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The latest update is out from Meridian Energy Limited ( (MDDNF) ).
Meridian Energy has updated the details of its 2026 interim ordinary dividend for holders of its ASX-listed MEZ ordinary shares. The company has set the foreign exchange rate used to convert the dividend for Australian investors at 0.8238, with the payment scheduled for 24 March 2026 and relating to the six-month period ended 31 December 2025.
The record date for entitlement to this interim dividend was 6 March 2026, with the shares trading ex-dividend from 5 March 2026. The update clarifies the final AUD conversion mechanics for cross-border shareholders, providing greater certainty for Australian investors about the value and timing of their upcoming dividend payment.
More about Meridian Energy Limited
Meridian Energy Limited is a New Zealand-based electricity generator and retailer whose ordinary shares trade on the ASX as a foreign exempt NZX listing under the code MEZ. The company operates in the energy sector, focusing on supplying power to customers in New Zealand and serving Australian investors through its cross-border share listing.
For detailed information about MDDNF stock, go to TipRanks’ Stock Analysis page.