CMO.NZ

The Colonial Motor Company Limited (CMO.NZ), listed on the NZX, is known for providing dividend income to its shareholders. As of the latest data, the company offers a dividend yield of approximately 5.5%, with a 5-year range between 4.5% and 6.0%, indicating a relatively stable yield. Dividends are typically paid semi-annually, reflecting a consistent payout frequency. The payout ratio stands at around 60%, suggesting a sustainable approach to distributing profits while retaining enough for business growth. Recently, The Colonial Motor Company has maintained its dividend levels without cuts, aligning with income investor expectations for a reliable yield. Compared to sector averages, CMO.NZ's yield is competitive, making it an attractive option for retirees seeking steady income. However, investors should consider market conditions and company performance when evaluating dividend reliability. How reliable is The Colonial Motor Company Limited as a dividend payer this year? The company's track record and current financial health suggest it remains a dependable choice for dividend-seeking investors.