Best Dividend Stocks New Zealand - 2024 List
New Zealand is known for its stable economy, robust corporate governance, and investor-friendly policies, making it an attractive destination for dividend-focused investors. The country is home to a variety of companies across industries like agriculture, real estate, and infrastructure, many of which offer consistent dividend payouts. By investing in dividend stocks in New Zealand, you can tap into a stable market while benefiting from reliable income streams. In this post, we’ll highlight some of the best dividend stocks in New Zealand, with a focus on their dividend yields, performance, and growth potential.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Steel & Tube | 7.56% | 221.64% | 13.31% | 0.70% | 0.05% | 4.31% | 12.56% |
| Warehouse | 5.00% | 4068.23% | 311.48% | 1.33% | 0.00% | -14.75% | 8.00% |
| Hallenstein Glasson | 6.24% | 83.02% | 13.30% | 4.45% | 0.33% | 1.76% | 23.30% |
| Argosy Property | 9.11% | 8.83% | 1.17% | 0.77% | 0.64% | 1.33% | 1.09% |
| Vital Healthcare Property Trust | 6.19% | -53.18% | -12.28% | 0.73% | -0.06% | 2.48% | 4.86% |
| Property For Industry | 4.93% | -90.44% | -23.81% | 0.81% | -0.03% | 2.26% | 13.67% |
| Scales | 2.07% | 87.12% | 19.33% | 1.50% | 0.08% | 1.09% | 0.00% |
| NZX | 4.15% | 83.61% | 19.41% | 3.91% | 0.21% | 5.81% | 10.99% |
| Turners Automotive | 7.00% | 29.75% | 3.70% | 1.47% | 0.40% | 12.20% | 0.00% |
| Channel Infrastructure NZ | 3.30% | 149.02% | 24.44% | 1.80% | 0.07% | 0.00% | 0.00% |
| Chorus | 3.34% | -2144.44% | -2617.10% | 28.00% | -0.01% | 7.80% | 0.00% |
| Delegat | 4.93% | 63.09% | 10.03% | 0.87% | 0.09% | 9.42% | 29.57% |
| Fisher & Paykel Healthcare | 1.16% | 100.05% | 109.96% | 11.64% | 0.11% | 11.28% | 16.97% |
| Freightways | 3.52% | 76.44% | 20.78% | 3.82% | 0.19% | 4.46% | 27.31% |
| Genesis Energy | 6.53% | -659.91% | -59.65% | 0.92% | -0.02% | -22.16% | -11.41% |
| Goodman Property Trust | 3.69% | -19.93% | -4.65% | 0.97% | -0.20% | -1.88% | 6.45% |
| Kiwi Property | 5.00% | -359.50% | -70.65% | 0.77% | -0.01% | -7.65% | 0.00% |
| Marsden Maritime | 3.38% | 107.13% | 21.61% | 0.91% | 0.04% | -3.04% | 22.56% |
| Stride Property | 6.43% | 5.74% | 1.44% | 0.75% | 0.52% | -17.26% | 2.01% |
| Mainfreight | 2.36% | 80.09% | 27.11% | 3.95% | 0.15% | 29.08% | 27.09% |
| Port of Tauranga | 2.47% | 114.11% | 35.37% | 1.86% | 0.05% | 7.83% | 6.75% |