Precinct Properties New Zealand Limited

NZSE:PCT Stock Report

Mkt Cap: NZ$2.0b

Precinct Properties New Zealand Dividend

What is Precinct Properties New Zealand current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.36%

Current Dividend Yield

Dividend Yield vs Market

Precinct Properties New Zealand Dividend Yield vs Market
How does PCT dividend yield compare to the market?
SegmentDividend Yield
Company (PCT)5.4%
Market Bottom 25% (NZ)2.9%
Market Top 25% (NZ)6.1%
Industry Average (REITs)4.4%
Analyst forecast in 3 Years (PCT)5.4%

Notable Dividend: PCT's dividend (5.36%) is higher than the bottom 25% of dividend payers in the NZ market (2.87%).

High Dividend: PCT's dividend (5.36%) is low compared to the top 25% of dividend payers in the NZ market (6.08%).


Stability and Growth of Payments

How stable has Precinct Properties New Zealand's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
6/30/20250.0694
6/30/20240.0684
6/30/20230.0674
2/8/20230.0675.36
8/19/20220.0675.26
5/18/20220.0674.85
2/24/20220.0674.44
11/3/20210.0674.19
8/13/20210.0653.89
5/15/20210.0654.01
2/25/20210.0653.96
8/13/20200.0633.69
8/12/20200.0633.76
2/20/20200.0633.8
11/19/20190.0633.42
8/16/20190.063.27
2/19/20190.063.65
10/31/20180.064.12
8/16/20180.0584.06
5/2/20180.0584.35
2/28/20180.0584.57
8/17/20170.0564.3
5/7/20170.0564.54
2/16/20170.0564.66
11/16/20160.0564.62
8/18/20160.0544.25
2/17/20160.0544.28
11/17/20150.0544.38
8/19/20150.0544.59
7/15/20150.0544.74
2/25/20150.0544.68
8/13/20140.0544.72
2/18/20140.0545.14
8/20/20130.0515.13
2/19/20130.0514.87
8/15/20120.055.06

Stable Dividend: PCT's dividends per share have been stable in the past 10 years.

Growing Dividend: PCT's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (96.5%), PCT's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (120.9%), PCT's dividend payments are not well covered by cash flows.


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