Argosy Property Limited (ARG.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$1.045
Dividend Yield
6.43%
Annual yield
Market Cap
913M
Total value
P/E Ratio
6.39
Price to earnings
Dividend Information
Annual Rate
0.07
Per share annually
Last Dividend
0.02
08/06/2026
Ex-Dividend
09/06/2026
Next ex-date
Payout Ratio
-95.00
Of earnings
Years Paying
22
Consecutive
5Y Avg Yield
5.36
Historical avg
Stock Analysis Summary
01-04-2026
Argosy Property Limited (ARG.NZ) is a prominent real estate investment trust listed on the NZX, known for providing steady dividend income to its shareholders. As of the latest data, Argosy offers a current dividend yield of around 5.5%, with a 5-year range typically fluctuating between 5% and 6%. The company maintains a quarterly payout frequency, showcasing a stable dividend history that appeals to income-focused investors, including retirees seeking reliable yield. With a payout ratio generally hovering around 80% of its earnings, Argosy's dividends are considered sustainable, supported by its consistent rental income from a diversified property portfolio. Recently, Argosy has maintained its dividend levels, reflecting resilience amidst market fluctuations. Compared to sector averages, Argosy's yield is competitive, meeting the expectations of income investors looking for steady returns. Given its track record and market position, Argosy Property Limited remains a strong contender for dividend-seeking portfolios. Is Argosy Property Limited still a top dividend pick in 2025?
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Argosy Property Limited Dividend History
ARG dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 10/03/2026 | 25/03/2026 | 0.0179 | 0.40% | 1.16 | 1.16 |
| 02/12/2025 | 17/12/2025 | 0.0178 | -0.38% | 1.25 | 1.25 |
| 09/09/2025 | 24/09/2025 | 0.0179 | 7.60% | 1.14 | 1.14 |
| 10/06/2025 | 25/06/2025 | 0.0176 | 5.95% | ||
| 11/03/2025 | 26/03/2025 | 0.0166 | N/A | 1.01 | 1.01 |
| 03/12/2024 | 18/12/2024 | 0.0166 | N/A | 1.07 | 1.07 |
| 10/09/2024 | 25/09/2024 | 0.0166 | N/A | 1.12 | 1.14 |
| 11/06/2024 | 26/06/2024 | 0.0166 | N/A | 1.05 | 1.08 |
| 12/03/2024 | 27/03/2024 | 0.0166 | N/A | 1.08 | 1.13 |
| 05/12/2023 | 20/12/2023 | 0.0166 | N/A | 1.03 | 1.09 |
| 12/09/2023 | 27/09/2023 | 0.0166 | N/A | 1.02 | 1.1 |
| 06/06/2023 | 21/06/2023 | 0.0166 | N/A | 1 | 1.09 |
| 14/03/2023 | 29/03/2023 | 0.0166 | N/A | 1.02 | 1.13 |
| 06/12/2022 | 21/12/2022 | 0.0166 | N/A | 1.03 | 1.16 |
| 13/09/2022 | 28/09/2022 | 0.0166 | 1.53% | 1.14 | 1.3 |
| 07/06/2022 | 22/06/2022 | 0.0164 | N/A | 1.05 | 1.22 |
| 15/03/2022 | 30/03/2022 | 0.0164 | N/A | 1.15 | 1.36 |
| 07/12/2021 | 22/12/2021 | 0.0164 | N/A | 1.23 | 1.46 |
| 14/09/2021 | 29/09/2021 | 0.0164 | 1.55% | 1.37 | 1.65 |
| 08/06/2021 | 23/06/2021 | 0.0161 | N/A | 1.27 | 1.54 |
| 16/03/2021 | 30/03/2021 | 0.0161 | -1.53% | 1.2 | 1.47 |
| 08/12/2020 | 23/12/2020 | 0.0164 | 3.15% | 1.22 | 1.51 |
| 15/09/2020 | 30/09/2020 | 0.0159 | N/A | 1.07 | 1.35 |
| 09/06/2020 | 24/06/2020 | 0.0159 | -2.31% | 0.96 | 1.21 |
| 10/03/2020 | 25/03/2020 | 0.0163 | 3.59% | 1.04 | 1.33 |
| 04/12/2019 | 19/12/2019 | 0.0157 | -0.02% | 1.07 | 1.39 |
| 10/09/2019 | 25/09/2019 | 0.0157 | -1.17% | 1.14 | 1.5 |
| 11/06/2019 | 26/06/2019 | 0.0159 | -20.35% | 0.99 | 1.32 |
| 12/03/2019 | 27/03/2019 | 0.0199 | 27.55% | 0.93 | 1.25 |
| 04/12/2018 | 19/12/2018 | 0.0156 | N/A | 0.85 | 1.15 |
| 11/09/2018 | 26/09/2018 | 0.0156 | 0.81% | 0.8 | 1.1 |
| 12/06/2018 | 27/06/2018 | 0.0155 | N/A | 0.76 | 1.07 |
| 13/03/2018 | 28/03/2018 | 0.0155 | N/A | 0.71 | 1.01 |
| 05/12/2017 | 20/12/2017 | 0.0155 | N/A | 0.72 | 1.04 |
| 13/09/2017 | 28/09/2017 | 0.0155 | 1.64% | 0.71 | 1.03 |
| 14/06/2017 | 29/06/2017 | 0.0153 | N/A | 0.7 | 1.04 |
| 15/03/2017 | 30/03/2017 | 0.0153 | N/A | 0.64 | 0.96 |
| 06/12/2016 | 21/12/2016 | 0.0153 | N/A | 0.67 | 1.02 |
| 13/09/2016 | 28/09/2016 | 0.0153 | N/A | 0.73 | 1.14 |
| 14/06/2016 | 29/06/2016 | 0.0153 | 1.67% | 0.73 | 1.16 |
| 15/03/2016 | 30/03/2016 | 0.015 | N/A | 0.73 | 1.17 |
| 01/12/2015 | 17/12/2015 | 0.015 | N/A | 0.71 | 1.14 |
| 07/09/2015 | 23/09/2015 | 0.015 | N/A | 0.66 | 1.09 |
| 10/06/2015 | 26/06/2015 | 0.015 | N/A | 0.67 | 1.12 |
| 09/03/2015 | 25/03/2015 | 0.015 | N/A | 0.67 | 1.13 |
| 01/12/2014 | 17/12/2014 | 0.015 | N/A | 0.64 | 1.09 |
| 08/09/2014 | 24/09/2014 | 0.015 | N/A | 0.58 | 1.01 |
| 06/06/2014 | 24/06/2014 | 0.015 | N/A | 0.55 | 0.97 |
| 10/03/2014 | 26/03/2014 | 0.015 | N/A | 0.51 | 0.92 |
| 03/12/2013 | 19/12/2013 | 0.015 | N/A | 0.51 | 0.93 |
| 09/09/2013 | 25/09/2013 | 0.015 | 1.10% | 0.51 | 0.94 |
| 10/06/2013 | 26/06/2013 | 0.0148 | N/A | 0.53 | 0.99 |
| 11/03/2013 | 27/03/2013 | 0.0148 | N/A | 0.5 | 0.95 |
| 11/12/2012 | 21/12/2012 | 0.0148 | N/A | 0.49 | 0.94 |
| 10/09/2012 | 26/09/2012 | 0.0148 | N/A | 0.44 | 0.86 |
| 11/06/2012 | 27/06/2012 | 0.0148 | N/A | 0.43 | 0.85 |
| 05/03/2012 | 21/03/2012 | 0.0148 | N/A | 0.4 | 0.81 |
| 02/12/2011 | 20/12/2011 | 0.0148 | N/A | 0.38 | 0.78 |
| 17/08/2011 | 02/09/2011 | 0.0148 | -14.28% | 0.36 | 0.76 |
| 10/06/2011 | 28/06/2011 | 0.0173 | N/A | 0.38 | 0.82 |
| 02/03/2011 | 18/03/2011 | 0.0173 | N/A | 0.31 | 0.68 |
| 03/12/2010 | 21/12/2010 | 0.0173 | N/A | 0.32 | 0.72 |
| 01/09/2010 | 17/09/2010 | 0.0173 | 2063.63% | 0.29 | 0.67 |
| 31/08/2010 | 17/09/2010 | 0.0008 | -95.69% | 0.3 | 0.69 |
| 08/06/2010 | 18/06/2010 | 0.0185 | N/A | 0.29 | 0.69 |
| 07/12/2009 | 18/12/2009 | 0.0185 | N/A | 0.31 | 0.76 |
| 07/09/2009 | 18/09/2009 | 0.0185 | -3.35% | 0.3 | 0.74 |
| 08/06/2009 | 19/06/2009 | 0.0192 | N/A | 0.22 | 0.56 |
| 09/03/2009 | 20/03/2009 | 0.0192 | N/A | 0.21 | 0.56 |
| 05/12/2008 | 18/12/2008 | 0.0192 | -10.80% | 0.23 | 0.63 |
| 15/09/2008 | 26/09/2008 | 0.0215 | -0.55% | 0.26 | 0.72 |
| 12/06/2008 | 18/06/2008 | 0.0216 | 3.65% | 0.31 | 0.89 |
| 12/03/2008 | 18/03/2008 | 0.0209 | 3.94% | 0.33 | 0.99 |
| 10/12/2007 | 14/12/2007 | 0.0201 | -14.52% | 0.37 | 1.11 |
| 01/10/2007 | 05/10/2007 | 0.0235 | -1.09% | 0.37 | 1.14 |
| 30/09/2007 | 05/10/2007 | 0.0238 | 19.46% | 0.36 | 1.12 |
| 18/06/2007 | 22/06/2007 | 0.0199 | -12.61% | 0.39 | 1.23 |
| 05/03/2007 | 16/03/2007 | 0.0227 | 6.97% | 0.41 | 1.3 |
| 04/12/2006 | 15/12/2006 | 0.0213 | -2.71% | 0.36 | 1.16 |
| 18/09/2006 | 29/09/2006 | 0.0219 | -11.16% | 0.36 | 1.21 |
| 12/06/2006 | 16/06/2006 | 0.0246 | 4.74% | 0.34 | 1.16 |
| 13/03/2006 | 17/03/2006 | 0.0235 | 4.86% | 0.34 | 1.17 |
| 28/11/2005 | 09/12/2005 | 0.0224 | N/A | 0.33 | 1.18 |
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Investment Analysis: Argosy Property Limited
Dividend Payment Analysis
Argosy Property Limited (ARG.NZ) operates in the Real Estate sector and offers investors a high dividend yield of 6.43% based on current market prices. For New Zealand income investors, this translates to approximately $0.0700per 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. Argosy Property Limitedcurrently maintains a payout ratio of not available, which is considered strong coverage.
Dividend Yield Context
A 6.43% yield is considered high by NZ market standards and may indicate either genuine value or potential risks that have depressed the share price. Always compare yields within the same sector for meaningful context.
Valuation Perspective for Dividend Investors
Beyond dividend metrics, valuation matters. Argosy Property Limited trades at a P/E ratio of 6.4x, which is attractive 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, Argosy Property 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 Argosy Property Limited's current dividend yield?
Argosy Property Limited (ARG.NZ) currently has a dividend yield of 6.43% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.070) by the current share price ($1.04).
When does Argosy Property Limited pay dividends?
Based on historical data, Argosy Property Limited typically pays dividends semi-annually. The most recent ex-dividend date was 10/03/2026with a payment of $0.0179 per share. The payment date was 25/03/2026. Dividend payment schedules are subject to board approval and may change.
Does Argosy Property Limited offer imputation credits?
Argosy Property 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 Argosy Property Limited been paying dividends?
Our database shows Argosy Property Limited 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 Argosy Property Limited's official dividend announcements?
Official dividend announcements for Argosy Property 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 Argosy Property Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Argosy Property Limited as of 22/05/2026:
Dividend Consistency
Argosy Property Limited has made 42 consecutive years of dividend payments based on our records, with a total of 83 payments tracked.
Dividend Growth Pattern
Over the tracked period, Argosy Property Limited'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 | 6.43% |
| 5-Year Average Yield | 6.43% |
| 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
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.
SPG.NZ
Stride Property Group
Div. Yield
7.02%
Price
$1.14
PCT.NZ
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd
Div. Yield
6.65%
Price
$1.04
IPL.NZ
Investore Property Limited
Div. Yield
6.28%
Price
$1.045
KPG.NZ
Kiwi Property Group Limited
Div. Yield
6.15%
Price
$0.93
VHP.NZ
Vital Healthcare Property Trust
Div. Yield
5.54%
Price
$1.81
NZL.NZ
New Zealand Rural Land Company Limited
Div. Yield
5.25%
Price
$0.915