Heartland Group Holdings Limited (HGH.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$1.08
Dividend Yield
6.67%
Annual yield
Market Cap
1B
Total value
P/E Ratio
32.0
Price to earnings
Dividend Information
Annual Rate
0.08
Per share annually
Last Dividend
0.04
04/03/2026
Ex-Dividend
05/03/2026
Next ex-date
Payout Ratio
60.00
Of earnings
Years Paying
10
Consecutive
5Y Avg Yield
6.31
Historical avg
Stock Analysis Summary
01-04-2026
Heartland Group Holdings Limited (HGH.NZ) is a New Zealand-based financial services company listed on the NZX. It offers a reliable dividend income, appealing to income-focused investors, including retirees. As of the latest data, Heartland Group boasts a current dividend yield of around 5.5%, with a 5-year range typically between 4.5% and 6.5%. The company pays dividends semi-annually, demonstrating a stable payout history. Heartland's payout ratio stands at approximately 70%, which is generally considered sustainable, allowing for both shareholder returns and reinvestment in growth opportunities. In recent years, the company has shown consistent dividend growth, reflecting its strong financial performance and commitment to returning value to shareholders. Compared to sector averages, Heartland Group's yield is competitive, aligning well with income investor expectations. With its solid track record and steady payouts, Heartland Group Holdings Limited remains a retiree-friendly option. How reliable is Heartland Group Holdings Limited as a dividend payer this year?
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Financial Health
Heartland Group Holdings Limited Dividend History
HGH dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 05/03/2026 | 20/03/2026 | 0.0412 | 75.00% | 1.25 | 1.25 |
| 28/08/2025 | 12/09/2025 | 0.0235 | N/A | 0.95 | 0.95 |
| 06/03/2025 | 21/03/2025 | 0.0235 | -21.57% | 0.88 | 0.88 |
| 05/09/2024 | 20/09/2024 | 0.03 | -25% | 1.1 | 1.1 |
| 05/03/2024 | 20/03/2024 | 0.04 | -33.33% | 1.22 | 1.25 |
| 05/09/2023 | 20/09/2023 | 0.06 | 9.09% | 1.61 | 1.71 |
| 07/03/2023 | 22/03/2023 | 0.055 | N/A | 1.58 | 1.74 |
| 25/08/2022 | 14/09/2022 | 0.055 | N/A | 1.66 | 1.88 |
| 01/03/2022 | 16/03/2022 | 0.055 | -21.43% | 1.93 | 2.25 |
| 31/08/2021 | 15/09/2021 | 0.07 | 75% | 1.92 | 2.29 |
| 01/03/2021 | 16/03/2021 | 0.04 | 60% | 1.54 | 1.89 |
| 24/09/2020 | 09/10/2020 | 0.025 | -44.44% | 0.98 | 1.23 |
| 25/02/2020 | 11/03/2020 | 0.045 | -30.77% | 1.35 | 1.73 |
| 22/08/2019 | 06/09/2019 | 0.065 | 85.71% | 1.23 | 1.61 |
| 14/03/2019 | N/A | 0.035 | -45.90% | 1.1 | 1.5 |
| 06/09/2018 | 21/09/2018 | 0.0647 | 57.04% | 0.88 | 0.88 |
| 15/03/2018 | 03/04/2018 | 0.0412 | -35.73% | 0.88 | 0.88 |
| 06/09/2017 | 21/09/2017 | 0.0641 | 53.35% | 0.88 | 0.88 |
| 23/03/2017 | 07/04/2017 | 0.0418 | N/A | 0.88 | 0.88 |
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Investment Analysis: Heartland Group Holdings Limited
Dividend Payment Analysis
Heartland Group Holdings Limited (HGH.NZ) operates in the Financial Services sector and offers investors a high dividend yield of 6.67% based on current market prices. For New Zealand income investors, this translates to approximately $0.0800per 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. Heartland Group Holdings Limitedcurrently maintains a payout ratio of 60.0%, 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 6.67% 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. Heartland Group Holdings Limited trades at a P/E ratio of 32.0x, which is premium 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, Heartland Group Holdings 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
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 Heartland Group Holdings Limited's current dividend yield?
Heartland Group Holdings Limited (HGH.NZ) currently has a dividend yield of 6.67% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.080) by the current share price ($1.08).
When does Heartland Group Holdings Limited pay dividends?
Based on historical data, Heartland Group Holdings Limited typically pays dividends semi-annually. The most recent ex-dividend date was 5/03/2026with a payment of $0.0412 per share. The payment date was 20/03/2026. Dividend payment schedules are subject to board approval and may change.
Does Heartland Group Holdings Limited offer imputation credits?
Heartland Group Holdings 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 Heartland Group Holdings Limited been paying dividends?
Our database shows Heartland Group Holdings Limited has 10 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 Heartland Group Holdings Limited's official dividend announcements?
Official dividend announcements for Heartland Group Holdings 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 Heartland Group Holdings Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Heartland Group Holdings Limited as of 22/05/2026:
Dividend Consistency
Heartland Group Holdings Limited has made 10 consecutive years of dividend payments based on our records, with a total of 19 payments tracked.
Dividend Growth Pattern
Over the tracked period, Heartland Group Holdings 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 | 6.67% |
| 5-Year Average Yield | 6.67% |
| 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:60.0%
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:1.67x
- 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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Investors interested in Financial Services 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.