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What amount of Mercurcy dividends, if any, have been invested in new generation year on year since 2020?

Answered Question 17319 (2026)
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Asked by

Scott Willis

List MP · Green Party

Question

  • What amount of Mercurcy dividends, if any, have been invested in new generation year on year since 2020?

Answered by

Hon Simeon Brown

Member for Pakuranga · National Party · Minister for State Owned Enterprises

Answer

I assume the Member is referring to Mercury NZ Limited. Dividends from Mercury NZ, net of the Dividend Reinvestment Plan, are cash outflows to its shareholders that are therefore not available to Mercury NZ for any purpose, including for it to invest into new generation. The Mercury NZ board determines the appropriate amount of dividend payable to all shareholders. It is not possible to know what Mercury NZ’s many shareholders chose to do with their dividends.