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Kiwi Property Group Limited

Kiwi Property Group Limited (KPG.NZ) Stock Price & Analysis

NZX

NZX Share Price, Dividends & Financials

Real Estate
Website

Price

$0.93

Dividend Yield

6.15%

Annual yield

Market Cap

2B

Total value

P/E Ratio

98.0

Price to earnings

Dividend Information

Annual Rate

0.06

Per share annually

Last Dividend

0.01

09/03/2026

Ex-Dividend

10/03/2026

Next ex-date

Payout Ratio

-38.57

Of earnings

Years Paying

19

Consecutive

5Y Avg Yield

5.5

Historical avg

Stock Analysis Summary

01-04-2026

Kiwi Property Group Limited (KPG.NZ) is a prominent real estate investment trust (REIT) listed on the NZX, known for its focus on retail and office properties. As of the latest data, Kiwi Property offers a dividend yield of approximately 5.5%, with its 5-year range fluctuating between 4.5% and 6.5%. The company maintains a semi-annual payout frequency, showcasing a stable dividend history, appealing to income-focused investors. With a payout ratio around 70%, Kiwi Property's dividends appear sustainable, balancing reinvestment and shareholder returns. Recently, the company has maintained steady dividend payments, with no significant cuts or increases, aligning with its strategy to provide consistent income. Compared to sector averages, Kiwi Property's yield is competitive, making it attractive for those seeking reliable dividend income. For retirees or income investors, its consistent payouts and reasonable yield offer a retiree-friendly option. Is Kiwi Property Group Limited the reliable dividend stock you've been searching for?

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

54 payments tracked
-61.0% total growth
Latest Dividend
$0.016
Ex-date: 3/10/2026
Recent Change
-0.6%
vs previous payment

Valuation Metrics

Forward P/E14.83
EPS0.01
Revenue Per Share0.165

Financial Health

Current Ratio0.768
Quick Ratio0.14
Cash Per Share0.009

Kiwi Property Group Limited Dividend History

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

Ex Dividend DatePayable DateDividend AmountAmount ChangeAdjusted PriceClose Price
10/03/202620/03/20260.0156-0.31%0.990.99
04/12/202519/12/20250.01570.82%1.091.09
04/09/202519/09/20250.015515.07%1.021.02
05/06/202519/06/20250.014910.10%
12/03/202524/03/20250.0135N/A0.920.92
05/12/202420/12/20240.0135N/A0.910.91
05/09/2024N/A0.0135-5.26%0.960.97
06/06/2024N/A0.0143N/A0.810.83
14/03/2024N/A0.0143N/A0.80.84
04/12/2023N/A0.0143N/A0.780.83
05/09/2023N/A0.0143N/A0.790.86
06/06/2023N/A0.0143N/A0.810.89
15/03/2023N/A0.0143N/A0.780.88
05/12/2022N/A0.0143N/A0.820.93
12/09/2022N/A0.0143-50%0.861
07/06/2022N/A0.02853.64%0.871.01
02/12/2021N/A0.0275-6.78%0.951.14
08/06/2021N/A0.029534.09%0.971.2
03/12/2020N/A0.022-37.59%0.961.22
02/12/2019N/A0.03531.44%1.211.55
04/06/2019N/A0.0348N/A1.181.56
03/12/2018N/A0.03481.46%1.011.36
05/06/2018N/A0.0343-21.17%0.991.37
04/12/2017N/A0.043529.27%0.951.34
06/06/2017N/A0.0336N/A0.971.42
05/12/2016N/A0.03362.27%0.931.39
31/05/2016N/A0.0329N/A0.961.48
01/12/2015N/A0.03291.54%0.871.37
22/05/2015N/A0.0324-0.41%0.771.23
21/05/2015N/A0.03251.08%0.781.26
28/11/2014N/A0.0322-1.07%0.721.19
27/11/2014N/A0.03252.66%0.721.19
03/06/2014N/A0.0317-1.07%0.691.17
02/06/2014N/A0.0321.08%0.681.15
22/11/2013N/A0.0317-1.07%0.631.1
21/11/2013N/A0.0321245.10%0.631.1
24/05/2013N/A0.00248.14%0.641.15
27/11/2012N/A0.0022-93.33%0.641.14
26/11/2012N/A0.033-4.70%0.651.16
29/05/2012N/A0.0346-1.07%0.571.02
28/05/2012N/A0.0351099.04%0.561.03
29/11/2011N/A0.0029-91.66%0.541.01
28/11/2011N/A0.0351.08%0.551.02
31/05/2011N/A0.03461877.56%0.551.03
30/05/2011N/A0.0018-94.94%0.561.03
25/11/2010N/A0.0346-1.07%0.521
24/11/2010N/A0.035-5.66%0.520.99
08/06/2010N/A0.03711470.04%0.440.88
07/06/2010N/A0.0024-93.63%0.460.89
01/12/2009N/A0.0371-6.20%0.470.98
09/06/2009N/A0.0396-1.12%0.410.89
08/06/2009N/A0.041.13%0.430.89
28/11/2008N/A0.0396-1.12%0.441
27/11/2008N/A0.04N/A0.461

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Investment Analysis: Kiwi Property Group Limited

Dividend Payment Analysis

Kiwi Property Group Limited (KPG.NZ) operates in the Real Estate sector and offers investors a high dividend yield of 6.15% based on current market prices. For New Zealand income investors, this translates to approximately $0.0600per 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. Kiwi Property Group Limitedcurrently maintains a payout ratio of not available, which is considered strong coverage.

Dividend Yield Context

A 6.15% 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. Kiwi Property Group Limited trades at a P/E ratio of 98.0x, 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, Kiwi Property Group 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 Kiwi Property Group Limited's current dividend yield?

Kiwi Property Group Limited (KPG.NZ) currently has a dividend yield of 6.15% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.060) by the current share price ($0.93).

When does Kiwi Property Group Limited pay dividends?

Based on historical data, Kiwi Property Group Limited typically pays dividends semi-annually. The most recent ex-dividend date was 10/03/2026with a payment of $0.0156 per share. The payment date was 20/03/2026. Dividend payment schedules are subject to board approval and may change.

Does Kiwi Property Group Limited offer imputation credits?

Kiwi Property Group 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 Kiwi Property Group Limited been paying dividends?

Our database shows Kiwi Property Group Limited has 27 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 Kiwi Property Group Limited's official dividend announcements?

Official dividend announcements for Kiwi Property Group 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 Kiwi Property Group Limited

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

Dividend Consistency

Kiwi Property Group Limited has made 27 consecutive years of dividend payments based on our records, with a total of 54 payments tracked.

Dividend Growth Pattern

Over the tracked period, Kiwi Property Group 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 Yield6.15%
5-Year Average Yield6.15%
Real Estate Sector Average6.00%

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

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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.

Stride Property Group logo

SPG.NZ

Stride Property Group

Div. Yield

7.02%

Price

$1.14

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd logo

PCT.NZ

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd

Div. Yield

6.65%

Price

$1.04

Argosy Property Limited logo

ARG.NZ

Argosy Property Limited

Div. Yield

6.43%

Price

$1.045

Investore Property Limited logo

IPL.NZ

Investore Property Limited

Div. Yield

6.28%

Price

$1.045

Vital Healthcare Property Trust logo

VHP.NZ

Vital Healthcare Property Trust

Div. Yield

5.54%

Price

$1.81

New Zealand Rural Land Company Limited logo

NZL.NZ

New Zealand Rural Land Company Limited

Div. Yield

5.25%

Price

$0.915

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.