dividend payout ratio is more than 100% then it means the company is paying more in dividend than what it is currently earning. For a good dividend paying company the ideal payout ratio should be less than 70%.
Key Dividend Metrics
Related: Nzme Stock and Company Fundamentals
Nzme (ASX:NZM) Latest Dividend
Following is the latest dividend details announced to the eligible shareholders of Nzme (ASX:NZM). The dividend was paid to those shareholders who held the shares until the ex-dividend date.
| Ex. Dividend Date | Thursday, 07 Mar 2024 |
|---|---|
| Dividend Payment Date | Wednesday, 20 Mar 2024 |
| Dividend Amount | 5.64c |
| Franking Rate | 0% |
| Dividend Type |
Nzme Dividend History
Following table shows the history of dividend amount, ex-dividend date, payment date for Nzme.
| Ex-Date | Pay-Date | Amount | Franking rate | Type |
|---|---|---|---|---|
| 07 Mar 2024 | 20 Mar 2024 | 5.64c | 0% | |
| 14 Sep 2023 | 27 Sep 2023 | 2.76c | 0% | |
| 09 Mar 2023 | 22 Mar 2023 | 5.43c | 0% | |
| 14 Sep 2022 | 27 Sep 2022 | 2.7c | 0% | |
| 10 Mar 2022 | 23 Mar 2022 | 4.66c | 85% | |
| 09 Sep 2021 | 22 Sep 2021 | 2.87c | 85% | |
| 15 Oct 2018 | 26 Oct 2018 | 1.85c | 0% | |
| 17 Apr 2018 | 03 May 2018 | 5.59c | 0% | |
| 16 Oct 2017 | 27 Oct 2017 | 3.12c | 0% | |
| 10 Apr 2017 | 28 Apr 2017 | 5.62c | 0% | |
| 13 Oct 2016 | 28 Oct 2016 | 2.79c | 0% |
Nzme Dividend Frequently Asked Questions
1. What is the ex-dividend date of Nzme (NZM)?
The ex-dividend date for most recent dividend of Nzme was 07 Mar 2024.
2. What is the payment date for most recent dividend of Nzme (NZM)?
As per the latest dividend details, the dividend payment date was 20 Mar 2024.
3. What is the dividend yield of Nzme (NZM)?
The trailing twelve months dividend yield of Nzme is 11.11%.
4. How often does the Nzme (NZM) pays Dividends?
In 2023, Nzme paid dividends in Invalid date and Invalid date making its dividend payment frequency 2 times in a year.
5. What is the dividend payout ratio of Nzme (NZM)?
The latest dividend payout ratio of Nzme (NZM) was 133.62%.