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Green Cross Health Limited

Green Cross Health Limited (GXH.NZ) Stock Price & Analysis

NZX

NZX Share Price, Dividends & Financials

Healthcare
Website

Price

$1.42

Dividend Yield

4.11%

Annual yield

Market Cap

205M

Total value

P/E Ratio

9.83

Price to earnings

Dividend Information

Annual Rate

0.07

Per share annually

Last Dividend

0.03

03/12/2025

Ex-Dividend

04/12/2025

Next ex-date

Payout Ratio

50.00

Of earnings

Years Paying

5

Consecutive

5Y Avg Yield

4.38

Historical avg

Stock Analysis Summary

01-04-2026

Green Cross Health Limited (GXH.NZ) is a New Zealand-based healthcare services provider listed on the NZX. The company offers a reliable dividend income with a current dividend yield of approximately 5.2%, which has ranged between 4.5% and 6.0% over the past five years. Green Cross Health pays dividends semi-annually, maintaining a stable payout history that appeals to income-focused investors. The payout ratio stands at around 70%, indicating that the dividends are sustainable given the company's earnings. Recently, Green Cross Health has maintained steady dividend payments without any significant cuts or growth, reflecting a conservative approach in line with sector averages. This stability makes it a retiree-friendly option for those seeking consistent income. Compared to other stocks in the healthcare sector, Green Cross Health offers a competitive yield, meeting the expectations of income investors. Is Green Cross Health Limited worth holding for dividend income in 2025?

Dividend Calendar

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Upcoming Ex-Dates

1 company

Next 30 days

Payment Dates

1 payment

This month

Avg Yield

6%

All sectors

Dividend Growth History

28 payments tracked
+469.4% total growth
Latest Dividend
$0.035
Ex-date: 12/4/2025
Recent Change
+9.0%
vs previous payment

Valuation Metrics

Forward P/EN/A
EPS0.12
Revenue Per Share3.648

Financial Health

Current Ratio0.97
Quick Ratio0.578
Cash Per Share0.182

Green Cross Health Limited Dividend History

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

Ex Dividend DatePayable DateDividend AmountAmount ChangeAdjusted PriceClose Price
04/12/202518/12/20250.035328.34%1.081.08
05/06/202523/06/20250.032429.41%
04/12/202418/12/20240.02525%0.890.89
06/06/2024N/A0.02-15.00%0.940.97
05/06/202421/06/20240.0235-5.88%0.690.71
05/12/202320/12/20230.025-28.57%0.930.98
08/06/202323/06/20230.035-87.50%1.341.44
13/04/202328/04/20230.28700%1.271.4
01/12/202216/12/20220.035N/A0.991.31
09/06/202223/06/20220.03516.67%0.951.3
07/12/202122/12/20210.03-14.29%0.811.14
10/12/201919/12/20190.035N/A0.841.21
12/06/201927/06/20190.035N/A0.81.18
10/12/201821/12/20180.035N/A0.751.15
14/06/201829/06/20180.035N/A0.961.51
08/12/201722/12/20170.035N/A1.051.69
08/06/201723/06/20170.035N/A1.322.17
12/12/2016N/A0.035N/A1.522.54
09/06/2016N/A0.035N/A1.572.66
04/12/2015N/A0.035-76.67%1.572.68
07/08/2015N/A0.15328.57%1.312.28
08/06/2015N/A0.035N/A1.352.5
05/12/2014N/A0.035N/A1.142.14
09/06/2014N/A0.035466.80%0.821.57
05/12/2013N/A0.0062N/A0.651.27
10/06/2013N/A0.006274.98%0.661.3
07/12/2012N/A0.0035-42.85%0.61.2
20/08/2012N/A0.0062N/A0.61.22

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Investment Analysis: Green Cross Health Limited

Dividend Payment Analysis

Green Cross Health Limited (GXH.NZ) operates in the Healthcare sector and offers investors a moderate dividend yield of 4.11% 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. Green Cross Health Limitedcurrently maintains a payout ratio of 50.0%, which is considered moderate coverage. This moderate payout ratio suggests the company balances returning cash to shareholders with retaining earnings for growth opportunities.

Dividend Yield Context

A 4.11% 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. Green Cross Health Limited trades at a P/E ratio of 9.8x, 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, Green Cross Health 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

Healthcare 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 Green Cross Health Limited's current dividend yield?

Green Cross Health Limited (GXH.NZ) currently has a dividend yield of 4.11% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.070) by the current share price ($1.42).

When does Green Cross Health Limited pay dividends?

Based on historical data, Green Cross Health Limited typically pays dividends semi-annually. The most recent ex-dividend date was 4/12/2025with a payment of $0.0353 per share. The payment date was 18/12/2025. Dividend payment schedules are subject to board approval and may change.

Does Green Cross Health Limited offer imputation credits?

Green Cross Health 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 Green Cross Health Limited been paying dividends?

Our database shows Green Cross Health Limited has 14 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 Green Cross Health Limited's official dividend announcements?

Official dividend announcements for Green Cross Health 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 Green Cross Health Limited

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

Dividend Consistency

Green Cross Health Limited has made 14 consecutive years of dividend payments based on our records, with a total of 28 payments tracked.

Dividend Growth Pattern

Over the tracked period, Green Cross Health Limited's dividends have remained relatively stable:

0
Increases
0
Decreases
0
Unchanged

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

Yield Context

MetricValue
Current Yield4.11%
5-Year Average Yield4.11%
Healthcare Sector Average6.00%

Yields are calculated based on current market prices and historical dividend payments. Future yields may differ.

Financial Sustainability Indicators

  • Payout Ratio:50.0%
  • Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
  • Dividend Coverage:2.00x
  • 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 Healthcare Stocks

Compare dividend yields across Healthcare sector companies

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Investors interested in Healthcare 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.

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.