Smart Global Bond ETF (GBF.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$3.079
Dividend Yield
2.25%
Annual yield
Market Cap
N/A
Total value
P/E Ratio
0.00
Price to earnings
Dividend Information
Annual Rate
0.07
Per share annually
Last Dividend
Unknown
Unknown
Ex-Dividend
Unknown
Next ex-date
Payout Ratio
Unknown
Of earnings
Years Paying
11
Consecutive
5Y Avg Yield
Unknown
Historical avg
Stock Analysis Summary
01-04-2026
Smart Global Bond ETF (GBF.NZ) is an exchange-traded fund listed on the New Zealand Stock Exchange. As a bond-focused ETF, it primarily generates returns through interest income rather than traditional stock dividends. Therefore, it does not have a dividend yield in the conventional sense, as its returns are tied to the performance of the underlying bonds. The payout frequency is typically aligned with the interest payments from the bonds it holds, which can provide a stable income stream. However, the payout ratio is not applicable in the same way it is for stocks. Recently, there have been no significant changes in its distribution policy. Compared to sector averages, bond ETFs like GBF.NZ are generally considered reliable for income investors seeking stability, especially retirees looking for a predictable yield. Given its focus on global bonds, will Smart Global Bond ETF maintain its income-generating potential amidst changing market conditions?
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Dividend Growth History
Valuation Metrics
Financial Health
Smart Global Bond ETF Dividend History
GBF dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 26/02/2026 | 20/03/2026 | 0.0174 | -1.96% | ||
| 27/11/2025 | 19/12/2025 | 0.0177 | -6.44% | 3.16 | 3.16 |
| 28/08/2025 | 19/09/2025 | 0.019 | -1.22% | 3.17 | 3.17 |
| 29/05/2025 | 19/06/2025 | 0.0192 | -7.07% | ||
| 27/02/2025 | 20/03/2025 | 0.0207 | 10.95% | 3.14 | 3.14 |
| 28/11/2024 | N/A | 0.0186 | 1.76% | 3.13 | 3.13 |
| 29/08/2024 | 20/09/2024 | 0.0183 | N/A | 3.13 | 3.14 |
| 28/08/2024 | 20/09/2024 | 0.0183 | 11.90% | 3.12 | 3.14 |
| 30/05/2024 | 20/06/2024 | 0.0164 | N/A | 3.06 | 3.1 |
| 29/05/2024 | 20/06/2024 | 0.0164 | 33.22% | 3.05 | 3.09 |
| 28/02/2024 | 20/03/2024 | 0.0123 | N/A | 3.03 | 3.08 |
| 27/02/2024 | 20/03/2024 | 0.0123 | 20.16% | 3.03 | 3.08 |
| 29/11/2023 | 20/12/2023 | 0.0102 | N/A | 2.97 | 3.04 |
| 28/11/2023 | 20/12/2023 | 0.0102 | 17.82% | 2.98 | 3.05 |
| 30/08/2023 | 20/09/2023 | 0.0087 | N/A | 2.96 | 3.03 |
| 29/08/2023 | 20/09/2023 | 0.0087 | 17.59% | 2.96 | 3.03 |
| 30/05/2023 | 20/06/2023 | 0.0074 | 3.65% | 2.93 | 3.01 |
| 27/02/2023 | 20/03/2023 | 0.0071 | 11.49% | 2.93 | 3.02 |
| 29/11/2022 | 20/12/2022 | 0.0064 | N/A | 2.93 | 3.03 |
| 28/11/2022 | 20/12/2022 | 0.0064 | -1.57% | 2.93 | 3.02 |
| 30/08/2022 | 20/09/2022 | 0.0065 | N/A | 2.97 | 3.08 |
| 29/08/2022 | 20/09/2022 | 0.0065 | -15.21% | 2.96 | 3.07 |
| 30/05/2022 | 20/06/2022 | 0.0076 | -56.90% | 3.01 | 3.12 |
| 25/02/2022 | 18/03/2022 | 0.0177 | -3.02% | 3.1 | 3.22 |
| 29/11/2021 | 20/12/2021 | 0.0183 | 28.08% | 3.16 | 3.3 |
| 30/08/2021 | 20/09/2021 | 0.0143 | -49.11% | 3.18 | 3.34 |
| 28/05/2021 | 18/06/2021 | 0.0281 | 38.59% | 3.15 | 3.33 |
| 25/02/2021 | 19/03/2021 | 0.0203 | -10.74% | 3.13 | 3.33 |
| 27/11/2020 | 18/12/2020 | 0.0227 | 66.03% | 3.14 | 3.36 |
| 28/08/2020 | 18/09/2020 | 0.0137 | -3.62% | 3.09 | 3.33 |
| 28/05/2020 | 19/06/2020 | 0.0142 | -3.09% | 3.03 | 3.28 |
| 27/02/2020 | 20/03/2020 | 0.0146 | N/A | 3.05 | 3.31 |
| 26/02/2020 | 20/03/2020 | 0.0146 | -6.49% | 3.05 | 3.31 |
| 28/11/2019 | 18/12/2019 | 0.0156 | 6.89% | 2.98 | 3.26 |
| 29/08/2019 | 20/09/2019 | 0.0146 | -2.31% | 2.99 | 3.28 |
| 30/05/2019 | 20/06/2019 | 0.015 | 0.20% | 2.91 | 3.21 |
| 27/02/2019 | 20/03/2019 | 0.015 | 4.03% | 2.86 | 3.17 |
| 29/11/2018 | 20/12/2018 | 0.0144 | 1.23% | 2.8 | 3.12 |
| 30/08/2018 | 20/09/2018 | 0.0142 | 8.30% | 2.8 | 3.14 |
| 30/05/2018 | 20/06/2018 | 0.0131 | 3.77% | 2.79 | 3.13 |
| 27/02/2018 | 20/03/2018 | 0.0126 | -16.43% | 2.77 | 3.13 |
| 29/11/2017 | 20/12/2017 | 0.0151 | -5.19% | 2.79 | 3.17 |
| 30/08/2017 | 20/09/2017 | 0.0159 | -4.26% | 2.77 | 3.16 |
| 30/05/2017 | N/A | 0.0167 | 1.75% | 2.72 | 3.12 |
| 27/02/2017 | N/A | 0.0164 | -9.14% | 2.69 | 3.1 |
| 29/11/2016 | 20/12/2016 | 0.018 | -57.14% | 2.66 | 3.07 |
| 29/09/2016 | 18/10/2016 | 0.042 | 109.75% | 2.7 | 3.14 |
| 29/06/2016 | N/A | 0.02 | -4.19% | 2.62 | 3.09 |
| 30/03/2016 | 27/04/2016 | 0.0209 | N/A | 2.58 | 3.06 |
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Investment Analysis: Smart Global Bond ETF
Dividend Payment Analysis
Smart Global Bond ETF (GBF.NZ) operates in the Financial Services sector and offers investors a low dividend yield of 2.25% based on current market prices. For New Zealand income investors, this translates to approximately $0.0700per share annually.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. Smart Global Bond ETFcurrently maintains a payout ratio of not available, which is considered strong coverage.
Dividend Yield Context
A 2.25% yield is below the market average, which may suit growth-focused investors who value capital appreciation over immediate income. Always compare yields within the same sector for meaningful context.
Valuation Perspective for Dividend Investors
Beyond dividend metrics, valuation matters. Smart Global Bond ETF 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, Smart Global Bond ETF 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 Smart Global Bond ETF's current dividend yield?
Smart Global Bond ETF (GBF.NZ) currently has a dividend yield of 2.25% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.070) by the current share price ($3.08).
When does Smart Global Bond ETF pay dividends?
Based on historical data, Smart Global Bond ETF typically pays dividends semi-annually. The most recent ex-dividend date was 26/02/2026with a payment of $0.0174 per share. The payment date was 20/03/2026. Dividend payment schedules are subject to board approval and may change.
Does Smart Global Bond ETF offer imputation credits?
Smart Global Bond ETF 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 Smart Global Bond ETF been paying dividends?
Our database shows Smart Global Bond ETF has 25 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 Smart Global Bond ETF's official dividend announcements?
Official dividend announcements for Smart Global Bond ETF 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 Smart Global Bond ETF
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Smart Global Bond ETF as of 22/05/2026:
Dividend Consistency
Smart Global Bond ETF has made 25 consecutive years of dividend payments based on our records, with a total of 49 payments tracked.
Dividend Growth Pattern
Over the tracked period, Smart Global Bond ETF'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 | 2.25% |
| 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: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.
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