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 | 7.06% | 221.64% | 14.26% | 0.75% | 0.05% | 4.31% | 0.78% |
| Warehouse | 4.76% | 4068.23% | 327.05% | 1.40% | 0.00% | -14.75% | -0.29% |
| Hallenstein Glasson | 6.30% | 83.02% | 13.18% | 4.39% | 0.33% | 1.76% | 3.66% |
| Argosy Property | 6.05% | 8.83% | 1.16% | 0.76% | 0.64% | 1.33% | 1.09% |
| Vital Healthcare Property Trust | 5.10% | -53.18% | -11.91% | 0.71% | -0.06% | 2.48% | 2.20% |
| Property For Industry | 4.00% | -90.44% | -23.86% | 0.80% | -0.03% | 2.26% | 13.67% |
| Scales | 2.05% | 87.12% | 19.56% | 1.51% | 0.08% | 1.09% | 0.00% |
| NZX | 4.09% | 83.61% | 19.67% | 3.96% | 0.21% | 5.81% | 10.99% |
| Turners Automotive | 4.96% | 29.75% | 4.09% | 1.63% | 0.40% | 12.20% | 0.00% |
| Channel Infrastructure NZ | 3.37% | 149.02% | 23.89% | 1.76% | 0.07% | 0.00% | 0.00% |
| Chorus | 5.68% | -3823.08% | -724.41% | 5.61% | -0.01% | 7.80% | 0.00% |
| Delegat | 4.96% | 63.09% | 9.97% | 0.86% | 0.09% | 9.42% | 29.57% |
| Fisher & Paykel Healthcare | 1.15% | 100.05% | 111.37% | 11.78% | 0.11% | 11.28% | 8.98% |
| Freightways | 3.52% | 76.44% | 20.79% | 3.85% | 0.19% | 4.46% | 27.31% |
| Genesis Energy | 5.24% | -659.91% | -58.65% | 0.90% | -0.02% | -22.16% | -11.41% |
| Goodman Property Trust | 2.92% | -19.93% | -4.68% | 0.98% | -0.20% | -1.88% | 2.40% |
| Kiwi Property | 4.93% | -359.50% | -71.55% | 0.78% | -0.01% | -7.65% | 3.47% |
| Marsden Maritime | 3.43% | 107.13% | 21.30% | 0.90% | 0.04% | -3.04% | 22.56% |
| Stride Property | 6.55% | 5.74% | 1.43% | 0.75% | 0.52% | -3.38% | 4.80% |
| Mainfreight | 2.29% | 80.09% | 27.91% | 4.08% | 0.15% | 29.08% | 27.09% |
| Port of Tauranga | 2.48% | 114.11% | 35.26% | 1.85% | 0.05% | 7.83% | 6.75% |