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Precinct Properties NZ Ltd & Precinct Properties Investments Ltd

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (PCT.NZ) Stock Price & Analysis

NZX

NZX Share Price, Dividends & Financials

Real Estate
Website

Price

$1.04

Dividend Yield

6.65%

Annual yield

Market Cap

2B

Total value

P/E Ratio

111

Price to earnings

Dividend Information

Annual Rate

0.07

Per share annually

Last Dividend

0.02

19/05/2026

Ex-Dividend

20/05/2026

Next ex-date

Payout Ratio

168.75

Of earnings

Years Paying

19

Consecutive

5Y Avg Yield

4.89

Historical avg

Stock Analysis Summary

01-04-2026

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (PCT.NZ) is a prominent player on the NZX, known for its focus on premium commercial real estate. The company offers a dividend yield of approximately 4.5%, with a 5-year range fluctuating between 4% and 5.5%. Dividends are typically paid quarterly, demonstrating a commitment to providing consistent dividend income. The payout ratio hovers around 80%, which is generally sustainable given the company's stable cash flows from its property portfolio. Recently, Precinct Properties has maintained steady dividends without significant cuts or growth, aligning with sector averages and meeting income investor expectations. This stability makes it a reliable yield option, particularly appealing to retirees seeking dependable income streams. Compared to other real estate stocks, PCT.NZ offers competitive yields, making it a retiree-friendly investment. Is Precinct Properties NZ Ltd & Precinct Properties Investments Ltd a smart choice for income-focused NZ investors seeking reliable dividend income?

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

90 payments tracked
-11.5% total growth
Latest Dividend
$0.017
Ex-date: 3/5/2026
Recent Change
-0.6%
vs previous payment

Valuation Metrics

Forward P/E15.32
EPS0.01
Revenue Per Share0.172

Financial Health

Current Ratio0.452
Quick Ratio0.437
Cash Per Share0.016

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd Dividend History

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

Ex Dividend DatePayable DateDividend AmountAmount ChangeAdjusted PriceClose Price
05/03/202620/03/20260.0169-0.85%1.111.11
27/11/202512/12/20250.017-0.24%1.241.24
04/09/202519/09/20250.01711.11%1.271.27
21/05/202506/06/20250.0170.86%1.171.17
06/03/202521/03/20250.0169N/A1.171.17
28/11/202413/12/20240.0169N/A1.21.2
05/09/202420/09/20240.0169N/A1.281.3
22/05/202407/06/20240.0169N/A1.131.16
07/03/202422/03/20240.0169N/A1.141.18
30/11/202315/12/20230.01690.75%1.081.14
07/09/202322/09/20230.0168N/A1.11.17
25/05/202309/06/20230.0168N/A1.111.21
09/03/202324/03/20230.0168N/A1.161.28
01/12/202216/12/20220.0168N/A1.141.27
08/09/202223/09/20220.0168N/A1.171.33
26/05/202210/06/20220.0168N/A1.191.36
10/03/202225/03/20220.0168N/A1.291.5
25/11/202110/12/20210.01683.08%1.341.57
09/09/202124/09/20210.0163N/A1.421.69
25/05/202111/06/20210.0163N/A1.341.6
11/03/202126/03/20210.0163N/A1.311.59
25/11/202010/12/20200.01633.17%1.391.71
10/09/202025/09/20200.0158N/A1.351.66
27/05/202012/06/20200.0158N/A1.251.56
12/03/202027/03/20200.0158N/A1.451.82
27/11/201912/12/20190.01585%1.421.8
12/09/201927/09/20190.015N/A1.441.84
06/06/201921/06/20190.015N/A1.261.62
12/03/201927/03/20190.015N/A1.191.54
16/11/201803/12/20180.0153.45%1.071.41
13/09/201828/09/20180.0145N/A1.081.44
24/05/201808/06/20180.0145N/A0.961.29
09/03/201823/03/20180.0145N/A0.941.27
17/11/201701/12/20170.01453.57%0.951.31
14/09/201728/09/20170.014N/A0.911.27
24/05/201708/06/20170.014N/A0.851.19
01/03/201716/03/20170.014N/A0.841.2
23/11/2016N/A0.0143.70%0.841.21
14/09/2016N/A0.0135N/A0.891.29
25/05/2016N/A0.0135N/A0.871.28
01/03/2016N/A0.0135N/A0.821.21
01/12/2015N/A0.0135N/A0.821.23
08/09/2015N/A0.0135N/A0.741.13
18/05/2015N/A0.0135N/A0.721.11
27/03/2015N/A0.01350.77%0.761.18
25/11/2014N/A0.0134-0.76%0.71.1
24/11/2014N/A0.01350.77%0.71.1
02/09/2014N/A0.0134-0.76%0.71.11
01/09/2014N/A0.01350.77%0.681.08
19/05/2014N/A0.0134-0.76%0.651.05
18/05/2014N/A0.01350.77%0.681.09
04/03/2014N/A0.0134-0.76%0.611
03/03/2014N/A0.01350.77%0.610.99
26/11/2013N/A0.0134-0.76%0.60.99
25/11/2013N/A0.01356.28%0.590.98
02/09/2013N/A0.0127-0.77%0.621.04
01/09/2013N/A0.01287256.32%0.590.98
27/05/2013N/A0.0002-98.63%0.631.08
26/02/2013N/A0.01272256.59%0.611.03
25/02/2013N/A0.0005-44.77%0.61.02
20/11/2012N/A0.00145.02%0.581
28/08/2012N/A0.0007-9.30%0.550.95
08/05/2012N/A0.0007-94.11%0.550.95
07/05/2012N/A0.01260.77%0.530.93
28/02/2012N/A0.01251564.98%0.510.87
27/02/2012N/A0.000811.09%0.490.86
15/11/2011N/A0.0007-94.63%0.480.84
14/11/2011N/A0.01261136.51%0.470.83
06/09/2011N/A0.001-91.85%0.490.85
10/05/2011N/A0.01251453.29%0.470.81
09/05/2011N/A0.0008-94.50%0.470.82
08/03/2011N/A0.01461370.05%0.420.74
07/03/2011N/A0.001-78.62%0.450.81
14/10/2010N/A0.0047-0.77%0.430.77
13/10/2010N/A0.0047-67.85%0.430.77
08/10/2010N/A0.01462279.77%0.440.79
18/08/2010N/A0.0006-48.09%0.380.7
10/05/2010N/A0.0012-92.19%0.40.74
19/02/2010N/A0.0151-0.77%0.380.71
18/02/2010N/A0.01522.39%0.410.76
09/11/2009N/A0.0149-0.77%0.410.78
08/11/2009N/A0.01513.32%0.390.75
28/08/2009N/A0.0132-0.77%0.40.78
27/08/2009N/A0.01330.17%0.410.79
19/05/2009N/A0.0133-0.77%0.370.72
18/05/2009N/A0.0134-24.80%0.380.75
23/02/2009N/A0.0178-5.90%0.420.85
22/02/2009N/A0.0195.38%0.430.87
07/11/2008N/A0.018-5.90%0.460.95
06/11/2008N/A0.0191N/A0.440.91

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Investment Analysis: Precinct Properties NZ Ltd & Precinct Properties Investments Ltd

Dividend Payment Analysis

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (PCT.NZ) operates in the Real Estate sector and offers investors a high dividend yield of 6.65% based on current market prices. For New Zealand income investors, this translates to approximately $0.0700per 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. Precinct Properties NZ Ltd & Precinct Properties Investments Ltdcurrently maintains a payout ratio of 168.8%, 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 6.65% 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. Precinct Properties NZ Ltd & Precinct Properties Investments Ltd trades at a P/E ratio of 111.0x, 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, Precinct Properties NZ Ltd & Precinct Properties Investments Ltd 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 Precinct Properties NZ Ltd & Precinct Properties Investments Ltd's current dividend yield?

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (PCT.NZ) currently has a dividend yield of 6.65% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.070) by the current share price ($1.04).

When does Precinct Properties NZ Ltd & Precinct Properties Investments Ltd pay dividends?

Based on historical data, Precinct Properties NZ Ltd & Precinct Properties Investments Ltd typically pays dividends semi-annually. The most recent ex-dividend date was 5/03/2026with a payment of $0.0169 per share. The payment date was 20/03/2026. Dividend payment schedules are subject to board approval and may change.

Does Precinct Properties NZ Ltd & Precinct Properties Investments Ltd offer imputation credits?

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd 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 Precinct Properties NZ Ltd & Precinct Properties Investments Ltd been paying dividends?

Our database shows Precinct Properties NZ Ltd & Precinct Properties Investments Ltd has 45 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 Precinct Properties NZ Ltd & Precinct Properties Investments Ltd's official dividend announcements?

Official dividend announcements for Precinct Properties NZ Ltd & Precinct Properties Investments Ltd 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 Precinct Properties NZ Ltd & Precinct Properties Investments Ltd

Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Precinct Properties NZ Ltd & Precinct Properties Investments Ltd as of 22/05/2026:

Dividend Consistency

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd has made 45 consecutive years of dividend payments based on our records, with a total of 90 payments tracked.

Dividend Growth Pattern

Over the tracked period, Precinct Properties NZ Ltd & Precinct Properties Investments Ltd'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 Yield6.65%
5-Year Average Yield6.65%
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:168.8%
  • Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
  • Dividend Coverage:0.59x
  • 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

View All

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

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

Kiwi Property Group Limited logo

KPG.NZ

Kiwi Property Group Limited

Div. Yield

6.15%

Price

$0.93

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.