SCL.NZ

Scales Corporation Limited (SCL.NZ), listed on the NZX, is known for providing a reliable dividend income to its shareholders. The company currently offers a dividend yield of around 4.5%, with a 5-year range typically between 3.5% and 5.5%. Dividends are paid semi-annually, demonstrating a stable payout history. The payout ratio is approximately 70%, which suggests a sustainable approach, balancing shareholder returns with business reinvestment. Recently, Scales Corporation has maintained a steady dividend without any significant cuts or increases, reflecting a consistent performance. When compared to sector averages, Scales offers a competitive yield, making it appealing to income-focused investors, particularly retirees seeking a steady income stream. The company's dividend yield is in line with income investor expectations, offering a retiree-friendly option in the New Zealand market. Given its stable dividend history and competitive yield, is Scales Corporation Limited a smart choice for income-focused NZ investors?