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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
2 mins to read

Record rainfall a boon for Mercury

Dividend upped for 16th consecutive year as power company records record hydro generation.

NBR Staff Mon, 21 Aug 2023

Mercury NZ has boosted its dividend yet again after record-breaking rainfall led to a record year of hydro generation at the power company.

The company’s hydro-generation, which was tracking at record levels at the half-year in February, was 28% higher than average in the year ended June 30, at

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NBR Staff Mon, 21 Aug 2023
Contact the Writer: editor@nbr.co.nz
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Record rainfall a boon for Mercury
Investment,
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