- Dividends are payouts given by companies to reward their shareholders.
- Fisher and Paykel announced its final dividend of 22cps recently.
- Canterbury floods have had a financial impact on Tower Limited.
Offering dividends to the shareholders is one way of maintaining a definite flow of income for them. An important aspect of the investment portfolio, investors are always seeking stocks that give out good dividend yields in order to increase their income. Let’s see how these below-mentioned stocks have done in terms of recent dividends.
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Barramundi Limited (NZX:BRM)
Offering extensive coverage into the Australian market, this Company is known for its investment verticals. With the ex-dividend date of 9 June 2021, the Company has declared a dividend of 1.630 with imputation value of 0.013. In its latest announcement, the reinvestment plan for dividends has been laid out for the people who want to invest it further rather than withdrawing it. The payable date is 25 June 2021.
Fisher and Paykel Healthcare Corporation (NZX:FPH)
Creators of critical medical equipment, it works with individual as well as industrial clients. With the ex-dividend date of 24 June 2021, the Company has offered a final dividend of 22.00c with an imputation value of 8.556c, payable on July 7, 2021. Previously, It has distributed dividends at appropriate intervals.
Tower Limited (NZX:TWR)
This company offers a diverse portfolio of investment-based functions in the NZ market. With the ex-dividend date of 29 June 21, it has ordered an interim dividend of 2.500c, which is payable by July 14, 2021. In the latest update, the Company announced about the financial impact being made due to the floods in Canterbury.
On June 17, Tower Limited traded at NZ$0.765, up by 0.66%, at the time of writing.
Kiwi Property Group (NZX:KPG)
This is an NZX-listed real estate business. In terms of dividend, with the ex-dividend date of 8 June 21, the Company has offered a final dividend of 2.950c with imputation rate of 0.505c. The payable date for the same is June 24, 2021. The Company has a solid history of dividend distribution.