Skip to main content
Mainfreight Limited

Mainfreight Limited (MFT.NZ) Stock Price & Analysis

NZX

NZX Share Price, Dividends & Financials

Industrials
Website

Price

$55.34

Dividend Yield

3.85%

Annual yield

Market Cap

6B

Total value

P/E Ratio

25.0

Price to earnings

Dividend Information

Annual Rate

2

Per share annually

Last Dividend

0.85

10/12/2025

Ex-Dividend

11/12/2025

Next ex-date

Payout Ratio

84.06

Of earnings

Years Paying

26

Consecutive

5Y Avg Yield

1.86

Historical avg

Stock Analysis Summary

01-04-2026

Mainfreight Limited (MFT.NZ) is a prominent logistics and supply chain company listed on the NZX. As of the latest data, Mainfreight offers a dividend yield of approximately 1.8%, with a 5-year range fluctuating between 1.5% and 2.5%. The company pays dividends semi-annually, demonstrating a stable payout history. Mainfreight maintains a conservative payout ratio, typically around 50%, indicating a sustainable approach that balances rewarding shareholders with reinvesting in growth opportunities. Recently, Mainfreight has shown a trend of gradual dividend growth, reflecting its robust financial performance and commitment to delivering shareholder value. Compared to sector averages, Mainfreight's yield might appear modest, but its reliable payout history and growth prospects make it appealing for long-term income investors. While not the highest-yielding option, Mainfreight's dividends are considered retiree-friendly due to their stability and growth potential. Should dividend investors consider Mainfreight Limited in their 2025 portfolio for a blend of income and growth?

Dividend Calendar

Track upcoming dividend dates for all NZX companies

View Calendar
Upcoming Ex-Dates

1 company

Next 30 days

Payment Dates

1 payment

This month

Avg Yield

6%

All sectors

Dividend Growth History

53 payments tracked
+3233.3% total growth
Latest Dividend
$1.000
Ex-date: 12/11/2025
Recent Change
-2.3%
vs previous payment

Valuation Metrics

Forward P/E19.93
EPS2.51
Revenue Per Share52.001

Financial Health

Current Ratio1.083
Quick Ratio0.968
Cash Per Share1.781

Mainfreight Limited Dividend History

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

Ex Dividend DatePayable DateDividend AmountAmount ChangeAdjusted PriceClose Price
11/12/202519/12/20251.0-2.30%67.3567.35
10/07/202518/07/20251.023520.42%70.5570.55
12/12/202420/12/20240.85-2.30%71.4971.49
11/07/2024N/A0.872.35%71.1672
07/12/2023N/A0.85-2.30%66.568.11
12/07/2023N/A0.872.35%68.4871
08/12/2022N/A0.85-2.30%66.2869.55
14/07/2022N/A0.8758.18%65.970
09/12/2021N/A0.5522.22%84.4390.8
08/07/2021N/A0.4550%71.3477.19
10/12/2020N/A0.3-11.76%57.1562.2
09/07/2020N/A0.3436%36.4839.9
05/12/2019N/A0.25-26.47%37.0840.9
11/07/2019N/A0.3454.55%36.8640.9
06/12/2018N/A0.22-15.38%27.2630.5
12/07/2018N/A0.2636.84%24.8428
07/12/2017N/A0.19-20.83%21.2324.15
13/07/2017N/A0.2441.18%20.3623.34
08/12/2016N/A0.17-26.09%17.5320.3
14/07/2016N/A0.2364.29%14.2116.6
09/12/2015N/A0.14-30%13.115.51
08/07/2015N/A0.242.86%12.7215.2
03/12/2014N/A0.14-26.32%12.815.5
09/07/2014N/A0.1946.15%11.7614.37
04/12/2013N/A0.13391.10%9.3311.55
10/07/2013N/A0.026525.00%8.6510.83
05/12/2012N/A0.0212-14.29%8.6110.81
11/07/2012N/A0.0247-82.35%7.599.54
10/07/2012N/A0.14561.13%7.359.33
07/12/2011N/A0.0212-80.75%8.0110.1
13/07/2011N/A0.11466.66%8.0110.12
12/07/2011N/A0.019422.23%8.1410.5
08/12/2010N/A0.0159-84.12%5.957.6
19/07/2010N/A0.1466.67%4.856.2
18/07/2010N/A0.0176-79.24%5.086.65
07/12/2009N/A0.085-15%4.325.61
20/07/2009N/A0.117.65%3.084.07
08/12/2008N/A0.085-15%3.494.72
21/07/2008N/A0.125%4.666.42
10/12/2007N/A0.08N/A5.077.09
16/07/2007N/A0.08N/A5.267.45
30/05/2007N/A0.0814.29%5.077.25
11/12/2006N/A0.07-75%5.347.72
10/12/2006N/A0.28460%5.418
12/12/2005N/A0.0542.86%2.293.34
18/07/2005N/A0.035N/A1.92.82
19/07/2004N/A0.03516.67%1.231.85
08/12/2003N/A0.03-14.29%0.881.35
14/07/2003N/A0.03516.67%0.861.35
09/12/2002N/A0.03-14.29%0.671.08
15/07/2002N/A0.03516.67%0.821.35
10/12/2001N/A0.03N/A0.861.45
11/12/2000N/A0.03N/A0.751.3

Want to calculate your dividend profits?

Use our Dividend Calculator to estimate and track your dividend earnings.

Visit Calculator

Investment Analysis: Mainfreight Limited

Dividend Payment Analysis

Mainfreight Limited (MFT.NZ) operates in the Industrials sector and offers investors a moderate dividend yield of 3.85% based on current market prices. For New Zealand income investors, this translates to approximately $2.0000per share annually.

Dividend Sustainability Analysis

A critical factor for dividend investors is the sustainability of payments. Mainfreight Limitedcurrently maintains a payout ratio of 84.1%, which is considered stretched coverage. Investors should carefully monitor earnings trends, as higher payout ratios leave less room for dividend growth or cuts during challenging periods.

Dividend Yield Context

A 3.85% 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. Mainfreight Limited trades at a P/E ratio of 25.0x, which is fair 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, Mainfreight 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

Industrials 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 Mainfreight Limited's current dividend yield?

Mainfreight Limited (MFT.NZ) currently has a dividend yield of 3.85% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($2.000) by the current share price ($55.34).

When does Mainfreight Limited pay dividends?

Based on historical data, Mainfreight Limited typically pays dividends semi-annually. The most recent ex-dividend date was 11/12/2025with a payment of $1.0000 per share. The payment date was 19/12/2025. Dividend payment schedules are subject to board approval and may change.

Does Mainfreight Limited offer imputation credits?

Mainfreight 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 Mainfreight Limited been paying dividends?

Our database shows Mainfreight 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 Mainfreight Limited's official dividend announcements?

Official dividend announcements for Mainfreight 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 Mainfreight Limited

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

Dividend Consistency

Mainfreight Limited has made 27 consecutive years of dividend payments based on our records, with a total of 53 payments tracked.

Dividend Growth Pattern

Over the tracked period, Mainfreight 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 Yield3.85%
5-Year Average Yield3.85%
Industrials Sector Average6.00%

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

Financial Sustainability Indicators

  • Payout Ratio:84.1%
  • Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
  • Dividend Coverage:1.19x
  • 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 Industrials Stocks

Compare dividend yields across Industrials sector companies

View All

Investors interested in Industrials 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.