Sanford Limited (SAN.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$7.64
Dividend Yield
1.78%
Annual yield
Market Cap
715M
Total value
P/E Ratio
11.5
Price to earnings
Dividend Information
Annual Rate
0.04
Per share annually
Last Dividend
0.07
19/05/2026
Ex-Dividend
20/05/2026
Next ex-date
Payout Ratio
62.50
Of earnings
Years Paying
4
Consecutive
5Y Avg Yield
3.02
Historical avg
Stock Analysis Summary
01-04-2026
Sanford Limited (SAN.NZ), a prominent player on the NZX, offers dividend income to its shareholders, appealing to those seeking a retiree-friendly, reliable yield. As of the latest data, Sanford's current dividend yield stands at approximately 3.5%, with a 5-year range fluctuating between 2.8% and 4.0%. The company typically pays dividends semi-annually, maintaining a stable payout frequency. The payout ratio hovers around 60%, suggesting a sustainable dividend policy, as it indicates that the company retains enough earnings to support its operations and future growth. Recently, Sanford has maintained consistent dividend payouts without significant cuts or growth, aligning with sector averages and meeting income investor expectations. For those prioritizing stable income streams, Sanford Limited remains a competitive option within its sector. Does Sanford Limited still offer a stable income stream for investors seeking reliable dividend income?
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Financial Health
Sanford Limited Dividend History
SAN dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 20/05/2026 | 28/05/2026 | 0.0088 | -85.00% | ||
| 28/11/2025 | 08/12/2025 | 0.0588 | -15.29% | 6.46 | 6.46 |
| 27/05/2025 | 06/06/2025 | 0.0588 | 17.65% | 5.23 | 5.23 |
| 29/11/2024 | 09/12/2024 | 0.05 | N/A | 4.24 | 4.24 |
| 10/06/2024 | 18/06/2024 | 0.05 | -16.67% | 3.91 | 3.96 |
| 28/11/2023 | 06/12/2023 | 0.06 | N/A | 3.63 | 3.72 |
| 31/05/2023 | 09/06/2023 | 0.06 | -40% | 3.99 | 4.15 |
| 01/12/2022 | 09/12/2022 | 0.1 | 100% | 4.17 | 4.4 |
| 11/06/2020 | 19/06/2020 | 0.05 | -64.29% | 6.28 | 6.78 |
| 27/11/2019 | 06/12/2019 | 0.14 | 101.73% | 6.8 | 7.4 |
| 06/06/2019 | 14/06/2019 | 0.0694 | -38.80% | 6.26 | 6.94 |
| 28/11/2018 | 07/12/2018 | 0.1134 | 26% | 6.06 | 6.81 |
| 07/06/2018 | 15/06/2018 | 0.09 | -35.71% | 6.73 | 7.72 |
| 29/11/2017 | 08/12/2017 | 0.14 | 55.56% | 6.83 | 7.93 |
| 08/06/2017 | 16/06/2017 | 0.09 | -35.71% | 5.88 | 6.95 |
| 30/11/2016 | N/A | 0.14 | 55.56% | 5.52 | 6.6 |
| 09/06/2016 | N/A | 0.09 | -35.71% | 4.79 | 5.85 |
| 30/11/2015 | N/A | 0.14 | 55.56% | 4.55 | 5.65 |
| 10/06/2015 | N/A | 0.09 | N/A | 4.16 | 5.3 |
| 11/06/2014 | N/A | 0.09 | -35.71% | 3.11 | 4.03 |
| 25/11/2013 | N/A | 0.14 | 55.56% | 3.36 | 4.45 |
| 10/06/2013 | N/A | 0.09 | 264.28% | 3.35 | 4.57 |
| 10/12/2012 | N/A | 0.0247 | -82.35% | 3.21 | 4.4 |
| 09/12/2012 | N/A | 0.14 | 55.56% | 3.08 | 4.28 |
| 13/06/2012 | N/A | 0.09 | 466.68% | 2.77 | 3.81 |
| 12/06/2012 | N/A | 0.0159 | -35.72% | 2.75 | 3.85 |
| 12/12/2011 | N/A | 0.0247 | -82.35% | 2.7 | 3.8 |
| 11/12/2011 | N/A | 0.14 | 781.50% | 2.91 | 4.09 |
| 08/06/2011 | N/A | 0.0159 | -82.35% | 3.81 | 5.4 |
| 07/06/2011 | N/A | 0.09 | -35.71% | 3.75 | 5.3 |
| 08/12/2010 | N/A | 0.14 | 466.66% | 3.35 | 4.76 |
| 07/12/2010 | N/A | 0.0247 | 55.56% | 3.34 | 4.74 |
| 14/06/2010 | N/A | 0.0159 | -82.35% | 2.86 | 4.2 |
| 13/06/2010 | N/A | 0.09 | -35.71% | 2.71 | 3.96 |
| 14/12/2009 | N/A | 0.14 | 55.56% | 3.19 | 4.7 |
| 15/06/2009 | N/A | 0.09 | -30.77% | 3.76 | 5.7 |
| 01/12/2006 | N/A | 0.13 | 44.44% | 3.21 | 4.95 |
| 12/06/2006 | N/A | 0.09 | -30.77% | 3.16 | 5 |
| 02/12/2005 | N/A | 0.13 | -45.83% | 2.61 | 4.2 |
| 24/01/2005 | N/A | 0.24 | -39.91% | 2.65 | 4.4 |
| 23/01/2005 | N/A | 0.3994 | 95.77% | 2.58 | 4.35 |
| 22/01/2004 | N/A | 0.204 | -39.91% | 3.02 | 5.32 |
| 21/01/2004 | N/A | 0.3395 | 88.60% | 3.05 | 5.44 |
| 30/01/2003 | N/A | 0.18 | -39.91% | 2.66 | 4.87 |
| 29/01/2003 | N/A | 0.2995 | 66.41% | 2.58 | 4.79 |
| 23/01/2002 | N/A | 0.18 | -39.91% | 3.34 | 6.34 |
| 22/01/2002 | N/A | 0.2995 | N/A | 3.27 | 6.3 |
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Investment Analysis: Sanford Limited
Dividend Payment Analysis
Sanford Limited (SAN.NZ) operates in the Consumer Defensive sector and offers investors a low dividend yield of 1.78% based on current market prices. For New Zealand income investors, this translates to approximately $0.0400per share annually.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. Sanford Limitedcurrently maintains a payout ratio of 62.5%, which is considered moderate coverage. This moderate payout ratio suggests the company balances returning cash to shareholders with retaining earnings for growth opportunities.
Dividend Yield Context
A 1.78% 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. Sanford Limited trades at a P/E ratio of 11.5x, which is attractive 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, Sanford 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 Defensive 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 Sanford Limited's current dividend yield?
Sanford Limited (SAN.NZ) currently has a dividend yield of 1.78% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.040) by the current share price ($7.64).
When does Sanford Limited pay dividends?
Based on historical data, Sanford Limited typically pays dividends semi-annually. The most recent ex-dividend date was 20/05/2026with a payment of $0.0088 per share. The payment date was 28/05/2026. Dividend payment schedules are subject to board approval and may change.
Does Sanford Limited offer imputation credits?
Sanford 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 Sanford Limited been paying dividends?
Our database shows Sanford Limited has 24 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 Sanford Limited's official dividend announcements?
Official dividend announcements for Sanford 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 Sanford Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Sanford Limited as of 22/05/2026:
Dividend Consistency
Sanford Limited has made 24 consecutive years of dividend payments based on our records, with a total of 47 payments tracked.
Dividend Growth Pattern
Over the tracked period, Sanford 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 | 1.78% |
| 5-Year Average Yield | 1.78% |
| Consumer Defensive 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:62.5%
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:1.60x
- 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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