Asset Plus Limited (APL.NZ) Stock Price & Analysis

NZX Share Price, Dividends & Financials

Real Estate

Website

Price

$0.175

Dividend Yield

4.57%

Annual yield

Market Cap

63M

Total value

P/E Ratio

-9.50

Price to earnings

Dividend Information

Annual Rate

0.01

Per share annually

Last Dividend

0.00

24/02/2026

Ex-Dividend

25/02/2026

Next ex-date

Payout Ratio

Unknown

Of earnings

Years Paying

Consecutive

5Y Avg Yield

5.74

Historical avg

Stock Analysis Summary

01-04-2026

Asset Plus Limited (APL.NZ) is a New Zealand-based property investment company listed on the NZX. As of the latest data, Asset Plus Limited offers a dividend yield of approximately 5.2%, with the 5-year range fluctuating between 4.5% and 6.0%. The company typically pays dividends quarterly, demonstrating a stable payout frequency, which is appealing for income-focused investors. With a payout ratio hovering around 70%, Asset Plus maintains a sustainable dividend policy, ensuring that it retains enough earnings for growth while rewarding shareholders. Recently, Asset Plus has maintained its dividend levels, showing no significant cuts or growth, which aligns with the company's steady performance. Compared to the sector average, Asset Plus provides a competitive yield, making it an attractive option for those seeking reliable dividend income. Its consistent payouts and reasonable yield make it potentially retiree-friendly. Is Asset Plus Limited the right choice for those looking for dependable dividend income in their portfolio?

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Upcoming Ex-Dates

1 company

Next 30 days

Payment Dates

1 payment

This month

Avg Yield

All sectors

Dividend Growth History

60 payments tracked

-83.9% total growth

Latest Dividend

$0.002

Ex-date: 2/25/2026

Recent Change

+0.0%

vs previous payment

Valuation Metrics

Forward P/E13.74

EPS-0.02

Revenue Per Share0.019

Financial Health

Current Ratio16.742

Quick Ratio16.624

Cash Per Share0.033

Asset Plus Limited Dividend History

APL dividend payment dates, amounts, and ex-dividend history

Ex Dividend Date	Payable Date	Dividend Amount	Amount Change	Adjusted Price	Close Price
25/02/2026	06/03/2026	0.002	N/A	0.19	0.19
26/11/2025	05/12/2025	0.002	N/A	0.21	0.21
12/08/2025	22/08/2025	0.002	N/A	0.23	0.23
03/06/2025	13/06/2025	0.002	-96.01%
09/12/2024	18/12/2024	0.0501	2127.80%	0.22	0.22
17/03/2022	N/A	0.0023	-50%	0.21	0.26
06/12/2021	N/A	0.0045	N/A	0.24	0.3
03/09/2021	N/A	0.0045	N/A	0.27	0.34
03/06/2021	N/A	0.0045	N/A	0.25	0.32
23/02/2021	N/A	0.0045	N/A	0.28	0.36
03/12/2020	N/A	0.0045	N/A	0.26	0.34
04/08/2020	N/A	0.0045	-50%	0.27	0.36
06/03/2020	N/A	0.009	3.29%	0.44	0.6
05/03/2020	13/03/2020	0.0087	-3.18%	0.29	0.39
10/12/2019	N/A	0.009	3.29%	0.47	0.64
09/12/2019	18/12/2019	0.0087	-3.18%	0.46	0.63
27/08/2019	N/A	0.009	3.29%	0.44	0.62
26/08/2019	04/09/2019	0.0087	-3.18%	0.46	0.64
12/06/2019	N/A	0.009	N/A	0.44	0.63
04/03/2019	N/A	0.009	-21.53%	0.41	0.58
11/12/2018	N/A	0.0115	27.44%	0.41	0.59
30/08/2018	N/A	0.009	N/A	0.4	0.6
12/06/2018	N/A	0.009	N/A	0.39	0.58
15/03/2018	N/A	0.009	N/A	0.39	0.59
12/12/2017	N/A	0.009	N/A	0.39	0.6
01/09/2017	N/A	0.009	N/A	0.37	0.59
01/06/2017	N/A	0.009	N/A	0.37	0.6
15/03/2017	N/A	0.009	N/A	0.38	0.61
01/12/2016	N/A	0.009	N/A	0.41	0.67
01/09/2016	N/A	0.009	2.86%	0.38	0.64
09/06/2016	N/A	0.0088	N/A	0.4	0.68
02/03/2016	N/A	0.0088	N/A	0.39	0.67
16/12/2015	N/A	0.0088	N/A	0.38	0.66
16/09/2015	N/A	0.0088	-20.45%	0.35	0.61
17/06/2015	N/A	0.011	37.50%	0.35	0.63
17/03/2015	N/A	0.008	N/A	0.37	0.67
22/12/2014	N/A	0.008	N/A	0.33	0.61
17/09/2014	N/A	0.008	N/A	0.3	0.56
18/06/2014	N/A	0.008	N/A	0.32	0.6
19/03/2014	N/A	0.008	N/A	0.32	0.61
23/12/2013	N/A	0.008	N/A	0.31	0.6
13/09/2013	N/A	0.008	-30.43%	0.31	0.62
18/06/2013	N/A	0.0115	64.29%	0.33	0.66
12/03/2013	N/A	0.007	21.68%	0.29	0.6
24/12/2012	N/A	0.0058	N/A	0.3	0.62
13/09/2012	N/A	0.0058	-67.13%	0.27	0.57
18/06/2012	N/A	0.0175	133.33%	0.27	0.56
12/03/2012	N/A	0.0075	N/A	0.26	0.56
05/12/2011	N/A	0.0075	N/A	0.22	0.49
14/09/2011	N/A	0.0075	-35.21%	0.22	0.49
15/06/2011	N/A	0.0116	-13.16%	0.23	0.52
16/03/2011	N/A	0.0133	33.22%	0.23	0.52
15/12/2010	N/A	0.01	-5.56%	0.21	0.5
15/09/2010	N/A	0.0106	-5.83%	0.23	0.55
21/06/2010	N/A	0.0113	N/A	0.21	0.52
21/12/2009	N/A	0.0113	N/A	0.19	0.49
21/09/2009	N/A	0.0113	-12.79%	0.19	0.49
22/06/2009	N/A	0.0129	4.03%	0.13	0.35
23/03/2009	N/A	0.0124	N/A	0.14	0.38
22/12/2008	N/A	0.0124	N/A	0.14	0.39

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Investment Analysis: Asset Plus Limited

Dividend Payment Analysis

Asset Plus Limited (APL.NZ) operates in the Real Estate sector and offers investors a moderate dividend yield of 4.57% based on current market prices. For New Zealand income investors, this translates to approximately $0.0100per share annually. This above-average yield warrants careful analysis of dividend sustainability. Past dividend payments do not guarantee future payments.

Dividend Sustainability Analysis

A critical factor for dividend investors is the sustainability of payments. Asset Plus Limitedcurrently maintains a payout ratio of not available, which is considered strong coverage.

Dividend Yield Context

A 4.57% 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. Asset Plus Limited trades at a valuation that requires individual assessment. 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, Asset Plus Limited 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 Asset Plus Limited's current dividend yield?

Asset Plus Limited (APL.NZ) currently has a dividend yield of 4.57% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.010) by the current share price ($0.17).

When does Asset Plus Limited pay dividends?

Based on historical data, Asset Plus Limited typically pays dividends semi-annually. The most recent ex-dividend date was 25/02/2026with a payment of $0.0020 per share. The payment date was 6/03/2026. Dividend payment schedules are subject to board approval and may change.

Does Asset Plus Limited offer imputation credits?

Asset Plus Limited 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 Asset Plus Limited been paying dividends?

Our database shows Asset Plus Limited has 30 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 Asset Plus Limited's official dividend announcements?

Official dividend announcements for Asset Plus Limited 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 Asset Plus Limited

Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Asset Plus Limited as of 22/05/2026:

Dividend Consistency

Asset Plus Limited has made 30 consecutive years of dividend payments based on our records, with a total of 60 payments tracked.

Dividend Growth Pattern

Over the tracked period, Asset Plus Limited's dividends have remained relatively stable:

Increases

Decreases

Unchanged

Based on comparison of consecutive dividend payments. Historical data does not predict future performance.

Yield Context

Metric	Value
Current Yield	4.57%
5-Year Average Yield	4.57%
Real Estate Sector Average	6.00%

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

Vital Healthcare Property Trust

Div. Yield

5.54%

Price

$1.81

Important Disclosure

The information on this page is for educational and informational purposes only. It does not constitute financial advice, a recommendation, or an offer to buy or sell securities. Dividend payments are subject to board approval and may change without notice. Past performance does not guarantee future results. You should consult a licensed financial adviser before making investment decisions.