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 | 7.70% | 504.96% | 51.86% | 0.69% | 0.01% | 4.91% | -8.82% |
| Warehouse | 4.95% | 4733.51% | 314.59% | 1.36% | 0.00% | -21.71% | -12.50% |
| Hallenstein Glasson | 6.28% | 83.02% | 13.91% | 4.65% | 0.33% | 2.79% | 5.13% |
| Argosy Property | 6.55% | -102.52% | -15.56% | 0.70% | -0.04% | -0.20% | 1.03% |
| Vital Healthcare Property Trust | 5.36% | -53.18% | -11.35% | 0.68% | -0.06% | 2.19% | 2.18% |
| Property For Industry | 4.03% | -90.44% | -23.70% | 0.81% | -0.03% | 3.04% | 1.84% |
| Scales | 3.02% | 66.22% | 19.56% | 1.47% | 0.08% | -12.05% | 12.79% |
| NZX | 4.07% | 77.44% | 22.79% | 4.02% | 0.18% | 0.00% | 2.86% |
| Turners Automotive | 4.87% | 47.66% | 29.09% | 3.33% | 0.12% | 8.45% | 39.71% |
| Channel Infrastructure NZ | 6.30% | 155.36% | 32.28% | 1.94% | 0.06% | 0.00% | 0.00% |
| Chorus | 3.43% | -2144.44% | -2549.64% | 27.30% | -0.01% | 26.09% | 0.00% |
| Delegat | 4.72% | 64.48% | 16.08% | 0.91% | 0.06% | 6.72% | 7.90% |
| Fisher & Paykel Healthcare | 0.78% | 84.76% | 150.20% | 13.91% | 0.10% | 6.15% | 7.84% |
| Freightways | 3.49% | 80.81% | 26.75% | 3.84% | 0.14% | 3.94% | 5.70% |
| Genesis Energy | 5.81% | -6178.69% | -494.91% | 0.81% | -0.00% | -22.50% | -12.09% |
| Goodman Property Trust | 3.09% | -25.94% | -8.81% | 1.01% | -0.11% | -0.92% | 0.00% |
| Kiwi Property | 4.70% | -3459.75% | -689.44% | 0.79% | -0.00% | -5.92% | -2.62% |
| Marsden Maritime | 3.67% | 124.69% | 29.55% | 0.84% | 0.03% | -5.99% | 0.44% |
| Stride Property | 6.76% | 8.23% | 1.31% | 0.76% | 0.56% | -2.37% | -0.51% |
| Mainfreight | 2.43% | 83.00% | 34.12% | 3.84% | 0.11% | 23.86% | 17.95% |
| Port of Tauranga | 2.36% | 110.83% | 46.82% | 1.96% | 0.04% | 5.97% | -11.52% |