Meridian Energy Ltd (ASX: MEZ) Share Price and News

Price

$4.98

Movement

0.11 (-2.16%)

as at 14 Mar - Closed (20 mins delayed)

52 Week Range

$4.76 - $6.24

 
1 Year Return

-7.78%

Meridian Energy Ltd Chart and Price Data

2025
2025
2025
2025
$4
$5
$6
$4
$5
$6
$4
$5
$6
$4
$5
$6

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $13.27 billion
P/E Ratio 33.85
Dividend Yield 3.67%
Shares Outstanding 2.61 billion
Earnings per share 0.166
Dividend per share 0.19
Year To Date Return -4.56%
Earnings Yield 2.95%
Franking -
Share Price

$4.98

Day Change

0.11 (-2.16%)

52 Week Range

$4.76 - $6.24

Yesterday's Close

$5.09

Today's Open

$5.09

Days Range

$4.93 - $5.09

Volume

20,612

Avg. Volume (1 month)

48,227

Turnover

$102,032

as at 14 Mar - Closed

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  • Meridian Energy Ltd (ASX: MEZ)
    Latest News

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    Share Market News

    Why did ASX 200 tech shares tank 12% while utilities stocks rose strongly last week?

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    Which ASX 200 utilities share will pay the best dividend yield in 2025?

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    Why 4DMedical, Brainchip, Meridian, and SCEE shares are rising today

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    a man dressed in a green superhero lycra outfit stands in a crouched pose with arms outstretched as if ready to spring into action with a blue sky and oil barrels lying in the background.
    Energy Shares

    Why is this little-known ASX 200 electricity stock in the green today?

    Investors are buying the stock today.

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    Here's how the ASX 200 market sectors stacked up last week

    ASX utilities shares did best among the 11 market sectors during a volatile week of trading.

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    a man dressed in a green superhero lycra outfit stands in a crouched pose with arms outstretched as if ready to spring into action with a blue sky and oil barrels lying in the background.
    Energy Shares

    Top ASX green energy stocks in June 2024

    If this year’s Federal Budget is anything to go by, green energy could be one of the growth sectors to…

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    A young male ASX investor raises his clenched fists in excitement because of rising ASX share prices today
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    Why AVITA Medical, Catapult, Meridian Energy, and Telix shares are storming higher today

    These ASX shares are ending the week strongly. But why?

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    A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
    Share Fallers

    Why A2 Milk, Lindsay Australia, Meridian Energy, and Opthea shares are falling today

    These ASX shares are having a tough time on Thursday. But why?

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    A woman with short brown hair and wearing a yellow top looks at the camera with a puzzled and shocked look on her face as the Westpac share price goes down for no reason today
    Share Fallers

    Why Australian Clinical Labs, Meridian, MyState, and Sigma shares are falling today

    These ASX shares are ending the week in the red. But why?

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    A male electricity worker in hard hat and high visibility vest stands underneath large electricity generation towers as he holds a laptop computer and gazes up at the high voltage wires overhead.
    Share Market News

    ASX utilities shares lead the market on Thursday

    Only two market sectors finished in the green today.

    Read more »

    A woman with short brown hair and wearing a yellow top looks at the camera with a puzzled and shocked look on her face as the Westpac share price goes down for no reason today
    Share Fallers

    Why Bapcor, GUD, Meridian Energy, and Spartan Resources shares are falling

    Let's find out.

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    A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
    Share Fallers

    Why Boss Energy, Meridian Energy, Neuren, and Tyro shares are falling today

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    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    06 Mar 2025 $0.0543 0.00% Interim 25 Mar 2025
    04 Sep 2024 $0.1325 0.00% Final 20 Sep 2024
    08 Mar 2024 $0.0615 0.00% Interim 26 Mar 2024
    06 Sep 2023 $0.0168 0.00% Supplemental 22 Sep 2023
    06 Sep 2023 $0.1060 0.00% Final 22 Sep 2023
    07 Mar 2023 $0.0085 0.00% Supplemental 23 Mar 2023
    07 Mar 2023 $0.0541 0.00% Interim 23 Mar 2023
    07 Sep 2022 $0.0155 0.00% Supplemental 23 Sep 2022
    07 Sep 2022 $0.0992 0.00% Final 23 Sep 2022
    17 Mar 2022 $0.0089 0.00% Supplemental 08 Apr 2022
    17 Mar 2022 $0.0527 0.00% Interim 08 Apr 2022
    29 Sep 2021 $0.0170 0.00% Supplemental 15 Oct 2021
    29 Sep 2021 $0.1046 0.00% Final 15 Oct 2021
    30 Mar 2021 $0.0087 0.00% Supplemental 16 Apr 2021
    30 Mar 2021 $0.0515 0.00% Interim 16 Apr 2021
    29 Sep 2020 $0.0170 0.00% Supplemental 16 Oct 2020
    29 Sep 2020 $0.1016 0.00% Final 16 Oct 2020
    30 Mar 2020 $0.0244 0.00% Special Cash 16 Apr 2020
    30 Mar 2020 $0.0087 0.00% Supplemental 16 Apr 2020
    30 Mar 2020 $0.0743 0.00% Interim 16 Apr 2020
    27 Sep 2019 $0.0244 0.00% Special Cash 16 Oct 2019
    27 Sep 2019 $0.0163 0.00% Supplemental 16 Oct 2019
    27 Sep 2019 $0.1170 0.00% Final 16 Oct 2019
    28 Mar 2019 $0.0244 0.00% Special Cash 17 Apr 2019
    27 Sep 2018 $0.0136 0.00% Supplemental 17 Oct 2018
    27 Sep 2018 $0.0989 0.00% Final 17 Oct 2018
    28 Mar 2018 $0.0244 0.00% Special Cash 17 Apr 2018
    28 Mar 2018 $0.0084 0.00% Supplemental 17 Apr 2018
    28 Mar 2018 $0.0695 0.00% Interim 17 Apr 2018
    28 Sep 2017 $0.0135 0.00% Supplemental 17 Oct 2017
    28 Sep 2017 $0.0244 0.00% Special 17 Oct 2017
    28 Sep 2017 $0.0974 0.00% Final 17 Oct 2017
    30 Mar 2017 $0.0244 0.00% Special 13 Apr 2017
    30 Mar 2017 $0.0673 0.00% Interim 13 Apr 2017
    29 Sep 2016 $0.0244 0.00% Special 14 Oct 2016
    29 Sep 2016 $0.0133 0.00% Supplemental 14 Oct 2016
    30 Mar 2016 $0.0244 0.00% Special 15 Apr 2016
    30 Mar 2016 $0.0637 0.00% Interim 15 Apr 2016
    28 Sep 2015 $0.0990 0.00% Final 15 Oct 2015

    MEZ ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    13th Mar 2025 2025-03-13T07:30:24 Dividend reinvestment plan strike priceYesNo7:30am1117k
    26th Feb 2025 2025-02-26T10:04:34 Dividend/Distribution - MEZYesNo10:04am518k
    26th Feb 2025 2025-02-26T07:31:03 Meridian Energy Limited 2025 Interim ResultsYesNo7:31am896.9M
    25th Feb 2025 2025-02-25T07:30:51 Meridian and NZAS agree 50MW reduction for winter 2025YesNo7:30am1140k
    21st Feb 2025 2025-02-21T13:27:42 D&O Ongoing Disclosure Notices - multipleYesNo1:27pm7303k
    19th Feb 2025 2025-02-19T07:30:07 Meridian enters into agreement to acquire NZ WindfarmsYesNo7:30am2124k
    18th Feb 2025 2025-02-18T09:07:01 Meridian secures consent for Mt Munro Wind FarmYesNo9:07am1115k
    14th Feb 2025 2025-02-14T07:31:20 Meridian Energy monthly operating report for January 2025YesNo7:31am14371k
    12th Feb 2025 2025-02-12T07:33:12 GNE: Exploring options for Huntly Power StationYesNo7:33am1131k
    11th Feb 2025 2025-02-11T08:25:46 Interim results webcast and conference call detailsYesNo8:25am271k

    About Meridian Energy Ltd

    Meridian Energy is one of New Zealand's leading utilities. It is the largest electricity producer in the nation, with a third of the market, and the fourth-largest energy retailer, with about 15% of the market by customer numbers. It generates 100% renewable electricity, mainly from large hydroelectric schemes in the South Island. It also owns a geographically diversified portfolio of wind farms.

    MEZ Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    13 Mar 2025 $5.09 $0.19 3.88% 26,782 $4.90 $5.09 $4.90
    12 Mar 2025 $4.90 $-0.19 -3.73% 34,046 $5.08 $5.08 $4.90
    11 Mar 2025 $5.09 $0.25 5.17% 18,390 $4.90 $5.09 $4.90
    10 Mar 2025 $4.84 $-0.14 -2.81% 62,492 $4.98 $5.04 $4.84
    07 Mar 2025 $4.98 $0.15 3.11% 45,191 $4.85 $4.98 $4.85
    06 Mar 2025 $4.83 $-0.18 -3.59% 106,453 $5.01 $5.02 $4.76
    05 Mar 2025 $5.01 $-0.09 -1.76% 45,404 $5.12 $5.19 $5.01
    04 Mar 2025 $5.10 $-0.07 -1.35% 4,209 $5.20 $5.23 $5.10
    03 Mar 2025 $5.17 $-0.13 -2.45% 68,144 $5.29 $5.29 $5.12
    28 Feb 2025 $5.30 $0.19 3.72% 86,917 $5.14 $5.30 $5.03
    27 Feb 2025 $5.11 $-0.09 -1.73% 27,056 $5.25 $5.25 $5.11
    26 Feb 2025 $5.20 $-0.05 -0.95% 84,903 $5.12 $5.24 $5.08
    25 Feb 2025 $5.25 $0.05 0.96% 90,779 $5.20 $5.35 $5.12
    24 Feb 2025 $5.20 $-0.23 -4.24% 53,443 $5.43 $5.43 $5.20
    21 Feb 2025 $5.43 $-0.06 -1.09% 48,229 $5.49 $5.49 $5.31
    20 Feb 2025 $5.49 $0.14 2.62% 43,002 $5.38 $5.49 $5.29
    19 Feb 2025 $5.35 $-0.19 -3.43% 34,848 $5.54 $5.54 $5.35
    18 Feb 2025 $5.54 $0.00 0.00% 44,397 $5.54 $5.54 $5.28
    17 Feb 2025 $5.54 $0.06 1.09% 30,122 $5.42 $5.54 $5.40
    14 Feb 2025 $5.48 $0.08 1.48% 9,737 $5.39 $5.48 $5.29
    13 Feb 2025 $5.40 $0.18 3.45% 27,350 $5.34 $5.40 $5.29
    12 Feb 2025 $5.22 $-0.05 -0.95% 8,512 $5.33 $5.37 $5.22

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    04 Sep 2024 Tania Simpson Buy 2,148 $12,973
    On-market trade. nzd$

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Mark Verbiest Non-Executive DirectorNon-Executive Chairman Mar 2017
    Mr Verbiest is a company director, currently serving on the boards of companies and organizations which includes ANZ Bank New Zealand Limited (Director), Freightways Limited (Chairman)and the Advisory Board to New Zealand Treasury Advisory (Member). He is also a former board member of the Financial Markets Authority and former Chairman of both Spark New Zealand Limited and Transpower New Zealand Limited.
    Mr Mark Cooper Cairns Non-Executive Director Jul 2012
    Mr Cairns is Chair of the Safety & Sustainability Committee. Mark has worked in infrastructure (build/operate), logistic operations and complex supply chains for most of his career and brings Chief Executive experience in business operations at scale, including exposure to capital markets.
    Ms Janice (Jan) Amelia Dawson Non-Executive Director Nov 2012
    Ms Dawson is Chair of Westpac New Zealand, Deputy Chair of Air New Zealand Limited, Director of AIG Insurance New Zealand Limited and Beca Group. She was previously the Chair and Chief Executive of KPMG New Zealand with a career spanning 30 years specialising in audit and accounting services in the United Kingdom, Canada and New Zealand. She is a Vice President of World Sailing a Councillor of the University of Auckland. She was previously President of Yachting New Zealand and a director of Goodman Fielder Limited and Counties Manukau District Health Board. She is Chair of the People Committee and a member of Risk Committee.
    Ms Tania Joy Te Rangingangana Simpson Non-Executive Director Aug 2021
    Ms Simpson is member of the Safety and Sustainability Committee. She has experience in corporate governance, policy development and business having served as a director of Mighty River Power Limited for 13 years from 2001. She also holds the distinction of being the first Maori director on the Reserve Bank of New Zealand Board where she was the Deputy Chair.
    Ms Julia Cecile Hoare Non-Executive Director Sep 2019
    Ms Hoare is Chair of the Risk Committee. Julia has governance, financial, and commercial expertise. She has governance pedigree and is currently President and Chair of the Institute of Directors, Chair of Port of Tauranga, and a Director of Auckland International Airport, a2 Milk and Comvita Limited. During her executive career, Julia was a partner at PwC for two decades where she gained sustainability, financial and tax experience. In addition to commercial and financial experience in both the private and public sectors, Julia's skills also span infrastructure, logistics, utilities, and sustainable business practices.
    Mrs Nagaja Tharanginee Sanatkumar Non-Executive Director Jan 2020
    Mrs Sanatkumar serves as Chair of Safety and Sustainability Committees. She has had an international career with a focus on software information technology at scale, including senior roles at Amazon and Expedia. She has led digital information technology solutions and customer experience innovation for eCommerce retail, travel, and financial services products. Nagaja has over 23 years of global executive and leadership experience. She is also a Director for Foodstuffs North Island, NZ Post, Tuatahi First Fibre, Cawthron Institute and Groov.
    Ms Michelle Henderson Non-Executive Director Oct 2019
    Ms Henderson has engineering and industrial expertise with more than 20 years of experience in the Australasian industry sector. Based in Invercargill, she is a former executive of Rio Tinto, both in New Zealand and Australia. Ms Henderson previously held the role of Chief Operating Officer of PowerNet, an electricity distribution company and has lead employees across risk management, health and safety, infrastructure, and operations. She has experience in business delivery, process innovation, and ensuring people safety. She is a member of the Safety & Sustainability Committee and Risk Committee.
    Mr Graham John Cockroft Non-Executive Director Jul 2022
    Mr Cockroft has over 30 years of experience in the international energy industry, with executive roles in the UK, South America, New Zealand, and Asia. His experiences have been across the energy chain and under different political, economic, and regulatory regimes. He has a financial background and experience in strategy and business development. He is also member of Risk Committee.
    Mr David Carter Non-Executive Director Jul 2023
    Mr Carter has 30 plus years of experience has held various positions within the group. David has worked across a range of sectors both within New Zealand and offshore, from airports to ports, and wastewater treatment plants to heavy duty pavements. He has worked on remediation of the Larona hydro canal and on foundations for high rise structures. During his career he has worked on a range of projects including the Victorian (Australia) Desalination plant as a board member of the design JV. He was also a technical reviewer of the resource consent for the Kioreweku Hydroelectric project. He is also a member of the Safety & Sustainability Committee.
    Mr Neal Anthony Barclay Chief Executive Officer Dec 2017
    -
    Mr Jason Woolley Company SecretaryGeneral Counsel Dec 2019
    -
    Lisa Hannifin Chief Customer Officer
    -
    Neal Anthony Barclay Chief Executive Officer
    -
    Mike Roan Chief Financial Officer
    -
    Bharat Ratanpal Chief Information Officer
    -
    Jason Stein Chief People Officer
    -
    Jason Woolley Company SecretaryGeneral Counsel
    -
    Claire Shaw General Manager Corporate Affairs & Sustainability
    -
    Guy Waipara General Manager Development
    -
    Tania Palmer General Manager Generation
    -
    Chris Ewers General Manager Wholesale
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    The Sovereign in right of New Zealand acting by & through Minister of Finance & Minister 1,321,595,587 51.01%
    HSBC Nominees (New Zealand) Limited NZCSD 158,571,794 6.12%
    HSBC Nominees (New Zealand) Limited A/C State Street - NZCSD 123,650,989 4.77%
    JPMorgan Chase Bank NZ Branch Segregated Clients Account 114,327,875 4.41%
    Citibank Nominees (New Zealand) Limited NZCSD 94,186,838 3.63%
    Custodial Services Limited 87,947,496 3.39%
    BBP Paribas Nominees (NZ) Limited 81,708,735 3.15%
    Accident Compensation Corporation - NZCSD 46,643,610 1.80%
    HSBC Nominees A/C NZ Superannuation Fund Nominees Limited - NZCSD 30,481,228 1.17%
    TEA Custodians Limited Client Property Trust Account - NZCSD 26,686,005 1.03%
    JBWere (NZ) Nominees Limited 26,597,522 1.02%
    New Zealand Depository Nominee Limited 18,696,224 0.72%
    ANZ Wholesale Australasian Share Fund - NZCSD 17,843,344 0.68%
    BNP Paribas Nominees (Nz) Limited - NZCSD 16,668,854 0.64%
    Forsyth Barr Custodians Limited 16,334,246 0.63%
    FNZ Custodians Limited 15,044,700 0.58%
    Simplicity Nominees Limited - Nzcsd 12,452,897 0.48%
    PT (Booster Investments) Nominees Limited 9,894,449 0.38%
    ANZ Custodial Services New Zealand Limited - NZCSD 7,754,447 0.29%
    HSBC Custody Nominees (Australia) Limited 7,471,777 0.28%

    Profile

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