Top 10 NZX Stocks by Dividend Yield


Kalkine’s dividend screener scans for top 10 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 10 NZX-LISTED DIVIDEND STOCKS with Yield over 3.5% 

Dividend Yield Scan for NZX Stocks (as at close of May 16, 2022)


S.No Company Name Code Stock Price(NZ$) Market Capitalization(NZ$) Gross Dividend Yield(%) Dividend Yield(%) Franking(%) PE(X)
1 Warehouse Group Ltd WHS.NZ 3.43 1.19B 11.3 11.27 3.89 10.39
2 Genesis Energy Ltd GNE.NZ 2.67 2.80B 8.6 8.59 2.71 42.53
3 Australia and New Zealand Banking Group Ltd ANZ.NZ 28.28 79.02B 8.1 6.12 9 10.85
4 Heartland Group Holdings Ltd HGH.NZ 2.23 1.32B 7.8 7.75 2.14 14.53
5 Fletcher Building Ltd FBU.NZ 6.01 4.71B 7.3 7.31 7 13.6
6 Spark New Zealand Ltd SPK.NZ 4.81 9.00B 7.1 7.09 4.86 22.01
7 Kiwi Property Group Ltd KPG.NZ 1 1.56B 7 7.03 0.75 5.44
8 Manawa Energy Ltd MNW.NZ 7.03 2.20B 6.8 7.09 6.61 19.5
9 NZX Ltd NZX.NZ 1.28 0.40B 6.5 6.57 1.21 24.02
10 Investore Property Ltd IPL.NZ 1.54 0.57B 6 6.02 0.34 4.34

Previous Dividend Yields


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