2 Cheap Cars Group Limited (2CC.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$0.61
Dividend Yield
4.92%
Annual yield
Market Cap
28M
Total value
P/E Ratio
10.2
Price to earnings
Dividend Information
Annual Rate
0.03
Per share annually
Last Dividend
0.02
19/11/2025
Ex-Dividend
20/11/2025
Next ex-date
Payout Ratio
0.91
Of earnings
Years Paying
N/A
Consecutive
5Y Avg Yield
Unknown
Historical avg
Stock Analysis Summary
01-04-2026
As of the latest data, 2 Cheap Cars Group Limited (2CC.NZ) is listed on the NZX, but it does not currently pay dividends. This means there is no dividend yield, payout frequency, or payout ratio to report. Without a history of dividend payments, the company does not offer the reliable yield or retiree-friendly income that dividend-focused investors typically seek. The absence of dividends also means there are no recent changes to note, such as cuts or growth. For income-focused investors, particularly those prioritizing dividend income, 2 Cheap Cars Group Limited does not align with typical expectations. In comparison to other stocks in the sector that may provide regular dividends, 2CC.NZ might not be the best fit for those seeking steady income. Given this, is 2 Cheap Cars Group Limited a smart choice for income-focused NZ investors?
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Valuation Metrics
Financial Health
2 Cheap Cars Group Limited Dividend History
2CC dividend payment dates, amounts, and ex-dividend history
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Investment Analysis: 2 Cheap Cars Group Limited
Dividend Payment Analysis
2 Cheap Cars Group Limited (2CC.NZ) operates in the Consumer Cyclical sector and offers investors a moderate dividend yield of 4.92% based on current market prices. For New Zealand income investors, this translates to approximately $0.0300per share annually. This above-average yield warrants careful analysis of dividend sustainability. Past dividend payments do not guarantee future payments.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. 2 Cheap Cars Group Limitedcurrently maintains a payout ratio of 0.9%, which is considered strong coverage. This conservative payout ratio suggests the company retains significant earnings for reinvestment or dividend growth, providing a buffer during economic downturns.
Dividend Yield Context
A 4.92% yield aligns with typical NZ dividend-paying stocks, offering a balance between income and capital appreciation potential. Always compare yields within the same sector for meaningful context.
Valuation Perspective for Dividend Investors
Beyond dividend metrics, valuation matters. 2 Cheap Cars Group Limited trades at a P/E ratio of 10.2x, which is attractive by historical standards. Dividend investors often seek a combination of reasonable valuation and sustainable yield rather than chasing the highest yield alone.
Key Considerations Before Investing
Imputation Credits
As a New Zealand company, 2 Cheap Cars Group Limited may attach imputation credits to dividends, effectively providing NZ tax-resident shareholders with a tax credit for company tax already paid. Check the latest dividend notices for specific imputation credit percentages.
Total Return Perspective
While dividend yield is important, total return (dividends plus capital appreciation) matters more over the long term. Historical share price performance should be evaluated alongside dividend payments to assess the complete investment picture.
Sector-Specific Risks
Consumer Cyclical sector companies face unique industry dynamics. Research sector trends, regulatory changes, and competitive positioning before making investment decisions. Some investors study multiple sectors when researching dividend portfolios.
Important Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Past dividend payments do not guarantee future payments. Share prices and dividends can fall as well as rise. Always conduct your own research or consult a licensed financial adviser before making investment decisions. Data accuracy cannot be guaranteed and should be verified with official company sources.
Frequently Asked Questions
What is 2 Cheap Cars Group Limited's current dividend yield?
2 Cheap Cars Group Limited (2CC.NZ) currently has a dividend yield of 4.92% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.030) by the current share price ($0.61).
When does 2 Cheap Cars Group Limited pay dividends?
Based on historical data, 2 Cheap Cars Group Limited typically pays dividends semi-annually. Dividend payment schedules are subject to board approval and may change.
Does 2 Cheap Cars Group Limited offer imputation credits?
2 Cheap Cars Group Limited is a New Zealand company listed on the NZX. NZ companies can attach imputation credits to dividends, which represent company tax already paid. These credits may affect your tax position — consult a tax professional. Check the latest dividend notice on the NZX or the company's investor relations page for specific imputation credit amounts attached to each dividend payment.
Where can I find 2 Cheap Cars Group Limited's official dividend announcements?
Official dividend announcements for 2 Cheap Cars Group Limited are published on the NZX market announcements platform and typically on the company's investor relations website. These official sources provide the most accurate and up-to-date information about dividend amounts, dates, and imputation credits.
Key Dividend Considerations for 2 Cheap Cars Group Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for 2 Cheap Cars Group Limited as of 22/05/2026:
Yield Context
| Metric | Value |
|---|---|
| Current Yield | 4.92% |
| Consumer Cyclical Sector Average | 6.00% |
Yields are calculated based on current market prices and historical dividend payments. Future yields may differ.
Financial Sustainability Indicators
- Payout Ratio:0.9%
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:110.06x
- Higher coverage ratios may suggest more room to maintain dividends, though this is not guaranteed
Educational Note: These metrics provide historical context for dividend investors. They represent past performance and current market data. Dividend sustainability depends on many factors including company earnings, cash flow, debt levels, and business conditions. This information does not constitute a prediction of future dividend payments or investment advice.
Related Consumer Cyclical Stocks
Compare dividend yields across Consumer Cyclical sector companies
Investors interested in Consumer Cyclical dividend stocks often compare yields, payout ratios, and dividend growth across multiple companies. Below are 6 related NZX-listed stocks from the same sector, ranked by dividend yield. Past dividend history does not guarantee future payments. Compare yields, payout ratios, and fundamentals across companies.
MFB.NZ
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Div. Yield
5.93%
Price
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HLG.NZ
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Div. Yield
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Price
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CMO.NZ
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Div. Yield
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Price
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BGP.NZ
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Div. Yield
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Price
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TRA.NZ
Turners Automotive Group Limited
Div. Yield
3.84%
Price
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THL.NZ
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Div. Yield
3.41%
Price
$2.01