LIC.NZ

Livestock Improvement Corporation Limited (LIC.NZ) is a New Zealand-based company listed on the NZX, primarily known for its focus on dairy herd improvement. As of the latest data, LIC offers a dividend yield of approximately 4.5%, with a 5-year range fluctuating between 3.5% and 5.5%. The company distributes dividends semi-annually, showing a stable payout history that appeals to income-focused investors seeking reliable yield. LIC maintains a payout ratio of around 60%, which is generally considered sustainable, allowing room for reinvestment in growth and operations. Recently, LIC has maintained steady dividends without significant cuts or growth spurts, aligning well with sector averages. This stability makes it particularly attractive for retirees or those seeking consistent dividend income. However, given the agricultural sector's susceptibility to market fluctuations and environmental challenges, could Livestock Improvement Corporation Limited face pressure to cut its dividend in the future? Investors should consider these factors when evaluating LIC's dividend prospects.