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Millennium & Copthorne Hotels New Zealand Limited owns, operates, manages, leases, and franchises hotels in New Zealand and Australia. It is also involved in the ownership of residential apartments; investment and development properties. The company was incorporated in 1985 and is headquartered in Auckland, New Zealand. Millennium & Copthorne Hotels New Zealand Limited is a subsidiary of CDL Hotels Holdings New Zealand Limited.

Millennium & Copthorne Hotels New Zealand Dividend Announcement

Millennium & Copthorne Hotels New Zealand announced a annually dividend of NZ$0.03 per ordinary share which will be made payable on 2024-05-17. Ex dividend date: 2024-05-09
Millennium & Copthorne Hotels New Zealand annual dividend for 2024 was NZ$0.03
Millennium & Copthorne Hotels New Zealand annual dividend for 2023 was NZ$0.03
Millennium & Copthorne Hotels New Zealand's trailing twelve-month (TTM) dividend yield is 1.76%
Millennium & Copthorne Hotels New Zealand's payout ratio for the trailing twelve months (TTM) is 41.68%

Millennium & Copthorne Hotels New Zealand Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-09NZ$0.03annually2024-05-17
2023-05-04NZ$0.03annually2023-05-12
2022-05-05NZ$0.04annually2022-05-13
2020-05-07NZ$0.07annually2020-05-15
2019-05-09NZ$0.07annually2019-05-17
2018-05-10NZ$0.06annually2018-05-18
2017-05-11NZ$0.05annually2017-05-19
2016-05-12NZ$0.03annually
2015-05-06NZ$0.02annually
2014-05-07NZ$0.01annually
2013-05-01NZ$0.00annually
2012-05-02NZ$0.00annually

Millennium & Copthorne Hotels New Zealand Dividend per year

Millennium & Copthorne Hotels New Zealand Dividend growth

Millennium & Copthorne Hotels New Zealand Dividend Yield

Millennium & Copthorne Hotels New Zealand current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing Millennium & Copthorne Hotels New Zealand stock? Use our calculator to estimate your expected dividend yield:

Millennium & Copthorne Hotels New Zealand Financial Ratios

P/E ratio23.63
PEG ratio0.08
P/B ratio0.51
ROE2.11%
Payout ratio41.68%
Current ratio4.59
Quick ratio4.15
Cash Ratio1.04

Millennium & Copthorne Hotels New Zealand Dividend FAQ

How much is the next Millennium & Copthorne Hotels New Zealand dividend?
Millennium & Copthorne Hotels New Zealand's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Millennium & Copthorne Hotels New Zealand dividend. The next Millennium & Copthorne Hotels New Zealand dividend will be released in May.
When is Millennium & Copthorne Hotels New Zealand dividend paid?
Millennium & Copthorne Hotels New Zealand pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Millennium & Copthorne Hotels New Zealand pay?
The specific amount of Millennium & Copthorne Hotels New Zealand dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Millennium & Copthorne Hotels New Zealand's dividend history.
Does Millennium & Copthorne Hotels New Zealand stock pay dividends?
Yes, Millennium & Copthorne Hotels New Zealand does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Millennium & Copthorne Hotels New Zealand's dividend history.
How much dividend does Millennium & Copthorne Hotels New Zealand pay?
Millennium & Copthorne Hotels New Zealand paid NZ$0.03 in 2024, NZ$0.03 in 2023, NZ$0.035 in 2022, NZ$0.0 in 2021, and NZ$0.075 in 2020.
How often does Millennium & Copthorne Hotels New Zealand pay dividends?
Millennium & Copthorne Hotels New Zealand typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is Millennium & Copthorne Hotels New Zealand's dividend yield?
The current dividend yield for Millennium & Copthorne Hotels New Zealand is 1.76%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Millennium & Copthorne Hotels New Zealand's exact dividend yield.
When does Millennium & Copthorne Hotels New Zealand go ex dividend?
Millennium & Copthorne Hotels New Zealand's ex-dividend date for the latest dividend was on 2024-05-09. Millennium & Copthorne Hotels New Zealand typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Millennium & Copthorne Hotels New Zealand dividend paid?
Millennium & Copthorne Hotels New Zealand pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will Millennium & Copthorne Hotels New Zealand increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Millennium & Copthorne Hotels New Zealand will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Millennium & Copthorne Hotels New Zealand dividend per share?
Millennium & Copthorne Hotels New Zealand paid NZ$0.03 per share in 2024 and NZ$0.03 per share in 2023. The amount of dividend per share that Millennium & Copthorne Hotels New Zealand pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Millennium & Copthorne Hotels New Zealand a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Millennium & Copthorne Hotels New Zealand a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Millennium & Copthorne Hotels New Zealand a dividend stock?
Yes, Millennium & Copthorne Hotels New Zealand is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Millennium & Copthorne Hotels New Zealand a good dividend stock?
Whether Millennium & Copthorne Hotels New Zealand is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Millennium & Copthorne Hotels New Zealand has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Millennium & Copthorne Hotels New Zealand 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.
Does Millennium & Copthorne Hotels New Zealand pay dividends monthly?
Millennium & Copthorne Hotels New Zealand typically pays dividends on a annually basis.
Does Millennium & Copthorne Hotels New Zealand pay dividends quarterly?
Millennium & Copthorne Hotels New Zealand currently pays dividends on a annually basis.
Has Millennium & Copthorne Hotels New Zealand ever paid a dividend?
Yes, Millennium & Copthorne Hotels New Zealand has a history of paying dividends to its shareholders. Millennium & Copthorne Hotels New Zealand is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Millennium & Copthorne Hotels New Zealand dividend stocks?
To buy Millennium & Copthorne Hotels New Zealand you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Millennium & Copthorne Hotels New Zealand 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.
When does Millennium & Copthorne Hotels New Zealand pay dividends 2024?
Millennium & Copthorne Hotels New Zealand pays dividends on a annually basis. 2024 dividend payments are in 2024-05-17. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Millennium & Copthorne Hotels New Zealand increase its dividend in 2024?
Decisions regarding Millennium & Copthorne Hotels New Zealand dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Millennium & Copthorne Hotels New Zealand dividend overview you can look into the above table of dividend history.
How Millennium & Copthorne Hotels New Zealand dividend works?
The Millennium & Copthorne Hotels New Zealand dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Millennium & Copthorne Hotels New Zealand's dividend process works:

1. Determination of Dividend: Millennium & Copthorne Hotels New Zealand'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, Millennium & Copthorne Hotels New Zealand 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, Millennium & Copthorne Hotels New Zealand 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 Millennium & Copthorne Hotels New Zealand 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.
How are Millennium & Copthorne Hotels New Zealand dividends paid?
Millennium & Copthorne Hotels New Zealand dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Millennium & Copthorne Hotels New Zealand 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, Millennium & Copthorne Hotels New Zealand distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Millennium & Copthorne Hotels New Zealand 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.
How many times does Millennium & Copthorne Hotels New Zealand pay dividends?
Millennium & Copthorne Hotels New Zealand typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Millennium & Copthorne Hotels New Zealand pay dividends?
The general pattern is that Millennium & Copthorne Hotels New Zealand pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Millennium & Copthorne Hotels New Zealand dividend safe?
The safety of Millennium & Copthorne Hotels New Zealand's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Millennium & Copthorne Hotels New Zealand'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 Millennium & Copthorne Hotels New Zealand'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.