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Mercury NZ ( (MGHTF) ) just unveiled an announcement.
Mercury NZ has confirmed the foreign exchange rate for converting its FY2026 interim dividend into Australian dollars for investors on its Australian register, setting the NZD/AUD rate at 0.8309. The dividend, relating to the six months ended 31 December 2025, will be paid on 1 April 2026, with Australian shareholders receiving AUD 0.09775294 per share and the company’s dividend reinvestment plan remaining available with a 2% discount on new shares.
The announcement finalises currency terms for cross-border investors and provides clarity on cash and stock alternatives, underpinning Mercury’s ongoing engagement with its trans-Tasman shareholder base. By locking in the exchange rate and maintaining a full dividend reinvestment plan, Mercury supports predictable returns and offers investors an option to increase holdings in the renewables-focused utility without brokerage costs.
More about Mercury NZ
Mercury NZ Limited is a New Zealand-based electricity generator and retailer whose generation assets produce power exclusively from renewable sources, including hydro, geothermal and wind. The company also retails electricity, gas, broadband and mobile services, and is dual-listed on the NZX and ASX under the ticker MCY, with the New Zealand Government required to hold at least 51% of its shares.
See more data about MGHTF stock on TipRanks’ Stock Analysis page.