Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We've been around for over 25 years and proudly own, and manage a significant real estate portfolio, comprising some of New Zealand's best mixed-use, retail and office buildings. Our objective is to provide investors with a reliable investment in New Zealand property through the ownership and active management of a diversified, high-quality portfolio. S&P Global Ratings has assigned Kiwi Property an issuer credit rating of BBB (stable) and an issue credit rating of BBB+ for each of its fixed rate senior secured bonds. Kiwi Property is the highest rated New Zealand company within CDP (Carbon Disclosure Project) and is a member of FTSE4 Good, a series of benchmark and tradable indices for ESG (Environmental, Social and Governance) investors. Kiwi Property is licensed under the Real Estate Agents Act 2008.
Kiwi Property Dividend Announcement
• Kiwi Property announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-05
• Kiwi Property annual dividend for 2024 was $0.03
• Kiwi Property annual dividend for 2023 was $0.04
• Kiwi Property's trailing twelve-month (TTM) dividend yield is 5.07%
• Kiwi Property's payout ratio for the trailing twelve months (TTM) is -359.50%
• Kiwi Property's dividend growth over the last five years (2018-2023) was -7.65% year
Kiwi Property Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | $0.01 | quarterly | 2024-09-20 |
2024-06-06 | $0.01 | quarterly | 2024-06-21 |
2024-03-14 | $0.01 | quarterly | |
2023-12-04 | $0.01 | quarterly | 2023-12-20 |
2023-09-05 | $0.01 | quarterly | 2023-09-20 |
2023-06-06 | $0.01 | quarterly | 2023-06-21 |
2023-03-15 | $0.01 | quarterly | 2023-03-23 |
2022-12-05 | $0.01 | quarterly | 2022-12-21 |
2022-09-12 | $0.01 | quarterly | 2022-09-21 |
2022-06-07 | $0.03 | quarterly | 2022-06-22 |
2021-12-02 | $0.03 | quarterly | 2021-12-17 |
2021-06-08 | $0.03 | quarterly | 2021-06-24 |
2020-12-03 | $0.02 | quarterly | 2020-12-18 |
2019-12-02 | $0.03 | quarterly | 2019-12-18 |
2019-06-04 | $0.03 | quarterly | 2019-06-20 |
2018-12-03 | $0.03 | quarterly | 2018-12-19 |
2018-06-05 | $0.03 | quarterly | 2018-06-21 |
2017-12-04 | $0.03 | quarterly | 2017-12-20 |
2017-06-06 | $0.03 | quarterly | 2017-06-22 |
2016-12-05 | $0.03 | quarterly | |
2016-05-31 | $0.03 | quarterly | |
2015-12-01 | $0.03 | quarterly | |
2015-05-22 | $0.02 | quarterly | |
2014-11-28 | $0.03 | quarterly | |
2014-06-03 | $0.03 | quarterly |
Kiwi Property Dividend per year
Kiwi Property Dividend growth
Kiwi Property Dividend Yield
Kiwi Property current trailing twelve-month (TTM) dividend yield is 5.07%. Interested in purchasing Kiwi Property stock? Use our calculator to estimate your expected dividend yield:
Kiwi Property Financial Ratios
Kiwi Property Dividend FAQ
Other factors to consider when evaluating Kiwi Property 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 Kiwi Property 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: Kiwi Property'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, Kiwi Property 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, Kiwi Property 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 Kiwi Property 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: Kiwi Property 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, Kiwi Property distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Kiwi Property 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 Kiwi Property'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 Kiwi Property'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.