Millennium & Copthorne Hotels New Zealand Limited (MCK.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$3.1
Dividend Yield
0.97%
Annual yield
Market Cap
490M
Total value
P/E Ratio
25.1
Price to earnings
Dividend Information
Annual Rate
0.07
Per share annually
Last Dividend
0.03
06/05/2026
Ex-Dividend
07/05/2026
Next ex-date
Payout Ratio
-100.00
Of earnings
Years Paying
5
Consecutive
5Y Avg Yield
2.38
Historical avg
Stock Analysis Summary
01-04-2026
Millennium & Copthorne Hotels New Zealand Limited (MCK.NZ) is a publicly listed company on the New Zealand Stock Exchange. As of the latest available data, MCK.NZ offers a dividend yield that has fluctuated over the past five years, reflecting market conditions and company performance. The current yield is competitive, though it may vary compared to sector averages. Dividends are typically paid semi-annually, providing a stable income stream for investors seeking dividend income. The payout ratio is moderate, suggesting that the dividends are sustainable without compromising the company's financial health. Recently, MCK.NZ has maintained its dividend payments, with no significant cuts or growth, indicating stability. Compared to other stocks in the hospitality sector, MCK.NZ provides a reliable yield, appealing to income-focused investors. However, potential investors should consider market conditions and company performance trends. Is Millennium & Copthorne Hotels New Zealand Limited a retiree-friendly dividend stock? It depends on individual income needs and risk tolerance.
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Dividend Growth History
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Financial Health
Millennium & Copthorne Hotels New Zealand Limited Dividend History
MCK dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 07/05/2026 | 15/05/2026 | 0.0353 | 17.65% | 3.26 | 3.26 |
| 11/06/2025 | 19/06/2025 | 0.0353 | 17.65% | ||
| 09/05/2024 | 17/05/2024 | 0.03 | N/A | 1.85 | 1.85 |
| 04/05/2023 | 12/05/2023 | 0.03 | -14.29% | 1.93 | 1.96 |
| 05/05/2022 | 13/05/2022 | 0.035 | -53.33% | 2.34 | 2.41 |
| 07/05/2020 | 15/05/2020 | 0.075 | N/A | 1.71 | 1.79 |
| 09/05/2019 | 17/05/2019 | 0.075 | 25% | 2.6 | 2.84 |
| 10/05/2018 | 18/05/2018 | 0.06 | 20% | 2.53 | 2.84 |
| 11/05/2017 | 19/05/2017 | 0.05 | 78.57% | 2.44 | 2.8 |
| 12/05/2016 | N/A | 0.028 | 16.67% | 1.57 | 1.83 |
| 06/05/2015 | N/A | 0.024 | 100% | 1.35 | 1.6 |
| 07/05/2014 | N/A | 0.012 | 186.26% | 0.55 | 0.66 |
| 01/05/2013 | N/A | 0.0042 | 99.90% | 0.57 | 0.69 |
| 02/05/2012 | N/A | 0.0021 | N/A | 0.34 | 0.42 |
| 04/05/2011 | N/A | 0.0021 | -82.35% | 0.37 | 0.46 |
| 10/05/2010 | N/A | 0.0119 | N/A | 0.35 | 0.45 |
| 04/05/2009 | N/A | 0.0119 | -95.86% | 0.27 | 0.36 |
| 07/11/2007 | N/A | 0.2871 | 20.83% | 0.51 | 0.69 |
| 08/11/2006 | N/A | 0.2376 | 41.18% | 0.27 | 0.61 |
| 11/02/2004 | N/A | 0.1683 | N/A | 0.13 | 0.48 |
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Investment Analysis: Millennium & Copthorne Hotels New Zealand Limited
Dividend Payment Analysis
Millennium & Copthorne Hotels New Zealand Limited (MCK.NZ) operates in the Consumer Cyclical sector and offers investors a low dividend yield of 0.97% 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. Millennium & Copthorne Hotels New Zealand Limitedcurrently maintains a payout ratio of not available, which is considered strong coverage.
Dividend Yield Context
A 0.97% 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. Millennium & Copthorne Hotels New Zealand Limited trades at a P/E ratio of 25.1x, 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, Millennium & Copthorne Hotels New Zealand 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
Consumer Cyclical 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 Millennium & Copthorne Hotels New Zealand Limited's current dividend yield?
Millennium & Copthorne Hotels New Zealand Limited (MCK.NZ) currently has a dividend yield of 0.97% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.070) by the current share price ($3.10).
When does Millennium & Copthorne Hotels New Zealand Limited pay dividends?
Based on historical data, Millennium & Copthorne Hotels New Zealand Limited typically pays dividends semi-annually. The most recent ex-dividend date was 7/05/2026with a payment of $0.0353 per share. The payment date was 15/05/2026. Dividend payment schedules are subject to board approval and may change.
Does Millennium & Copthorne Hotels New Zealand Limited offer imputation credits?
Millennium & Copthorne Hotels New Zealand 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 Millennium & Copthorne Hotels New Zealand Limited been paying dividends?
Our database shows Millennium & Copthorne Hotels New Zealand 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 Millennium & Copthorne Hotels New Zealand Limited's official dividend announcements?
Official dividend announcements for Millennium & Copthorne Hotels New Zealand 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 Millennium & Copthorne Hotels New Zealand Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Millennium & Copthorne Hotels New Zealand Limited as of 22/05/2026:
Dividend Consistency
Millennium & Copthorne Hotels New Zealand Limited has made 10 consecutive years of dividend payments based on our records, with a total of 20 payments tracked.
Dividend Growth Pattern
Over the tracked period, Millennium & Copthorne Hotels New Zealand 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 | 0.97% |
| 5-Year Average Yield | 0.97% |
| Consumer Cyclical 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 Consumer Cyclical Stocks
Compare dividend yields across Consumer Cyclical sector companies
Investors interested in Consumer Cyclical 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.
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