Channel Infrastructure NZ Limited, together with its subsidiaries, owns the infrastructure to support the distribution of fuel and energy products in New Zealand. The company engages in the fuels import terminal system, including jetty infrastructure at Marsden Point, storage tanks, and Marsden Point to Auckland pipeline; and Wiri land. It also provides laboratory testing services. The company was formerly known as The New Zealand Refining Company Limited and changed its name to Channel Infrastructure NZ Limited in March 2022. Channel Infrastructure NZ Limited was founded in 1961 and is based in Whangarei, New Zealand.
Channel Infrastructure NZ Dividend Announcement
• Channel Infrastructure NZ announced a semi annually dividend of NZ$0.04 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-04
• Channel Infrastructure NZ annual dividend for 2024 was NZ$0.06
• Channel Infrastructure NZ annual dividend for 2023 was NZ$0.06
• Channel Infrastructure NZ's trailing twelve-month (TTM) dividend yield is 3.33%
• Channel Infrastructure NZ's payout ratio for the trailing twelve months (TTM) is 149.02%
Channel Infrastructure NZ Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | NZ$0.04 | semi annually | 2024-09-20 |
2024-03-13 | NZ$0.01 | semi annually | |
2023-09-05 | NZ$0.04 | semi annually | 2023-09-20 |
2023-03-09 | NZ$0.02 | semi annually | 2023-03-20 |
2019-09-11 | NZ$0.02 | semi annually | 2019-09-19 |
2019-03-06 | NZ$0.04 | semi annually | 2019-03-21 |
2018-09-12 | NZ$0.03 | semi annually | 2018-09-20 |
2018-03-14 | NZ$0.12 | semi annually | 2018-03-22 |
2017-09-13 | NZ$0.06 | semi annually | 2017-09-28 |
2017-03-15 | NZ$0.06 | semi annually | 2017-03-30 |
2016-09-07 | NZ$0.03 | semi annually | |
2016-03-09 | NZ$0.20 | semi annually | |
2015-09-08 | NZ$0.05 | semi annually | |
2013-09-17 | NZ$0.00 | semi annually | |
2013-03-19 | NZ$0.01 | semi annually | |
2012-09-11 | NZ$0.00 | semi annually | |
2012-03-19 | NZ$0.02 | semi annually | |
2011-09-13 | NZ$0.01 | semi annually | |
2011-03-15 | NZ$0.02 | semi annually | |
2010-09-14 | NZ$0.02 | semi annually | |
2009-03-20 | NZ$0.30 | semi annually |
Channel Infrastructure NZ Dividend per year
Channel Infrastructure NZ Dividend growth
Channel Infrastructure NZ Dividend Yield
Channel Infrastructure NZ current trailing twelve-month (TTM) dividend yield is 3.33%. Interested in purchasing Channel Infrastructure NZ stock? Use our calculator to estimate your expected dividend yield:
Channel Infrastructure NZ Financial Ratios
Channel Infrastructure NZ Dividend FAQ
Other factors to consider when evaluating Channel Infrastructure NZ as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Channel Infrastructure NZ stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Channel Infrastructure NZ's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Channel Infrastructure NZ publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Channel Infrastructure NZ distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Channel Infrastructure NZ are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Channel Infrastructure NZ sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Channel Infrastructure NZ distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Channel Infrastructure NZ declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Channel Infrastructure NZ's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Channel Infrastructure NZ's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.