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% | 504.96% | 52.81% | 0.70% | 0.01% | 4.91% | -8.82% |
| Warehouse | 5.38% | 4733.51% | 289.67% | 1.24% | 0.00% | -21.71% | -12.50% |
| Hallenstein Glasson | 6.27% | 83.02% | 13.94% | 4.66% | 0.33% | 2.79% | 5.13% |
| Argosy Property | 6.58% | -102.52% | -15.48% | 0.70% | -0.04% | -0.20% | 1.03% |
| Vital Healthcare Property Trust | 5.23% | -53.18% | -11.63% | 0.69% | -0.06% | 2.19% | 2.18% |
| Property For Industry | 2.98% | -90.44% | -23.10% | 0.78% | -0.03% | 3.04% | 1.84% |
| Scales | 2.95% | 66.22% | 19.99% | 1.51% | 0.08% | -12.05% | 12.79% |
| NZX | 3.79% | 77.44% | 24.46% | 4.21% | 0.17% | 0.00% | 2.86% |
| Turners Automotive | 4.51% | 47.66% | 31.44% | 3.63% | 0.12% | 8.45% | 39.71% |
| Channel Infrastructure NZ | 6.27% | 155.36% | 32.44% | 1.95% | 0.06% | 0.00% | 0.00% |
| Chorus | 3.80% | -2144.44% | -459.49% | 4.92% | -0.01% | 26.09% | 0.00% |
| Delegat | 4.90% | 64.48% | 15.47% | 0.87% | 0.06% | 6.72% | 7.90% |
| Fisher & Paykel Healthcare | 1.13% | 84.76% | 102.86% | 9.51% | 0.10% | 6.15% | 7.84% |
| Freightways | 3.36% | 80.81% | 27.83% | 4.00% | 0.14% | 3.94% | 5.70% |
| Genesis Energy | 4.91% | -140.72% | -18.32% | 1.04% | -0.06% | -22.50% | -12.09% |
| Goodman Property Trust | 3.25% | -25.94% | -8.39% | 0.97% | -0.11% | -0.92% | 0.00% |
| Kiwi Property | 5.02% | -3459.75% | -646.06% | 0.74% | -0.00% | -5.92% | -2.62% |
| Marsden Maritime | 2.25% | 124.69% | 48.21% | 1.37% | 0.03% | -5.99% | 0.44% |
| Stride Property | 7.24% | 263.78% | 53.83% | 0.72% | 0.01% | -2.37% | -0.51% |
| Mainfreight | 2.47% | 83.00% | 33.61% | 3.79% | 0.11% | 23.86% | 17.95% |
| Port of Tauranga | 2.18% | 110.83% | 50.57% | 2.10% | 0.04% | 5.97% | -11.52% |