NZX Limited (NZX.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$1.35
Dividend Yield
4.89%
Annual yield
Market Cap
444M
Total value
P/E Ratio
20.6
Price to earnings
Dividend Information
Annual Rate
0.08
Per share annually
Last Dividend
0.03
17/03/2026
Ex-Dividend
18/03/2026
Next ex-date
Payout Ratio
85.71
Of earnings
Years Paying
21
Consecutive
5Y Avg Yield
4.63
Historical avg
Stock Analysis Summary
01-04-2026
NZX Limited, listed on the New Zealand Exchange under the ticker NZX.NZ, is known for providing a steady dividend income to its shareholders. Currently, the dividend yield stands at approximately 4.5%, with the 5-year range fluctuating between 4% and 5.5%. The company pays dividends on a semi-annual basis, demonstrating a stable payout history that appeals to income-focused investors. With a payout ratio of around 80%, the dividends are considered sustainable, although the ratio suggests limited room for significant dividend growth. Recently, NZX Limited has maintained its dividend levels without any cuts or significant increases, indicating a conservative approach in line with sector averages. This consistency makes it attractive for those seeking a reliable yield. However, potential investors should consider the company's growth prospects alongside its dividend performance. Is NZX Limited suitable for conservative, long-term investors looking for a stable income stream?
Dividend Calendar
Track upcoming dividend dates for all NZX companies
1 company
Next 30 days
1 payment
This month
6%
All sectors
Dividend Growth History
Valuation Metrics
Financial Health
NZX Limited Dividend History
NZX dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 18/03/2026 | 02/04/2026 | 0.0388 | 10.00% | 1.5 | 1.5 |
| 17/09/2025 | 02/10/2025 | 0.0353 | 13.85% | 1.45 | 1.45 |
| 18/03/2025 | 02/04/2025 | 0.0365 | 21.57% | 1.67 | 1.67 |
| 18/09/2024 | 03/10/2024 | 0.03 | -3.23% | 1.25 | 1.25 |
| 14/03/2024 | 28/03/2024 | 0.031 | 3.33% | 1.01 | 1.03 |
| 20/09/2023 | 05/10/2023 | 0.03 | -3.23% | 1.07 | 1.13 |
| 01/03/2023 | 16/03/2023 | 0.031 | -25.60% | 1.14 | 1.24 |
| 08/09/2022 | 23/09/2022 | 0.0417 | 34.41% | 1.11 | 1.23 |
| 23/02/2022 | 10/03/2022 | 0.031 | 3.33% | 1.32 | 1.52 |
| 09/09/2021 | 24/09/2021 | 0.03 | -3.23% | 1.46 | 1.72 |
| 11/03/2021 | 26/03/2021 | 0.031 | 3.33% | 1.56 | 1.87 |
| 03/09/2020 | 18/09/2020 | 0.03 | -3.23% | 1.34 | 1.62 |
| 05/03/2020 | 20/03/2020 | 0.031 | 3.33% | 1.07 | 1.32 |
| 29/08/2019 | 13/09/2019 | 0.03 | -3.23% | 0.98 | 1.24 |
| 07/03/2019 | 22/03/2019 | 0.031 | 106.67% | 0.74 | 0.96 |
| 30/08/2018 | 14/09/2018 | 0.015 | -51.61% | 0.79 | 1.05 |
| 08/03/2018 | 23/03/2018 | 0.031 | 3.33% | 0.77 | 1.04 |
| 31/08/2017 | 15/09/2017 | 0.03 | N/A | 0.84 | 1.17 |
| 09/03/2017 | 24/03/2017 | 0.03 | 1.83% | 0.73 | 1.04 |
| 01/09/2016 | 16/09/2016 | 0.0295 | -1.79% | 0.68 | 1 |
| 31/08/2016 | 16/09/2016 | 0.03 | 1.83% | 0.67 | 1.02 |
| 15/03/2016 | 30/03/2016 | 0.0295 | -1.79% | 0.66 | 0.99 |
| 14/03/2016 | 30/03/2016 | 0.03 | -26.69% | 0.65 | 1 |
| 31/08/2015 | 16/09/2015 | 0.0409 | -1.79% | 0.63 | 0.98 |
| 30/08/2015 | 16/09/2015 | 0.0417 | 41.44% | 0.62 | 0.98 |
| 11/03/2015 | 27/03/2015 | 0.0295 | -1.79% | 0.68 | 1.1 |
| 10/03/2015 | 27/03/2015 | 0.03 | 1.83% | 0.66 | 1.09 |
| 27/08/2014 | 12/09/2014 | 0.0295 | -1.79% | 0.72 | 1.21 |
| 26/08/2014 | 12/09/2014 | 0.03 | 90.92% | 0.72 | 1.22 |
| 05/03/2014 | 21/03/2014 | 0.0157 | -1.79% | 0.73 | 1.25 |
| 04/03/2014 | 21/03/2014 | 0.016 | 8.61% | 0.73 | 1.26 |
| 28/11/2013 | 13/12/2013 | 0.0147 | -1.79% | 0.72 | 1.24 |
| 27/11/2013 | 13/12/2013 | 0.015 | 592.52% | 0.7 | 1.22 |
| 29/08/2013 | 13/09/2013 | 0.0022 | -1.55% | 0.73 | 1.28 |
| 28/08/2013 | 13/09/2013 | 0.0022 | -82.08% | 0.71 | 1.26 |
| 15/05/2013 | 31/05/2013 | 0.0123 | 458% | 0.78 | 1.37 |
| 14/05/2013 | 31/05/2013 | 0.0022 | 1.57% | 0.78 | 1.39 |
| 06/03/2013 | 22/03/2013 | 0.0022 | -82.67% | 0.72 | 1.27 |
| 05/03/2013 | 22/03/2013 | 0.0125 | 477.10% | 0.74 | 1.32 |
| 14/11/2012 | 30/11/2012 | 0.0022 | -82.67% | 0.69 | 1.22 |
| 13/11/2012 | 30/11/2012 | 0.0125 | -26.68% | 0.68 | 1.22 |
| 29/08/2012 | 14/09/2012 | 0.017 | -1.79% | 0.6 | 1.06 |
| 28/08/2012 | 14/09/2012 | 0.0174 | 26.90% | 0.58 | 1.05 |
| 10/05/2012 | 21/05/2012 | 0.0137 | -57.91% | 0.65 | 1.18 |
| 09/05/2012 | 21/05/2012 | 0.0325 | 1490.80% | 0.67 | 1.23 |
| 07/03/2012 | 23/03/2012 | 0.002 | -92.57% | 0.62 | 1.14 |
| 06/03/2012 | 23/03/2012 | 0.0275 | 137.58% | 0.64 | 1.18 |
| 07/12/2011 | 16/12/2011 | 0.0116 | 136.22% | 0.52 | 0.95 |
| 06/12/2011 | 16/12/2011 | 0.0049 | -57.67% | 0.51 | 0.95 |
| 31/08/2011 | 09/09/2011 | 0.0116 | 136.22% | 0.52 | 0.97 |
| 30/08/2011 | 09/09/2011 | 0.0049 | 139.84% | 0.51 | 0.97 |
| 25/05/2011 | 03/06/2011 | 0.002 | -58.31% | 0.55 | 1.03 |
| 24/05/2011 | 03/06/2011 | 0.0049 | -81.37% | 0.56 | 1.06 |
| 19/04/2011 | 29/04/2011 | 0.0263 | 139.15% | 0.49 | 0.91 |
| 18/04/2011 | 29/04/2011 | 0.011 | 294.97% | 0.51 | 0.97 |
| 20/10/2010 | N/A | 0.0028 | -57.80% | 0.35 | 0.68 |
| 19/10/2010 | N/A | 0.0066 | -74.04% | 0.35 | 0.67 |
| 15/04/2009 | N/A | 0.0254 | -90.68% | 0.33 | 0.64 |
| 14/04/2009 | N/A | 0.2728 | 1177.36% | 0.34 | 0.67 |
| 06/05/2008 | N/A | 0.0214 | -90.68% | 0.37 | 0.74 |
| 05/05/2008 | N/A | 0.2291 | 140470.55% | 0.39 | 0.78 |
| 26/03/2007 | N/A | 0.0002 | -90.69% | 0.41 | 0.86 |
| 25/03/2007 | N/A | 0.0018 | 588.98% | 0.45 | 0.92 |
| 20/03/2006 | N/A | 0.0003 | -90.70% | 0.35 | 0.74 |
| 19/03/2006 | N/A | 0.0027 | N/A | 0.37 | 0.76 |
Want to calculate your dividend profits?
Use our Dividend Calculator to estimate and track your dividend earnings.
Investment Analysis: NZX Limited
Dividend Payment Analysis
NZX Limited (NZX.NZ) operates in the Financial Services sector and offers investors a moderate dividend yield of 4.89% 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. NZX Limitedcurrently maintains a payout ratio of 85.7%, 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 4.89% 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. NZX Limited trades at a P/E ratio of 20.6x, 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, NZX 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
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 NZX Limited's current dividend yield?
NZX Limited (NZX.NZ) currently has a dividend yield of 4.89% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.080) by the current share price ($1.35).
When does NZX Limited pay dividends?
Based on historical data, NZX Limited typically pays dividends semi-annually. The most recent ex-dividend date was 18/03/2026with a payment of $0.0388 per share. The payment date was 2/04/2026. Dividend payment schedules are subject to board approval and may change.
Does NZX Limited offer imputation credits?
NZX 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 NZX Limited been paying dividends?
Our database shows NZX Limited has 33 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 NZX Limited's official dividend announcements?
Official dividend announcements for NZX 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 NZX Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for NZX Limited as of 22/05/2026:
Dividend Consistency
NZX Limited has made 33 consecutive years of dividend payments based on our records, with a total of 65 payments tracked.
Dividend Growth Pattern
Over the tracked period, NZX 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 | 4.89% |
| 5-Year Average Yield | 4.89% |
| 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:85.7%
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:1.17x
- 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 Financial Services Stocks
Compare dividend yields across Financial Services sector companies
Investors interested in Financial Services 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.
TWR.NZ
Tower Limited
Div. Yield
11.45%
Price
$2.15
MLN.NZ
Marlin Global Limited
Div. Yield
9.4%
Price
$0.8
KFL.NZ
Kingfish Limited
Div. Yield
8.9%
Price
$1.2
HGH.NZ
Heartland Group Holdings Limited
Div. Yield
6.67%
Price
$1.08
ANZ.NZ
ANZ Group Holdings Limited
Div. Yield
4.77%
Price
$43
WBC.NZ
Westpac Banking Corporation
Div. Yield
4.29%
Price
$44.38