Is the Spark New Zealand dividend safe?
At risk
Spark New Zealand pays 7.4% a year, but that takes 126% of its free cash flow.
The numbers behind it
Dividend yield7.4%
Paid out of free cash flow126%
Paid out of profit116%
Debt in years of earnings2.2 years
How we decide
We look at how much of its free cash flow a company hands out. Under 60% leaves room, 60% to 90% is tight, and above 90% or heavy debt puts the dividend at risk.
More questions about Spark New Zealand
Data as of Nov 13, 2026.