SmarterDividends
MDDNF

Meridian Energy (MDDNF) Dividend

Meridian Energy Limited · Utilities · Utilities - Renewable · semiannual payer

$3.00

Fairly valued · -1% Add to Portfolio

As of Nov 5, 2026, Meridian Energy (MDDNF) pays a twice-yearly dividend, or $0.13 a year, a 4.31% yield at its $3.00 share price. It pays twice a year, usually in March and September. It has a dividend safety grade of D.

Forward Yield

4.31%

Annual Dividend

$0.13

Payout Ratio

434%

5-Yr Growth

1.6%

Ex-Date

Sep 3, 2026

Frequency

Semiannual

Key facts about MDDNF's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Meridian Energy Limited (MDDNF) has a forward dividend yield of 4.31%, based on an annual dividend of $0.13 per share and a share price of $3.00.
  • As of Nov 5, 2026, MDDNF's dividend safety grade from SmarterDividends is D (47 out of 100), which rates the dividend as unsafe.
  • MDDNF last cut its regular dividend in 2022.
  • MDDNF's most recent ex-dividend date was Sep 3, 2026, for a dividend of $0.0904 per share.
  • As of Nov 5, 2026, MDDNF pays out 434% of its trailing 12-month earnings as dividends (its payout ratio).
  • MDDNF's dividend has grown at an average rate of 1.6% a year over the past five years.
  • As of Nov 5, 2026, MDDNF's 4.31% yield is 33% above its five-year average yield of 3.24%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for MDDNF is $2.98 per share, 1% below the $3.00 share price, so MDDNF screens as fairly valued.
  • Meridian Energy Limited (MDDNF) pays its dividend semiannual, 2 times a year.
Cite this page

SmarterDividends, "MDDNF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/MDDNF

Is MDDNF a good dividend stock?

Mixed

Meridian Energy Limited (MDDNF) pays a semiannual dividend yielding 4.31% ($0.13/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2022
    • Elevated payout ratio (434%)
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    4.31%
    Payout Ratio
    434%
    Annual Dividend
    $0.13
    5-Yr Avg Growth
    1.6%
    Ex-Dividend Date
    Sep 3, 2026
    Years of Growth
    0
    Frequency
    semiannual
    Beta
    0.43
    Market Cap
    $8.0B
    P/E Ratio
    100.0
    5-Yr Total Return
    -2%
    52-Week Range
    $2.84 – $3.62
    Dividend Safety
    D · 47/100
    Ever Cut?
    Yes (2022)

    MDDNF dividend changes

    Meridian Energy Limited (MDDNF) pays a variable dividend: across the 17 payments on record since 2017, 8 were higher than the one before and 4 lower. The latest change was up 8.4% to $0.0904 per share, going ex-dividend on Sep 3, 2026.

    Ex-dateChangeOld → newMove
    Sep 3, 2026Higher$0.0834 → $0.0904+8.4%
    Mar 5, 2026Higher$0.0346 → $0.0359+3.7%
    Sep 4, 2024Higher$0.0670 → $0.0836+24.8%
    Mar 8, 2024Higher$0.0338 → $0.0346+2.5%
    Sep 6, 2023Lower$0.0843 → $0.0670−20.5%
    Mar 7, 2023Higher$0.0330 → $0.0338+2.6%
    Sep 7, 2022Higher$0.0631 → $0.0843+33.6%
    Mar 17, 2022Higher$0.0321 → $0.0330+2.6%
    Mar 30, 2021Lower$0.0458 → $0.0321−30.0%
    Sep 29, 2020Lower$0.0741 → $0.0631−14.9%
    Mar 30, 2020Lower$0.0488 → $0.0458−6.0%
    Sep 27, 2019Higher$0.0704 → $0.0741+5.4%
    Every MDDNF payment →Download every raise and cut (CSV)
    MDDNF ex-dividend date & scheduleNext ex-date Sep 3, 2026 · full ex-dividend historyView →MDDNF dividend historyEvery payment, totals by year, raises and cutsView →MDDNF dividend calculator100 shares pay $13.00 a year, $6.50 every six monthsCalculate →MDDNF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is MDDNF a good dividend stock?

    Mixed. Meridian Energy Limited (MDDNF) pays a semiannual dividend yielding 4.31% ($0.13/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is MDDNF undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MDDNF's fair value is about $2.98 versus a $3.00 share price — so it looks fairly valued (-1% vs. fair value).

    Is MDDNF's dividend safe?

    MDDNF has a dividend-safety grade of D (47/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is MDDNF's fair value?

    Our blended fair-value estimate for MDDNF is about $2.98 per share, about 1% below the current $3.00 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is MDDNF a buy, hold, or sell?

    We don't issue formal ratings, but on the data MDDNF screens as "mixed" and fairly valued. Meridian Energy Limited (MDDNF) pays a semiannual dividend yielding 4.31% ($0.13/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will MDDNF cut its dividend?

    MDDNF earns a dividend-safety grade of D (47/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does MDDNF pay a dividend?

    Yes. Meridian Energy Limited pays a semiannual dividend of about $0.13 per share annually, a forward yield of roughly 4.31%.

    How much dividend does 100 shares of MDDNF pay?

    At $0.13 per share a year, 100 shares of MDDNF pay $13.00 a year in dividends before tax, about $6.50 every six months. Buying them costs about $300 at the Nov 5, 2026 price.

    What is MDDNF's dividend yield?

    As of Nov 5, 2026, MDDNF's forward dividend yield is 4.31%, based on a $0.13 annual dividend and a $3.00 share price.

    What is MDDNF's dividend per share?

    As of Nov 5, 2026, MDDNF pays $0.13 per share per year, distributed on a semiannual basis.

    What is MDDNF's dividend payout ratio?

    As of Nov 5, 2026, MDDNF's payout ratio is 434% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has MDDNF grown its dividend?

    MDDNF does not currently have a long dividend-growth streak on record.

    When is the next MDDNF ex-dividend date?

    As of Nov 5, 2026, MDDNF's next ex-dividend date hasn't been announced. The most recent was Sep 3, 2026, for $0.0904 per share.

    Income Calculator

    At $0.13 / yr per share

    Per payment (semiannual)$6.50
    Annual$13.00
    Monthly avg$1.08
    Full MDDNF dividend calculator →

    Similar Dividend Stocks

    NEENEENextEra Energy, Inc.2.82%30 yrSOSOThe Southern Company3.26%25 yrDUKDUKDuke Energy Corporation3.35%21 yrNGGNGGNational Grid plc3.80%Utilities

    Compare MDDNF

    MDDNF vs NEEMDDNF vs SOMDDNF vs DUKMDDNF vs NGG

    Explore more

    Lists and tools related to MDDNF