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Home / Business / Companies / Energy

Entrust dividend: How to ensure you get your share of the payout

NZ Herald
27 Jun, 2025 04:02 AM2 mins to read

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Hundreds of thousands of Aucklanders pocketed an extra $350 last year in Entrust dividends.

Hundreds of thousands of Aucklanders pocketed an extra $350 last year in Entrust dividends.

More than 368,000 Auckland households and businesses will soon pocket hundreds of dollars when they get their annual Entrust dividend.

The payment to eligible beneficiaries in central, east and south Auckland last year was $350.*

Entrust, which is a 75% shareholder of lines and gas company Vector, usually pays the cash dividend to Vector customers within the Entrust district in September.

Entrust chairwoman Denise Lee urged eligible power account holders to check their details now so they could choose whether to have their dividend paid to their bank accounts or as a credit to their power accounts.

“It’s an easy process … having up-to-date information now means that power account holders receive their dividend without delay when the dividend is paid later this year,” Lee said.

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“By far the easiest and quickest way for people to update their payment preference is online via Entrust’s secure web platform. We know that our dividend is really appreciated, and we want to make it easy for people to receive it.”

Entrust said letters and emails would be going out this week to eligible power account holders.

Since 1994, the annual Entrust dividend has provided a yearly injection of more than $120 million to communities in central, east and south Auckland.

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Those communities have received more than $2 billion in total dividends from Entrust.

Vector reported a group net profit after tax of $118m for the first half of the 2025 financial year.

Adjusted earnings before interest, tax, depreciation and amortisation (ebitda) for continuing operations were $202m, up 16%.

The company has said it will pay an unimputed interim dividend of 12 cents per share.

Three easy steps to getting Entrust’s 2025 dividend:

  1. Check your letterbox or email inbox for the Entrust pack – out this week.
  2. If the account holder details are correct and you don’t want to change the payment method (direct credit to bank account or credit to power account), do nothing. Otherwise, update your payment details online via Entrust’s secure web platform by 5pm on Friday, August 8. Change all other details, such as your account name, with your electricity retailer.
  3. To receive future Entrust communications via email, check and update your email details with your electricity retailer

*An earlier version of this story incorrectly said last year’s dividend was $364.

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