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Vital Healthcare Property Trust

Vital Healthcare Property Trust (VHP.NZ) Stock Price & Analysis

NZX

NZX Share Price, Dividends & Financials

Real Estate
Website

Price

$1.81

Dividend Yield

5.54%

Annual yield

Market Cap

1B

Total value

P/E Ratio

-16.1

Price to earnings

Dividend Information

Annual Rate

0.1

Per share annually

Last Dividend

0.02

19/05/2026

Ex-Dividend

20/05/2026

Next ex-date

Payout Ratio

-60.94

Of earnings

Years Paying

20

Consecutive

5Y Avg Yield

3.93

Historical avg

Stock Analysis Summary

01-04-2026

Vital Healthcare Property Trust (VHP.NZ) is a New Zealand-listed real estate investment trust (REIT) that focuses on healthcare properties. As of the latest data, VHP offers a dividend yield of approximately 3.5%, with a 5-year range typically between 3% and 4.5%. The trust pays dividends quarterly, demonstrating a stable payout history that appeals to income-focused investors. With a payout ratio around 70%, VHP's dividends are considered sustainable, balancing income distribution with reinvestment needs. Recently, VHP has maintained consistent dividend payments, reflecting its steady cash flow from healthcare property leases. Compared to sector averages, VHP's yield is competitive, aligning well with retiree-friendly investment strategies seeking reliable income. For income investors in New Zealand, VHP's focus on healthcare properties provides a unique blend of stability and growth potential. Is Vital Healthcare Property Trust a smart choice for income-focused NZ investors seeking a reliable yield in the healthcare real estate sector?

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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

133 payments tracked
+25.8% total growth
Latest Dividend
$0.024
Ex-date: 5/20/2026
Recent Change
+0.0%
vs previous payment

Valuation Metrics

Forward P/E17.07
EPS-0.12
Revenue Per Share0.262

Financial Health

Current RatioN/A
Quick RatioN/A
Cash Per Share0.017

Vital Healthcare Property Trust Dividend History

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

Ex Dividend DatePayable DateDividend AmountAmount ChangeAdjusted PriceClose Price
20/05/202605/06/20260.0244N/A
25/02/202612/03/20260.0244-4.92%1.981.98
12/11/202525/11/20250.0256-5.91%2.182.18
03/09/202518/09/20250.027211.78%2.012.01
04/06/202519/06/20250.027211.76%
05/03/202520/03/20250.0244N/A1.821.82
27/11/202412/12/20240.0244N/A1.871.87
04/09/2024N/A0.0244N/A1.982.01
05/06/2024N/A0.0244N/A1.841.89
06/03/2024N/A0.0244N/A1.992.07
29/11/2023N/A0.0244N/A1.932.03
06/09/2023N/A0.0244N/A2.052.18
07/06/2023N/A0.0244N/A2.142.3
08/03/2023N/A0.0244N/A2.182.37
30/11/2022N/A0.0244N/A2.112.32
07/09/2022N/A0.0244N/A2.372.63
08/06/2022N/A0.02443.22%2.522.83
09/03/2022N/A0.0236N/A2.863.23
01/12/2021N/A0.0236-0.57%2.492.83
30/11/202116/12/20210.02386.16%2.482.85
08/09/2021N/A0.0224-0.57%2.783.19
07/09/202123/09/20210.02250.58%2.653.04
09/06/2021N/A0.0224-0.57%2.633.04
08/06/202124/06/20210.02253.45%2.663.08
10/03/2021N/A0.0218-0.57%2.522.93
09/03/202125/03/20210.02190.57%2.482.89
02/12/2020N/A0.0218-0.57%2.512.95
01/12/202017/12/20200.02190.57%2.773.26
09/09/2020N/A0.0218-0.57%2.543
08/09/202024/09/20200.02190.57%2.52.95
10/06/2020N/A0.0218-0.57%2.182.6
09/06/202025/06/20200.02190.57%2.082.48
11/03/2020N/A0.0218-0.57%2.312.77
10/03/202026/03/20200.02190.57%1.942.33
04/12/2019N/A0.0218-0.57%2.182.64
03/12/201919/12/20190.02190.55%2.322.8
11/09/2019N/A0.0218-0.57%2.22.68
10/09/201926/09/20190.02190.57%2.222.7
05/06/2019N/A0.0218-0.57%1.872.31
04/06/201920/06/20190.02190.60%1.992.45
14/03/2019N/A0.0218-0.57%1.712.13
13/03/201929/03/20190.02190.57%1.732.15
28/11/2018N/A0.0218-0.57%1.662.09
27/11/201813/12/20180.02190.57%1.682.11
05/09/2018N/A0.0218-0.57%1.632.07
04/09/201820/09/20180.02193.53%1.662.1
06/06/2018N/A0.0211-0.57%1.592.03
05/06/201821/06/20180.02130.57%1.562
14/03/2018N/A0.0211-0.57%1.632.11
13/03/201829/03/20180.02130.57%1.62.07
01/12/2017N/A0.0211-0.57%1.662.17
30/11/201718/12/20170.02130.57%1.662.19
06/09/2017N/A0.0211-0.57%1.682.22
05/09/201721/09/20170.02130.57%1.682.21
07/06/2017N/A0.0211-0.57%1.662.21
06/06/201722/06/20170.02130.57%1.692.25
08/03/2017N/A0.0211-0.57%1.532.05
07/03/201723/03/20170.02130.57%1.522.04
02/12/2016N/A0.0211-0.57%1.461.98
01/12/2016N/A0.02130.57%1.482.01
08/09/2016N/A0.0211-0.57%1.652.27
07/09/2016N/A0.02131.46%1.622.23
09/06/2016N/A0.0209-0.57%1.622.25
08/06/2016N/A0.02115.54%1.62.22
09/03/2016N/A0.02-0.57%1.442.02
08/03/2016N/A0.02010.58%1.442.01
02/12/2015N/A0.02-0.57%1.311.85
01/12/2015N/A0.02011.83%1.31.84
08/09/2015N/A0.0197-0.57%1.161.66
07/09/2015N/A0.01980.57%1.181.69
02/06/2015N/A0.0197-0.57%1.121.62
01/06/2015N/A0.01980.57%1.121.62
10/03/2015N/A0.0197-0.57%1.121.65
09/03/2015N/A0.01980.57%1.161.7
02/12/2014N/A0.0197-0.57%11.48
01/12/2014N/A0.01981.84%1.041.55
09/09/2014N/A0.0195-0.57%0.961.44
08/09/2014N/A0.01960.57%0.941.4
10/06/2014N/A0.0195-0.57%0.871.32
09/06/2014N/A0.01960.57%0.871.33
28/02/2014N/A0.0195-0.57%0.841.29
27/02/2014N/A0.01960.57%0.841.29
02/12/2013N/A0.0195-0.57%0.81.25
01/12/2013N/A0.0196-6.53%0.81.26
09/09/2013N/A0.0209-0.57%0.841.35
08/09/2013N/A0.021111.79%0.841.34
10/06/2013N/A0.0188-0.57%0.831.35
09/06/2013N/A0.0191686.05%0.841.35
12/03/2013N/A0.0011-94.37%0.781.28
11/03/2013N/A0.0188N/A0.811.33
29/11/2012N/A0.01884153.27%0.751.23
05/09/2012N/A0.0004-0.67%0.721.19
04/09/2012N/A0.0004-97.63%0.731.22
30/05/2012N/A0.0188-0.57%0.691.15
29/05/2012N/A0.0190.57%0.691.15
06/03/2012N/A0.0188-0.57%0.681.15
05/03/2012N/A0.0190.57%0.691.18
28/11/2011N/A0.01882895.55%0.661.14
27/11/2011N/A0.0006-96.83%0.661.14
07/09/2011N/A0.0198-0.57%0.611.08
06/09/2011N/A0.01990.58%0.641.12
30/05/2011N/A0.0198-0.57%0.641.15
29/05/2011N/A0.01990.58%0.641.15
04/03/2011N/A0.0198-0.57%0.571.04
03/03/2011N/A0.01992818.59%0.581.05
04/11/2010N/A0.0007-96.55%0.621.15
03/11/2010N/A0.01982.33%0.571.05
01/09/2010N/A0.0194-6.97%0.611.13
31/08/2010N/A0.02087.49%0.611.13
02/06/2010N/A0.0194-0.57%0.571.07
01/06/2010N/A0.01950.57%0.591.1
03/03/2010N/A0.0194-0.57%0.561.07
02/03/2010N/A0.01950.57%0.581.09
09/12/2009N/A0.0194-0.57%0.551.07
08/12/2009N/A0.01950.57%0.571.09
02/09/2009N/A0.0194-0.57%0.541.07
01/09/2009N/A0.01950.57%0.541.07
03/06/2009N/A0.0194-0.57%0.541.1
02/06/2009N/A0.01950.57%0.551.1
25/02/2009N/A0.0194-0.57%0.511.05
24/02/2009N/A0.01950.57%0.511.03
25/11/2008N/A0.0194-0.57%0.460.97
24/11/2008N/A0.0195-3.29%0.460.95
26/08/2008N/A0.0201-0.57%0.460.99
25/08/2008N/A0.02023.86%0.470.99
28/05/2008N/A0.0195-0.57%0.51.1
27/05/2008N/A0.01962.49%0.51.07
29/02/2008N/A0.0191-0.57%0.461.02
28/02/2008N/A0.01923.03%0.471.02
26/11/2007N/A0.0187-0.57%0.481.09
25/11/2007N/A0.0188-2.75%0.51.12
14/09/2007N/A0.0193-0.57%0.51.15
13/09/2007N/A0.0194N/A0.471.07

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Investment Analysis: Vital Healthcare Property Trust

Dividend Payment Analysis

Vital Healthcare Property Trust (VHP.NZ) operates in the Real Estate sector and offers investors a high dividend yield of 5.54% based on current market prices. For New Zealand income investors, this translates to approximately $0.1000per 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. Vital Healthcare Property Trustcurrently maintains a payout ratio of not available, which is considered strong coverage.

Dividend Yield Context

A 5.54% 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. Vital Healthcare Property Trust 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, Vital Healthcare Property Trust 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 Vital Healthcare Property Trust's current dividend yield?

Vital Healthcare Property Trust (VHP.NZ) currently has a dividend yield of 5.54% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.100) by the current share price ($1.81).

When does Vital Healthcare Property Trust pay dividends?

Based on historical data, Vital Healthcare Property Trust typically pays dividends semi-annually. The most recent ex-dividend date was 20/05/2026with a payment of $0.0244 per share. The payment date was 5/06/2026. Dividend payment schedules are subject to board approval and may change.

Does Vital Healthcare Property Trust offer imputation credits?

Vital Healthcare Property Trust 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 Vital Healthcare Property Trust been paying dividends?

Our database shows Vital Healthcare Property Trust has 67 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 Vital Healthcare Property Trust's official dividend announcements?

Official dividend announcements for Vital Healthcare Property Trust 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 Vital Healthcare Property Trust

Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Vital Healthcare Property Trust as of 22/05/2026:

Dividend Consistency

Vital Healthcare Property Trust has made 67 consecutive years of dividend payments based on our records, with a total of 133 payments tracked.

Dividend Growth Pattern

Over the tracked period, Vital Healthcare Property Trust'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 Yield5.54%
5-Year Average Yield5.54%
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: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 Real Estate Stocks

Compare dividend yields across Real Estate sector companies

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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

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd logo

PCT.NZ

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd

Div. Yield

6.65%

Price

$1.04

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

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.