Top 14 NZX Stocks by Dividend Yield


Kalkine’s dividend screener scans for top 14 NZX-listed Dividend Stocks in view of the below factors


(a) The stocks are deduced from the S&P/NZX 50 Index and are identified to be the NZX stocks with high dividend yields and decent fundamentals / financial performance over a period of time

(b) The list is an exemplary list and can include the following taking into account the associated criteria -

      i. Stocks with market capitalisation across the range of Blue-chip, Mid-cap and Small-cap (above $200 million) categories

     ii. Stocks with Annual Dividend yield over 3.5% (in general) with or without imputation

    iii. Stocks having an impact from share price downfall given the explicit screening from dividend perspective

    iv. Stocks with special forms of dividends declared by respective companies

Below is the list of TOP 14 NZX-LISTED DIVIDEND STOCKS with Yield over 3.5% 

Dividend Yield Scan for NZX Stocks (as at close of Apr 21, 2021)


S.No Company Name Code Stock Price(A$) Market Capitalization(A$) Gross Dividend Yield(%) Dividend Yield(%) Franking(%) PE(X)
1 Spark New Zealand Ltd SPK.NZ 4.42 8.25B 7.75 7.75 4.86 20.21
2 Genesis Energy Ltd GNE.NZ 3.43 3.58B 6.57 6.57 2.68 39.96
3 Contact Energy Ltd CEN.NZ 7.49 5.81B 6.18 6.18 3.5 37.45
4 Scales Corporation Ltd SCL.NZ 4.7 0.66B 5.61 5.62 3.69 31.72
5 Chorus Ltd CNU.NZ 6.53 2.92B 5.26 5.26 4.08 63.09
6 Trustpower Ltd TPW.NZ 8.65 2.71B 5.22 5.22 6.61 29.17
7 Heartland Group Holdings Ltd HGH.NZ 1.83 1.07B 4.91 4.91 1.56 14.03
8 Argosy Property Ltd ARG.NZ 1.52 1.28B 4.62 4.62 0.14 28.77
9 Vector Ltd VCT.NZ 4.13 4.13B 4.5 4.5 0.97 35.08
10 Investore Property Ltd IPL.NZ 2.13 0.78B 4.15 4.15 0.31 6.34
11 Precinct Properties New Zealand Ltd PCT.NZ 1.66 2.18B 4.14 4.15 0 14.33
12 NZX Ltd NZX.NZ 2.06 0.57B 4.11 4.11 1.21 32.47
13 Meridian Energy Ltd MEL.NZ 5.62 14.4B 3.92 3.92 1.91 69.51
14 Skellerup Holdings Ltd SKL.NZ 4.35 0.84B 3.81 3.81 1.26 23.47

Previous Dividend Yields


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