Precinct Properties NZ Ltd & Precinct Properties Investments Ltd

NZSE:PCT Stock Report

Market Cap: NZ$1.9b

Precinct Properties NZ & Precinct Properties Investments Dividends and Buybacks

Dividend criteria checks 3/6

Precinct Properties NZ & Precinct Properties Investments is a dividend paying company with a current yield of 4.91% that is well covered by earnings.

Key information

4.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield5.7%
Dividend Growth0.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNZ$0.0599
Payout ratio93%

Recent dividend and buyback updates

Recent updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Precinct Properties New Zealand Limited's (NZSE:PCT) CEO For Now

Oct 28
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Precinct Properties New Zealand Limited's (NZSE:PCT) CEO For Now

A Quick Analysis On Precinct Properties New Zealand's (NZSE:PCT) CEO Salary

Mar 02
A Quick Analysis On Precinct Properties New Zealand's (NZSE:PCT) CEO Salary

How Much Are Precinct Properties New Zealand Limited (NZSE:PCT) Insiders Taking Off The Table?

Feb 09
How Much Are Precinct Properties New Zealand Limited (NZSE:PCT) Insiders Taking Off The Table?

Precinct Properties New Zealand (NZSE:PCT) Has Compensated Shareholders With A Respectable 69% Return On Their Investment

Jan 18
Precinct Properties New Zealand (NZSE:PCT) Has Compensated Shareholders With A Respectable 69% Return On Their Investment

What You Need To Know About Precinct Properties New Zealand Limited's (NZSE:PCT) Investor Composition

Dec 28
What You Need To Know About Precinct Properties New Zealand Limited's (NZSE:PCT) Investor Composition

Are Precinct Properties New Zealand Limited's (NZSE:PCT) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?

Dec 07
Are Precinct Properties New Zealand Limited's (NZSE:PCT) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PCT's dividend payments have been volatile in the past 10 years.

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


Dividend Yield vs Market

Precinct Properties NZ & Precinct Properties Investments Dividend Yield vs Market
How does PCT dividend yield compare to the market?
SegmentDividend Yield
Company (PCT)4.9%
Market Bottom 25% (NZ)3.5%
Market Top 25% (NZ)6.3%
Industry Average (Office REITs)7.3%
Analyst forecast (PCT) (up to 3 years)5.7%

Notable Dividend: PCT's dividend (4.91%) is higher than the bottom 25% of dividend payers in the NZ market (3.52%).

High Dividend: PCT's dividend (4.91%) is low compared to the top 25% of dividend payers in the NZ market (6.35%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (93.4%), PCT's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (119.4%), PCT's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:59
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Precinct Properties NZ Ltd & Precinct Properties Investments Ltd is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Owen BatchelorCredit Suisse
Joshua DaleDeutsche Bank
Rohan Koreman-SmitForsyth Barr Group Ltd.