Goodman NZ (GNZ.NZ) Share Price & Dividends
Goodman NZ (GNZ.NZ) has a 3.79% cash dividend yield (3.79% gross, including imputation credits). Its most recent dividend was 1.79c per share, ex-dividend 9 Sept 2026. Dividends can change and are not guaranteed.
Share Price (NZD)
N/A
Indicative — verify with your broker
Cash Dividend Yield
3.79%
Gross 3.79% incl. imputation credits
Market Cap
N/A
Total value
P/E Ratio
27.9
Price to earnings
Dividend reinvestment (DRP)
Unknown
Not stated in a distribution notice we hold
Dividend Information
Annual Rate
$0.070
Per share annually
Last Dividend
Unknown
Unknown
Ex-Dividend
Unknown
Most recent on record — none announced yet
Payout Ratio
-16.25
Of earnings
Years Paying
20
Consecutive
5Y Avg Yield
Unknown
Historical avg
Stock Analysis Summary
14-11-2026
Goodman NZ (GNZ.NZ) is a New Zealand listed property business in the Real Estate sector. It has paid dividends for 20 years, giving it one of the longer continuous distribution records among NZX-listed property entities. Dividend payments over that period have historically been consistent, though the amount paid has varied from year to year. The dividend has grown at an average rate of 11.93% a year over the past five years. The reported payout ratio is -16.25%, a negative figure that reflects accounting earnings being negative in the relevant period — commonly the result of property revaluation movements rather than cash distributions. A negative payout ratio means the ratio cannot be read as a straightforward measure of dividend cover. Dividends are decided by the board each period and can be reduced, suspended or stopped. Past payments and past growth rates do not guarantee future ones, and property-sector earnings in particular can move sharply with interest rates and asset valuations.
Dividend Calendar
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4 payments
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All sectors
GNZ dividend dates in your calendar
Ex-dividend and payment dates for Goodman NZ, updated as new dividends are declared.
Your calendar app decides how often it checks for changes — usually daily. Declared dividends can be revised, deferred or cancelled.
Dividend Growth History
Valuation Metrics
Financial Health
Goodman NZ Dividend History
GNZ dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Cash Dividend / Share | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 09/09/2026 | 17/09/2026 | $0.0179NZX notice | 5.05% | 1.99 | 1.99 |
| 10/06/2026 | 18/06/2026 | $0.0171NZX notice | N/A | 1.94 | 1.94 |
| 11/03/2026 | 19/03/2026 | $0.0171NZX notice | N/A | 1.96 | 1.96 |
| 03/12/2025 | 11/12/2025 | $0.0171NZX notice | N/A | 2.03 | 2.03 |
| 10/09/2025 | 18/09/2025 | $0.0171NZX notice | 5% | 2.05 | 2.05 |
| 05/06/2025 | 19/06/2025 | $0.0163NZX notice | N/A | ||
| 12/03/2025 | 20/03/2025 | $0.0163NZX notice | N/A | 1.95 | 1.95 |
| 27/11/2024 | 12/12/2024 | $0.0163NZX notice | N/A | 2.09 | 2.09 |
| 04/09/2024 | 19/09/2024 | $0.0163NZX notice | 4.84% | 2.07 | 2.09 |
| 04/06/2024 | 19/06/2024 | $0.0155NZX notice | N/A | 2.12 | 2.15 |
| 04/03/2024 | 20/03/2024 | $0.0155NZX notice | N/A | 2.1 | 2.15 |
| 29/11/2023 | 14/12/2023 | $0.0155NZX notice | N/A | 2.02 | 2.09 |
Amounts are the cash dividend per share, before imputation credits and tax. Rows marked NZX notice are taken from the company's own NZX distribution notice, in the currency it declared. Other rows come from a third-party data source and have not been verified against a notice.
Dividends by NZ tax year (per share)
| Tax year (1 Apr–31 Mar) | Payments | Cash | Imputation credits | Gross |
|---|---|---|---|---|
| 2026–27 | 2 | 3.50c | 0.00c | 3.50c |
| 2025–26 | 4 | 6.74c | 0.00c | 6.74c |
| 2024–25 | 4 | 6.42c | 0.00c | 6.42c |
Counted by payment date. Credits use each payment's imputation % from its NZX notice at the 28% company tax rate. This is a factual summary, not tax advice; your own tax depends on your circumstances.
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Investment Analysis: Goodman NZ
Dividend Payment Analysis
Goodman NZ (GNZ.NZ) operates in the Real Estate sector. It has a moderate dividend yield of 3.79% based on current market prices. For New Zealand income investors, this translates to approximately $0.0700 per share annually.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. Goodman NZcurrently maintains a payout ratio of not available, which is considered strong coverage.
Dividend Yield Context
A 3.79% 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. Goodman NZ trades at a P/E ratio of 27.9x, which is premium 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, Goodman NZ 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
Real Estate 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 Goodman NZ's current dividend yield?
Goodman NZ (GNZ.NZ) currently has a dividend yield of 3.79% as of 15/11/2026. This is calculated by dividing the annual dividend per share ($0.070) by the current share price (N/A).
When does Goodman NZ pay dividends?
Based on historical data, Goodman NZ typically pays dividends semi-annually. The most recent ex-dividend date was 9/09/2026with a payment of $0.0179 per share. The payment date was 17/09/2026. Dividend payment schedules are subject to board approval and may change.
Does Goodman NZ offer imputation credits?
Goodman NZ 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.
How long has Goodman NZ been paying dividends?
Our database shows Goodman NZ has 42 consecutive years of dividend payments. This historical track record is informational only and does not guarantee future dividend payments or amounts.
Where can I find Goodman NZ's official dividend announcements?
Official dividend announcements for Goodman NZ 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 Goodman NZ
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Goodman NZ as of 15/11/2026:
Dividend Consistency
Goodman NZ has made 42 consecutive years of dividend payments based on our records, with a total of 84 payments tracked.
Dividend Growth Pattern
Over the tracked period, Goodman NZ's dividends have remained relatively stable:
Based on comparison of consecutive dividend payments. Historical data does not predict future performance.
Yield Context
| Metric | Value |
|---|---|
| Current Yield | 3.79% |
| Real Estate Sector Average | 4.11% |
Yields are calculated based on current market prices and historical dividend payments. Future yields may differ.
Financial Sustainability Indicators
- Payout Ratio:N/A
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:N/Ax
- 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 Real Estate Stocks
Compare dividend yields across Real Estate sector companies
Investors interested in Real Estate 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.
PCT.NZ
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd
Cash Yield
7.17%
Price
$0.995
SPG.NZ
Stride Property Group
Cash Yield
7.08%
Price
$1.125
ARG.NZ
Argosy Property Limited
Cash Yield
6.49%
Price
$1.035
IPL.NZ
Investore Property Limited
Cash Yield
6.31%
Price
$1.055
KPG.NZ
Kiwi Property Group Limited
Cash Yield
6.15%
Price
$0.93
NZL.NZ
New Zealand Rural Land Company Limited
Cash Yield
5.97%
Price
$0.91