It’s important you’re making the right decision financially. An Authorised Financial Advisor can help you here. Once you’ve made a decision, you need to use a licensed sharebroker or their online services, or other online investment platforms, to buy or sell the shares. For more information click here.
It’s “MCY” on both the New Zealand and Australian stock exchanges.
You’ll find it all on our website. Our News page shows our announcements, and our Share Price page shows how our share price is tracking. You’ll also find all our disclosures on the NZX and ASX websites. Use our ticker code (MCY) to find us.
We have a 30 June balance date. Our interim reports will be available in late February following the release of our results and annual reports in late August. If you’re a shareholder, we’ll send these to you free via email or post, and we encourage the use of electronic copies to reduce environment impacts. They’re also on our website, under the Annual and Interim Reports page. If you’d like a hard copy, ask us to send you one by emailing ecomms@computershare.co.nz or you can set this as your preference with Computershare.
Our shareholder meetings are held in New Zealand at a time and place that works for as many shareholders as possible. Details are on our website, under the Annual Meeting page. If you’re a shareholder, we’ll send you a notice about four weeks before the meeting takes place.
Computershare Investor Services New Zealand
Postal address:
Private Bag 92 119
Auckland 1142
New Zealand
Phone: +64 9 488 8777
Email: enquiry@computershare.co.nz
www.investorcentre.com/nz
Computershare Investor Services Australia
Postal address:
PO Box 3329 Melbourne, VIC 3001
Australia
Phone: 1 800 501 366 (within Australia)
Phone: +61 3 9415 4083 (outside Australia)
It’s great that most of our shareholders have chosen to receive information electronically – it’s the most environmentally-friendly and cost-effective way. It’s your choice though, and we’ll send you printed information if you prefer.
If you’re receiving printed information and don’t really need it, it’s quick and easy to make the change to electronic:
We aim to pay dividends of 70% to 85% of Free Cash Flow, subject to Board considerations. Dividend payments are usually made twice a year – an interim dividend in March (making up about 40% of the total amount paid), and a final dividend in September.
You can read our full Dividend Policy and find details of past and declared dividends on our website, on the Dividends page.
Mercury does have a dividend reinvestment programme. Details of our Dividend Reinvestment Plan are available on the dividends section of our website: https://www.mercury.co.nz/investors/dividends.
Imputation is a mechanism that a company can use to pass on credits for income tax paid to shareholders when paying dividends. These imputation credits can offset the amount of income tax New Zealand resident shareholders would otherwise be liable to pay on the dividend income received.
Where we can, we’ll pay what’s known as a supplementary dividend to shareholders who aren’t New Zealand residents. This offsets the impact of ‘Non-Resident Withholding Tax’. We receive a tax credit equivalent to the supplementary dividend we pay. There’s no disadvantage to us or our shareholders, and non-resident shareholders don’t get a larger cash dividend than an equivalent New Zealand resident shareholder.
