WBC.NZ vs SPK.NZ: Dividend Stock Comparison

Compare Westpac Banking Corporation and Spark New Zealand Limited side-by-side. See dividend yields, imputation credits, and key metrics to make an informed investment decision.

Westpac Banking Corporation

Dividend Yield3.53%
Market Cap171B
SectorFinancial Services

Spark New Zealand Limited

Dividend Yield9.36%
Market Cap4B
SectorCommunication Services

Detailed Dividend Comparison

MetricWBC.NZSPK.NZWinner
Dividend Yield
3.53%9.36%SPK.NZ
Company Name
Westpac Banking CorporationSpark New Zealand Limited-
Sector
Financial ServicesCommunication Services-
Market Capitalization
171B4BWBC.NZ

Which Dividend Stock is Better?

Choose WBC.NZ If:

  • You prefer larger, more established companies
  • You want exposure to the Financial Services sector

Choose SPK.NZ If:

  • You want the higher dividend yield (9.36% vs 3.53%)
  • You want exposure to the Communication Services sector

Investment Recommendation

Both WBC.NZ and SPK.NZ are quality NZ dividend stocks, but they serve different investment goals:

  • For income investors: SPK.NZ offers the higher yield at 9.36%
  • For diversification: Consider holding both stocks to spread sector risk
  • Check imputation: Review imputation credit ratios for tax efficiency

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