F&C Investment Trust PLC (FCT.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$7.539
Dividend Yield
6.3%
Annual yield
Market Cap
N/A
Total value
P/E Ratio
10.3
Price to earnings
Dividend Information
Annual Rate
0.47
Per share annually
Last Dividend
0.12
Unknown
Ex-Dividend
Unknown
Next ex-date
Payout Ratio
10.97
Of earnings
Years Paying
27
Consecutive
5Y Avg Yield
Unknown
Historical avg
Stock Analysis Summary
01-04-2026
F&C Investment Trust PLC (FCT.NZ) is a well-established investment trust listed on the New Zealand Exchange. Known for its reliable dividend income, F&C Investment Trust offers a current dividend yield of approximately 1.5%, with a 5-year range between 1.2% and 1.8%. The trust pays dividends quarterly, showcasing a stable payout history that appeals to income-focused investors, particularly retirees seeking a reliable yield. The payout ratio for F&C Investment Trust is around 40%, indicating a sustainable dividend policy supported by its earnings. This conservative payout ratio suggests that the trust is committed to maintaining its dividend payments without overextending its financial resources. Recently, the trust has maintained its dividend levels without any significant cuts or growth, aligning with sector averages and meeting income investor expectations. Given the trust's prudent financial management and consistent dividend policy, could F&C Investment Trust PLC face pressure to cut its dividend in the future?
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F&C Investment Trust PLC Dividend History
FCT dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 09/04/2026 | 06/05/2026 | 0.1182 | 33.34% | 28 | 28 |
| 02/01/2026 | 02/02/2026 | 0.0877 | -0.08% | ||
| 02/10/2025 | 03/11/2025 | 0.0831 | -2.47% | ||
| 03/07/2025 | 01/08/2025 | 0.0846 | -23.28% | 24.13 | 24.13 |
| 10/04/2025 | 07/05/2025 | 0.1081 | 35.62% | 24.56 | 24.56 |
| 02/01/2025 | 03/02/2025 | 0.0797 | 4.75% | 24.75 | 24.75 |
| 03/10/2024 | 01/11/2024 | 0.0761 | 1.70% | 21.77 | 21.77 |
| 27/06/2024 | 01/08/2024 | 0.0748 | -20.60% | 20.78 | 20.85 |
| 11/04/2024 | 09/05/2024 | 0.0942 | 36.18% | 20.65 | 20.8 |
| 04/01/2024 | 01/02/2024 | 0.0692 | -0.49% | 19.13 | 19.35 |
| 05/10/2023 | 01/11/2023 | 0.0695 | -1.59% | 17.44 | 17.71 |
| 29/06/2023 | 01/08/2023 | 0.0706 | -8.14% | 17.71 | 17.98 |
| 06/04/2023 | 11/05/2023 | 0.0769 | 25.80% | 17.66 | 17.66 |
| 05/01/2023 | 01/02/2023 | 0.0611 | -3.30% | 17.23 | 17.64 |
| 06/10/2022 | 01/11/2022 | 0.0632 | 1.28% | 17.28 | 17.75 |
| 30/06/2022 | 01/08/2022 | 0.0624 | -12.95% | 15.77 | 15.77 |
| 07/04/2022 | 10/05/2022 | 0.0717 | 20.19% | 16.48 | 16.48 |
| 06/01/2022 | 01/02/2022 | 0.0597 | 1.26% | 18.4 | 18.4 |
| 07/10/2021 | 01/11/2021 | 0.0589 | -0.37% | 16.1 | 16.68 |
| 15/07/2021 | 02/08/2021 | 0.0591 | -9.98% | 16.64 | 17.3 |
| 15/04/2021 | 13/05/2021 | 0.0657 | 21.33% | 16.15 | 16.15 |
| 07/01/2021 | 01/02/2021 | 0.0541 | -4.70% | 14.43 | 15.05 |
| 08/10/2020 | 02/11/2020 | 0.0568 | 2.13% | 13.59 | 13.59 |
| 16/07/2020 | 03/08/2020 | 0.0556 | -8.20% | 12.74 | 13.4 |
| 16/04/2020 | 13/05/2020 | 0.0606 | 7.11% | 12.85 | 12.85 |
| 02/01/2020 | 31/01/2020 | 0.0566 | N/A | 14.4 | 15.27 |
| 31/12/2019 | N/A | 0.0566 | -0.81% | 14.07 | 14.92 |
| 03/10/2019 | 01/11/2019 | 0.057 | 4.97% | 13.8 | 13.8 |
| 04/07/2019 | 01/08/2019 | 0.0543 | 0.23% | 13.2 | 13.2 |
| 04/04/2019 | 08/05/2019 | 0.0542 | 2.60% | 13.44 | 13.44 |
| 03/01/2019 | 01/02/2019 | 0.0528 | -1.60% | 11.22 | 11.95 |
| 04/10/2018 | 01/11/2018 | 0.0537 | 1.74% | 13.38 | 14.25 |
| 05/07/2018 | 01/08/2018 | 0.0528 | 0.25% | 12.42 | 13.28 |
| 29/03/2018 | 01/05/2018 | 0.0526 | 2.33% | 22.6 | 22.6 |
| 04/01/2018 | 01/02/2018 | 0.0514 | 10.79% | 12.25 | 12.25 |
| 28/09/2017 | 01/11/2017 | 0.0464 | 4.47% | 10.48 | 11.2 |
| 06/07/2017 | 01/08/2017 | 0.0444 | -6.89% | 9.67 | 10.38 |
| 30/03/2017 | 02/05/2017 | 0.0477 | 10.12% | 9.32 | 10 |
| 05/01/2017 | N/A | 0.0433 | 2.89% | 8.79 | 9.48 |
| 29/09/2016 | N/A | 0.0421 | -5.61% | 8.16 | 8.8 |
| 30/06/2016 | N/A | 0.0446 | -20.68% | 8.25 | 8.25 |
| 31/03/2016 | N/A | 0.0563 | 11.60% | 9.04 | 9.04 |
| 06/01/2016 | N/A | 0.0504 | -7.84% | 9.55 | 9.55 |
| 30/09/2015 | N/A | 0.0547 | 2.48% | 9.8 | 9.8 |
| 01/07/2015 | N/A | 0.0534 | 1.59% | 8.99 | 9.9 |
| 25/03/2015 | N/A | 0.0525 | 19.78% | 8.22 | 9.1 |
| 30/12/2014 | N/A | 0.0439 | -4.21% | 22.6 | 22.6 |
| 01/10/2014 | N/A | 0.0458 | 6.60% | 7.22 | 8 |
| 02/07/2014 | N/A | 0.043 | -17.53% | 7.25 | 7.25 |
| 26/03/2014 | N/A | 0.0521 | 23.02% | 6.34 | 7.1 |
| 30/12/2013 | N/A | 0.0423 | 2.85% | 22.6 | 22.6 |
| 02/10/2013 | N/A | 0.0412 | 3.77% | 6.2 | 7 |
| 10/07/2013 | N/A | 0.0397 | -11.55% | 6.96 | 6.96 |
| 03/04/2013 | N/A | 0.0449 | 16.62% | 6.36 | 6.36 |
| 09/01/2013 | N/A | 0.0385 | -49.79% | 5.41 | 6.22 |
| 08/08/2012 | N/A | 0.0766 | -3.90% | 5.11 | 5.91 |
| 11/04/2012 | N/A | 0.0797 | 34.40% | 5.9 | 5.9 |
| 10/08/2011 | N/A | 0.0593 | -23.74% | 4.65 | 5.45 |
| 13/04/2011 | N/A | 0.0778 | 17.73% | 5.46 | 6.4 |
| 16/08/2010 | N/A | 0.066 | -14.56% | 4.86 | 5.77 |
| 22/03/2010 | N/A | 0.0773 | 3.94% | 5.08 | 6.1 |
| 10/08/2009 | N/A | 0.0744 | -16.39% | 4.81 | 5.85 |
| 23/03/2009 | N/A | 0.089 | 8.83% | 4.47 | 5.5 |
| 11/08/2008 | N/A | 0.0817 | 4.62% | 5.99 | 7.5 |
| 26/03/2008 | N/A | 0.0781 | 6.68% | 5.29 | 6.7 |
| 13/08/2007 | N/A | 0.0732 | 156.95% | 6.04 | 7.73 |
| 14/03/2007 | N/A | 0.0285 | -61.52% | 6 | 7.75 |
| 02/08/2006 | N/A | 0.0741 | 1.86% | 5.79 | 7.51 |
| 10/04/2006 | N/A | 0.0727 | 28.41% | 5.91 | 7.74 |
| 08/08/2005 | N/A | 0.0566 | -5.96% | 4.2 | 5.55 |
| 07/03/2005 | N/A | 0.0602 | 14.36% | 3.89 | 5.2 |
| 16/08/2004 | N/A | 0.0527 | -0.58% | 3.26 | 4.41 |
| 15/03/2004 | N/A | 0.053 | 8.75% | 3.78 | 5.17 |
| 18/08/2003 | N/A | 0.0487 | -30.76% | 3.65 | 5.04 |
| 17/03/2003 | N/A | 0.0703 | 103.37% | 3.08 | 4.3 |
| 19/08/2002 | N/A | 0.0346 | -53.88% | 4.35 | 6.18 |
| 18/03/2002 | N/A | 0.075 | 126.10% | 5.34 | 7.62 |
| 03/09/2001 | N/A | 0.0332 | -55.02% | 5.41 | 7.79 |
| 26/03/2001 | N/A | 0.0737 | 134.40% | 5.73 | 8.3 |
| 21/08/2000 | N/A | 0.0315 | -50.70% | 6.4 | 9.34 |
| 13/03/2000 | N/A | 0.0638 | N/A | 5.39 | 7.9 |
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Investment Analysis: F&C Investment Trust PLC
Dividend Payment Analysis
F&C Investment Trust PLC (FCT.NZ) operates in the Financial Services sector and offers investors a high dividend yield of 6.30% based on current market prices. For New Zealand income investors, this translates to approximately $0.4700per 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. F&C Investment Trust PLCcurrently maintains a payout ratio of 11.0%, which is considered strong coverage. This conservative payout ratio suggests the company retains significant earnings for reinvestment or dividend growth, providing a buffer during economic downturns.
Dividend Yield Context
A 6.30% 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. F&C Investment Trust PLC trades at a P/E ratio of 10.3x, 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, F&C Investment Trust PLC 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
Financial Services 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 F&C Investment Trust PLC's current dividend yield?
F&C Investment Trust PLC (FCT.NZ) currently has a dividend yield of 6.30% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.470) by the current share price ($7.54).
When does F&C Investment Trust PLC pay dividends?
Based on historical data, F&C Investment Trust PLC typically pays dividends semi-annually. The most recent ex-dividend date was 9/04/2026with a payment of $0.1182 per share. The payment date was 6/05/2026. Dividend payment schedules are subject to board approval and may change.
Does F&C Investment Trust PLC offer imputation credits?
F&C Investment Trust PLC 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 F&C Investment Trust PLC been paying dividends?
Our database shows F&C Investment Trust PLC has 41 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 F&C Investment Trust PLC's official dividend announcements?
Official dividend announcements for F&C Investment Trust PLC 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 F&C Investment Trust PLC
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for F&C Investment Trust PLC as of 22/05/2026:
Dividend Consistency
F&C Investment Trust PLC has made 41 consecutive years of dividend payments based on our records, with a total of 81 payments tracked.
Dividend Growth Pattern
Over the tracked period, F&C Investment Trust PLC'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 | 6.30% |
| Financial Services 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:11.0%
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:9.12x
- 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.
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