Meridian Energy Ltd

MEL
stockUtilitiesRenewable ElectricityWellington, New Zealand
$6/day into MEL since 2015 would be worth $34,096 today — 2.0× the money.
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Meridian Energy Limited is a New Zealand electricity generator and retailer. The company generates the largest proportion of New Zealand's electricity, generating 35 percent of the country's electricity in the year ending December 2014, and is the fourth largest retailer, with 14 percent of market share in terms of customers as of December 2015.

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If you'd bought from year…

Same habit, different start year. Each row shows what a constant habit's worth of MEL-NZ would be worth today, had you started buying at that point in the asset's history.

Started$6/day$6/day coffee$42/wk$42/week coffee
Year 1 (2013) — listing
$44,876
2.4×
$65,475
2.4×
Year 6 (2018)
$18,048
1.4×
$26,367
1.4×
Year 11 (2023)
$5,519
1.1×
$8,091
1.1×

Repeated investment, no fees, dividends reinvested. $6/day coffee = $180 / month equivalent.

Headquarters

Wellington, New Zealand

Popular scenarios with MEL

meridianenergy.co.nz

For illustration only — not investment advice. Past performance is not indicative of future results.