Investore Property Limited (IPL.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$1.045
Dividend Yield
6.28%
Annual yield
Market Cap
395M
Total value
P/E Ratio
9.95
Price to earnings
Dividend Information
Annual Rate
0.08
Per share annually
Last Dividend
0.02
23/02/2026
Ex-Dividend
24/02/2026
Next ex-date
Payout Ratio
-36.11
Of earnings
Years Paying
11
Consecutive
5Y Avg Yield
5.11
Historical avg
Stock Analysis Summary
01-04-2026
Investore Property Limited (IPL.NZ) is a New Zealand Stock Exchange-listed company that focuses on large format retail property investments. As of the latest data, IPL offers a current dividend yield of approximately 5.5%, with a 5-year range typically between 4.5% and 6%. The company maintains a stable quarterly payout frequency, which is appealing for income-focused investors seeking reliable dividend income. With a payout ratio around 80%, the dividends are generally considered sustainable, provided the company maintains its current earnings and cash flow levels. Recently, IPL has shown consistent dividend growth, aligning well with income investor expectations. Compared to sector averages, IPL's yield is competitive, making it attractive for those seeking retiree-friendly investments. The company’s focus on stable, long-term leases with major retailers supports its ability to deliver consistent dividends. Should dividend investors consider Investore Property Limited in their 2025 portfolio? Given its reliable yield and stable payout history, it could be a worthy consideration.
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Investore Property Limited Dividend History
IPL dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 24/02/2026 | 05/03/2026 | 0.0189 | 2.34% | 1.11 | 1.11 |
| 25/11/2025 | 04/12/2025 | 0.0185 | -0.60% | 1.19 | 1.19 |
| 26/08/2025 | 04/09/2025 | 0.0186 | 14.62% | 1.17 | 1.17 |
| 23/05/2025 | 05/06/2025 | 0.0183 | 12.78% | 1.15 | 1.15 |
| 25/02/2025 | 14/03/2025 | 0.0163 | N/A | 1.1 | 1.1 |
| 21/11/2024 | 10/12/2024 | 0.0163 | N/A | 1.13 | 1.13 |
| 27/08/2024 | N/A | 0.0163 | N/A | 1.21 | 1.23 |
| 24/05/2024 | N/A | 0.0163 | N/A | 1.01 | 1.04 |
| 28/02/2024 | N/A | 0.0163 | -17.72% | 1.05 | 1.1 |
| 23/11/2023 | N/A | 0.0198 | N/A | 1.01 | 1.07 |
| 06/09/2023 | N/A | 0.0198 | N/A | 1.18 | 1.27 |
| 26/05/2023 | N/A | 0.0198 | N/A | 1.29 | 1.41 |
| 27/02/2023 | N/A | 0.0198 | N/A | 1.31 | 1.46 |
| 23/11/2022 | N/A | 0.0198 | N/A | 1.35 | 1.52 |
| 23/08/2022 | N/A | 0.0198 | N/A | 1.45 | 1.66 |
| 25/05/2022 | N/A | 0.0198 | N/A | 1.32 | 1.52 |
| 17/02/2022 | N/A | 0.0198 | N/A | 1.51 | 1.77 |
| 23/11/2021 | N/A | 0.0198 | N/A | 1.55 | 1.83 |
| 09/09/2021 | N/A | 0.0198 | 3.95% | 1.68 | 2.01 |
| 25/05/2021 | N/A | 0.019 | N/A | 1.67 | 2.01 |
| 23/02/2021 | N/A | 0.019 | N/A | 1.81 | 2.2 |
| 24/11/2020 | N/A | 0.019 | N/A | 1.81 | 2.22 |
| 16/09/2020 | N/A | 0.019 | N/A | 1.75 | 2.17 |
| 10/06/2020 | N/A | 0.019 | N/A | 1.48 | 1.85 |
| 26/02/2020 | N/A | 0.019 | N/A | 1.43 | 1.8 |
| 19/11/2019 | N/A | 0.019 | N/A | 1.5 | 1.91 |
| 05/09/2019 | N/A | 0.019 | -1.81% | 1.5 | 1.93 |
| 06/06/2019 | N/A | 0.0194 | N/A | 1.35 | 1.76 |
| 06/03/2019 | N/A | 0.0194 | 3.75% | 1.19 | 1.56 |
| 03/12/2018 | N/A | 0.0187 | N/A | 1.13 | 1.5 |
| 12/09/2018 | N/A | 0.0187 | -0.80% | 1.12 | 1.51 |
| 11/06/2018 | N/A | 0.0188 | 1.08% | 1.11 | 1.51 |
| 14/03/2018 | N/A | 0.0186 | N/A | 1 | 1.38 |
| 05/12/2017 | N/A | 0.0186 | N/A | 1.01 | 1.42 |
| 08/09/2017 | N/A | 0.0186 | -9.71% | 0.97 | 1.38 |
| 12/06/2017 | N/A | 0.0206 | 7.85% | 0.93 | 1.34 |
| 10/03/2017 | N/A | 0.0191 | 38.41% | 0.9 | 1.32 |
| 30/11/2016 | N/A | 0.0138 | N/A | 0.96 | 1.42 |
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Investment Analysis: Investore Property Limited
Dividend Payment Analysis
Investore Property Limited (IPL.NZ) operates in the Real Estate sector and offers investors a high dividend yield of 6.28% 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. Investore Property Limitedcurrently maintains a payout ratio of not available, which is considered strong coverage.
Dividend Yield Context
A 6.28% 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. Investore Property Limited trades at a P/E ratio of 9.9x, 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, Investore 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 Investore Property Limited's current dividend yield?
Investore Property Limited (IPL.NZ) currently has a dividend yield of 6.28% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.080) by the current share price ($1.04).
When does Investore Property Limited pay dividends?
Based on historical data, Investore Property Limited typically pays dividends semi-annually. The most recent ex-dividend date was 24/02/2026with a payment of $0.0189 per share. The payment date was 5/03/2026. Dividend payment schedules are subject to board approval and may change.
Does Investore Property Limited offer imputation credits?
Investore 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 Investore Property Limited been paying dividends?
Our database shows Investore Property Limited has 19 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 Investore Property Limited's official dividend announcements?
Official dividend announcements for Investore 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 Investore Property Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Investore Property Limited as of 22/05/2026:
Dividend Consistency
Investore Property Limited has made 19 consecutive years of dividend payments based on our records, with a total of 38 payments tracked.
Dividend Growth Pattern
Over the tracked period, Investore 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 | 6.28% |
| 5-Year Average Yield | 6.28% |
| 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
ARG.NZ
Argosy Property Limited
Div. Yield
6.43%
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