Meridian Energy Ltd

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Meridian Energy Ltd (MEZ) Price Performance

Meridian Energy Ltd (MEZ) trades on Australian Securities Exchange in AUD. The company is classified in the Utilities sector under the Utilities - Renewable industry. The stock currently trades at AUD4.52, down 2.16% from the previous close.

Over the past year, MEZ has traded between a low of AUD4.43 and a high of AUD5.40. The stock has lost 6.4% over this period. It is currently 16.2% below its 52-week high.

Meridian Energy Ltd has a market capitalization of $12.49B and a dividend yield of 4.81%.

About Meridian Energy Ltd

Meridian Energy Limited engages in the generation and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands. It also offers solar installation, software development, professional, and insurance services. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand. Meridian Energy Limited operates as a subsidiary of New Zealand.