Synlait Milk Limited (SML.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$0.43
Dividend Yield
0%
Annual yield
Market Cap
259M
Total value
P/E Ratio
-6.93
Price to earnings
Dividend Information
Annual Rate
Per share annually
Last Dividend
Unknown
Unknown
Ex-Dividend
Unknown
Next ex-date
Payout Ratio
Unknown
Of earnings
Years Paying
N/A
Consecutive
5Y Avg Yield
Unknown
Historical avg
Stock Analysis Summary
01-04-2026
Synlait Milk Limited (SML.NZ), listed on the New Zealand Exchange, does not currently pay dividends to its shareholders. Historically, Synlait has focused on reinvesting its earnings back into the business to support expansion and innovation, which is a common strategy among growth-oriented companies. This approach allows Synlait to enhance its production capabilities and explore new market opportunities, potentially leading to increased long-term value for shareholders. For investors primarily seeking regular income through dividends, Synlait may not be the ideal choice. However, it could appeal to those with a long-term investment horizon who are interested in capital growth. The company's strategy of reinvestment suggests a focus on increasing its market share and profitability over time, which could result in capital appreciation for shareholders. While dividend payments are not part of Synlait's current strategy, its growth potential may still attract investors looking for exposure to the dairy sector's evolving landscape.
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Dividend Growth History
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Valuation Metrics
Financial Health
Synlait Milk Limited Dividend History
SML dividend payment dates, amounts, and ex-dividend history
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Investment Analysis: Synlait Milk Limited
Dividend Payment Analysis
Synlait Milk Limited (SML.NZ) operates in the Consumer Defensive sector and offers investors a low dividend yield of 0.00% based on current market prices. For New Zealand income investors, this translates to approximately $0.0000per share annually.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. Synlait Milk Limitedcurrently maintains a payout ratio of not available, which is considered strong coverage.
Dividend Yield Context
A 0.00% 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. Synlait Milk Limited 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, Synlait Milk 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 Synlait Milk Limited's current dividend yield?
Synlait Milk Limited (SML.NZ) currently has a dividend yield of 0.00% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.000) by the current share price ($0.43).
When does Synlait Milk Limited pay dividends?
Based on historical data, Synlait Milk Limited typically pays dividends semi-annually. Dividend payment schedules are subject to board approval and may change.
Does Synlait Milk Limited offer imputation credits?
Synlait Milk 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.
Where can I find Synlait Milk Limited's official dividend announcements?
Official dividend announcements for Synlait Milk 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 Synlait Milk Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Synlait Milk Limited as of 22/05/2026:
Yield Context
| Metric | Value |
|---|---|
| Current Yield | 0.00% |
| 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: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.
Related Consumer Defensive Stocks
Compare dividend yields across Consumer Defensive sector companies
Investors interested in Consumer Defensive 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.
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