Smart NZ Bond ETF (NZB.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$3.025
Dividend Yield
1.07%
Annual yield
Market Cap
N/A
Total value
P/E Ratio
0.00
Price to earnings
Dividend Information
Annual Rate
0.03
Per share annually
Last Dividend
Unknown
Unknown
Ex-Dividend
Unknown
Next ex-date
Payout Ratio
Unknown
Of earnings
Years Paying
11
Consecutive
5Y Avg Yield
Unknown
Historical avg
Stock Analysis Summary
01-04-2026
As of the latest data, the Smart NZ Bond ETF (NZB.NZ) is a New Zealand Exchange-listed exchange-traded fund that focuses on providing investors with exposure to a diversified portfolio of New Zealand bonds. This ETF is designed to offer a stable and reliable yield, making it potentially attractive for income-focused investors, including retirees. The current dividend yield for NZB.NZ is competitive, though specific figures for the yield and the 5-year range are not readily available. The ETF typically pays dividends quarterly, reflecting a stable payout frequency. The payout ratio is generally sustainable, as it is based on the interest income generated from the underlying bonds. There have been no significant recent changes in dividend policy, indicating a consistent approach to income distribution. Compared to sector averages, Smart NZ Bond ETF offers a reliable yield that aligns well with income investor expectations. Given its focus on stability and income, is the Smart NZ Bond ETF worth holding for dividend income in 2025?
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Dividend Growth History
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Smart NZ Bond ETF Dividend History
NZB dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 26/02/2026 | 20/03/2026 | 0.0081 | -63.69% | ||
| 27/11/2025 | 19/12/2025 | 0.0222 | 126.92% | 3.07 | 3.07 |
| 28/08/2025 | 19/09/2025 | 0.0098 | -77.38% | 3.02 | 3.02 |
| 29/05/2025 | 19/06/2025 | 0.0554 | 596.93% | ||
| 27/02/2025 | 20/03/2025 | 0.0079 | -68.05% | 2.99 | 2.99 |
| 28/11/2024 | 20/12/2024 | 0.0249 | -81.10% | 2.97 | 2.97 |
| 23/10/2024 | 04/11/2024 | 0.1315 | 1361.71% | 2.98 | 2.98 |
| 29/08/2024 | 20/09/2024 | 0.009 | N/A | 2.95 | 2.98 |
| 28/08/2024 | 20/09/2024 | 0.009 | -58.91% | 2.95 | 2.98 |
| 30/05/2024 | 20/06/2024 | 0.0219 | N/A | 2.85 | 2.89 |
| 29/05/2024 | 20/06/2024 | 0.0219 | 100.03% | 2.87 | 2.9 |
| 28/02/2024 | 20/03/2024 | 0.0109 | N/A | 2.82 | 2.89 |
| 27/02/2024 | 20/03/2024 | 0.0109 | -46.70% | 2.85 | 2.9 |
| 29/11/2023 | 20/12/2023 | 0.0205 | N/A | 2.8 | 2.87 |
| 28/11/2023 | 20/12/2023 | 0.0205 | 61.95% | 2.81 | 2.87 |
| 30/08/2023 | 20/09/2023 | 0.0127 | N/A | 2.75 | 2.85 |
| 29/08/2023 | 20/09/2023 | 0.0127 | 5.53% | 2.77 | 2.86 |
| 30/05/2023 | 20/06/2023 | 0.012 | N/A | 2.76 | 2.86 |
| 29/05/2023 | 20/06/2023 | 0.012 | -1.38% | 2.77 | 2.87 |
| 27/02/2023 | 20/03/2023 | 0.0122 | N/A | 2.72 | 2.84 |
| 26/02/2023 | 20/03/2023 | 0.0122 | 11.74% | 2.73 | 2.84 |
| 29/11/2022 | 20/12/2022 | 0.0109 | N/A | 2.72 | 2.85 |
| 28/11/2022 | 20/12/2022 | 0.0109 | -11.96% | 2.73 | 2.85 |
| 30/08/2022 | 20/09/2022 | 0.0124 | N/A | 2.73 | 2.87 |
| 29/08/2022 | 20/09/2022 | 0.0124 | -9.22% | 2.74 | 2.87 |
| 30/05/2022 | 20/06/2022 | 0.0136 | -39.68% | 2.74 | 2.9 |
| 25/02/2022 | 18/03/2022 | 0.0226 | 3.31% | 2.78 | 2.95 |
| 29/11/2021 | 20/12/2021 | 0.0219 | 36.12% | 2.79 | 2.98 |
| 30/08/2021 | 20/09/2021 | 0.0161 | -19.95% | 2.84 | 3.06 |
| 28/05/2021 | 18/06/2021 | 0.0201 | -7.51% | 2.84 | 3.07 |
| 25/02/2021 | 19/03/2021 | 0.0217 | -24.20% | 2.84 | 3.1 |
| 27/11/2020 | 18/12/2020 | 0.0287 | 76.36% | 2.85 | 3.14 |
| 28/08/2020 | 18/09/2020 | 0.0163 | N/A | 2.85 | 3.17 |
| 27/08/2020 | 18/09/2020 | 0.0163 | -18.72% | 2.87 | 3.17 |
| 28/05/2020 | 19/06/2020 | 0.02 | -17.11% | 2.81 | 3.14 |
| 27/02/2020 | 20/03/2020 | 0.0241 | 0.25% | 2.76 | 3.1 |
| 28/11/2019 | 18/12/2019 | 0.0241 | -7.71% | 2.73 | 3.1 |
| 29/08/2019 | 20/09/2019 | 0.0261 | -11.20% | 2.73 | 3.12 |
| 30/05/2019 | 20/06/2019 | 0.0294 | 1.47% | 2.67 | 3.07 |
| 27/02/2019 | 20/03/2019 | 0.0289 | -28.89% | 2.61 | 3.04 |
| 29/11/2018 | 20/12/2018 | 0.0407 | 104.71% | 2.57 | 3.02 |
| 30/08/2018 | 20/09/2018 | 0.0199 | -37.17% | 2.56 | 3.04 |
| 30/05/2018 | 20/06/2018 | 0.0316 | 14.43% | 2.52 | 3.02 |
| 27/02/2018 | 20/03/2018 | 0.0276 | -3.54% | 2.5 | 3.02 |
| 29/11/2017 | 20/12/2017 | 0.0287 | 53.92% | 2.48 | 3.02 |
| 30/08/2017 | 20/09/2017 | 0.0186 | -39.72% | 2.46 | 3.03 |
| 30/05/2017 | 22/06/2017 | 0.0309 | -24.54% | 2.42 | 3 |
| 27/02/2017 | N/A | 0.0409 | 62.39% | 2.38 | 2.97 |
| 05/12/2016 | 20/12/2016 | 0.0252 | -15.29% | 2.36 | 2.97 |
| 29/11/2016 | N/A | 0.0298 | 8.86% | 2.35 | 2.99 |
| 29/09/2016 | 18/10/2016 | 0.0273 | 22.23% | 2.38 | 3.05 |
| 29/06/2016 | N/A | 0.0224 | 17.86% | 2.35 | 3.03 |
| 27/04/2016 | N/A | 0.019 | -36.61% | 2.32 | 3.02 |
| 30/03/2016 | N/A | 0.0299 | N/A | 2.3 | 3.01 |
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Investment Analysis: Smart NZ Bond ETF
Dividend Payment Analysis
Smart NZ Bond ETF (NZB.NZ) operates in the Financial Services sector and offers investors a low dividend yield of 1.07% based on current market prices. For New Zealand income investors, this translates to approximately $0.0300per share annually.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. Smart NZ Bond ETFcurrently maintains a payout ratio of not available, which is considered strong coverage.
Dividend Yield Context
A 1.07% 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. Smart NZ Bond ETF trades at a valuation that requires individual assessment. 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, Smart NZ Bond ETF 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 Smart NZ Bond ETF's current dividend yield?
Smart NZ Bond ETF (NZB.NZ) currently has a dividend yield of 1.07% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.030) by the current share price ($3.02).
When does Smart NZ Bond ETF pay dividends?
Based on historical data, Smart NZ Bond ETF typically pays dividends semi-annually. The most recent ex-dividend date was 26/02/2026with a payment of $0.0081 per share. The payment date was 20/03/2026. Dividend payment schedules are subject to board approval and may change.
Does Smart NZ Bond ETF offer imputation credits?
Smart NZ Bond ETF 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 Smart NZ Bond ETF been paying dividends?
Our database shows Smart NZ Bond ETF 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 Smart NZ Bond ETF's official dividend announcements?
Official dividend announcements for Smart NZ Bond ETF 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 Smart NZ Bond ETF
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Smart NZ Bond ETF as of 22/05/2026:
Dividend Consistency
Smart NZ Bond ETF 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, Smart NZ Bond ETF'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 | 1.07% |
| 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: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.
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