CNU.NZ

Chorus Limited (CNU.NZ) is a prominent telecommunications infrastructure company listed on the NZX. Known for providing a reliable dividend income, Chorus currently offers a dividend yield of approximately 4.5%, with the 5-year range fluctuating between 3.5% and 5.5%. The company pays dividends semi-annually, maintaining a stable payout history that appeals to income-focused investors, including retirees seeking a reliable yield. Chorus's payout ratio hovers around 70%, suggesting a sustainable dividend policy, though it leaves limited room for significant growth without increased earnings. Recently, Chorus has maintained steady dividend payments without notable cuts or growth, aligning well with sector averages and meeting income investor expectations. Given the competitive landscape and potential regulatory changes, could Chorus Limited face pressure to cut its dividend in the future? Investors should monitor the company’s financial health and market conditions to assess the sustainability of its current dividend policy.