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

Price

$5.16

Movement

0.29 (-5.32%)

as at 28 Apr - Closed (20 mins delayed)

52 Week Range

$4.76 - $6.24

 
1 Year Return

-4.97%

Meridian Energy Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $14.25 billion
P/E Ratio 35.12
Dividend Yield 3.44%
Shares Outstanding 2.61 billion
Earnings per share 0.166
Dividend per share 0.19
Year To Date Return 2.13%
Earnings Yield 2.85%
Franking -
Share Price

$5.16

Day Change

0.29 (-5.32%)

52 Week Range

$4.76 - $6.24

Yesterday's Close

$5.45

Today's Open

$5.45

Days Range

$5.13 - $5.45

Volume

82,668

Avg. Volume (1 month)

37,407

Turnover

$430,225

as at 28 Apr - Closed

Meridian Energy Ltd (ASX: MEZ)
Latest News

Two male ASX 200 analysts stand in an office looking at various computer screens showing share prices.
Broker Notes

7 ASX 200 large-cap shares just rerated amid market volatility

The broker ratings on many ASX 200 shares have changed this week amid the US tariffs turmoil.

Read more »

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 Austin Engineering, Magnetic Resources, Meridian Energy, and Minerals 260 shares are tumbling today

These shares are missing out on the good times on Thursday.

Read more »

Happy business woman with her co-workers.
Broker Notes

5 ASX 200 shares just upgraded to 'strong buy' ratings

Brokers say these 5 stocks will rise in value over the next 12 months.

Read more »

Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
Share Fallers

Why Austin Engineering, DroneShield, Meridian, and Ramelius shares are falling today

These shares are starting the week in the red. But why?

Read more »

A male investor sits at his desk pondering at his laptop screen with a piece of paper in his hand.
Share Market News

Is the ASX 200 on the verge of a market correction?

Here's how close we are to a market correction after another horror week.

Read more »

Woman and man calculating a dividend yield.
Share Market News

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

There was market turbulence in the final week of earnings season.

Read more »

A retiree relaxing in the pool and giving a thumbs up.
Dividend Investing

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

The utilities sector delivered the highest dividend returns last year. Are there more big payouts to come?

Read more »

Man drawing an upward line on a bar graph symbolising a rising share price.
Share Gainers

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

These shares are having a strong start to the week. But why?

Read more »

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.

Read more »

A business woman looks frustrated and angry at a huge stack of paperwork on her desk.
Share Market News

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.

Read more »

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…

Read more »

A young male ASX investor raises his clenched fists in excitement because of rising ASX share prices today
Share Gainers

Why AVITA Medical, Catapult, Meridian Energy, and Telix shares are storming higher today

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

Read more »

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
06 Mar 2025 $0.0548 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
28th Apr 2025 2025-04-28T07:30:29 New CFO and Executive ChangesYesNo7:30am2191k
17th Apr 2025 2025-04-17T13:01:09 D&O Ongoing Disclosure Notice - multipleYesNo1:01pm7250k
16th Apr 2025 2025-04-16T07:30:06 Meridian Energy monthly operating report for March 2025YesNo7:30am16418k
4th Apr 2025 2025-04-04T14:18:00 Ongoing D&O Disclosure NoticeYesNo2:18pm3177k
31st Mar 2025 2025-03-31T13:44:34 Ongoing D&O Disclosure - multipleYesNo1:44pm10314k
26th Mar 2025 2025-03-26T08:56:49 Ongoing Disclosure Notice - multipleYesNo8:56am7299k
26th Mar 2025 2025-03-26T07:30:13 Capital Change Notice Relating to the DRPYesNo7:30am3108k
25th Mar 2025 2025-03-25T07:30:17 Meridian to proceed with $227m Ruakaka Solar Farm 25 MarchYesNo7:30am7534k
20th Mar 2025 2025-03-20T12:17:59 Update - Dividend/Distribution - MEZYesNo12:17pm518k
17th Mar 2025 2025-03-17T07:30:58 Meridian Energy monthly operating report for February 2025YesNo7:30am14370k

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
24 Apr 2025 $5.45 $0.30 5.83% 25,187 $5.28 $5.45 $5.26
23 Apr 2025 $5.15 $-0.15 -2.83% 17,376 $5.30 $5.30 $5.15
22 Apr 2025 $5.30 $-0.10 -1.85% 43,142 $5.40 $5.40 $5.17
17 Apr 2025 $5.40 $0.11 2.08% 33,883 $5.30 $5.40 $5.26
16 Apr 2025 $5.29 $-0.20 -3.64% 39,938 $5.49 $5.49 $5.29
15 Apr 2025 $5.49 $0.18 3.39% 13,454 $5.31 $5.57 $5.31
14 Apr 2025 $5.31 $-0.12 -2.21% 46,439 $5.43 $5.59 $5.31
11 Apr 2025 $5.43 $-0.01 -0.18% 32,827 $5.43 $5.43 $5.32
10 Apr 2025 $5.44 $0.07 1.30% 74,138 $5.37 $5.44 $5.30
09 Apr 2025 $5.37 $0.00 0.00% 35,331 $5.32 $5.37 $5.26
08 Apr 2025 $5.37 $0.00 0.00% 26,694 $5.37 $5.37 $5.25
07 Apr 2025 $5.37 $0.15 2.87% 29,405 $5.22 $5.37 $5.19
04 Apr 2025 $5.22 $-0.11 -2.06% 31,894 $5.36 $5.36 $5.22
03 Apr 2025 $5.33 $0.18 3.50% 43,541 $5.27 $5.33 $5.13
02 Apr 2025 $5.15 $-0.15 -2.83% 36,416 $5.21 $5.36 $5.15
01 Apr 2025 $5.30 $0.30 6.00% 40,025 $5.04 $5.30 $5.04
31 Mar 2025 $5.00 $-0.26 -4.94% 41,606 $5.29 $5.29 $5.00
28 Mar 2025 $5.26 $0.22 4.37% 62,035 $5.22 $5.28 $5.07

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.
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

since

Note