In these uncertain times, one sector that has performed well is the consumer sector. In general, even if discretionary spending tends to decrease in such volatile times, spends on fast-moving and other consumer goods witness a steady rise. These companies are usually cash-rich, therefore, they have attractive payouts for their shareholders. Let’s look at some of these companies in the consumer space that pay good dividends to their shareholders.
Seeka Limited (NZX:SEK)
SEK, which is a fruit producing company, has been rewarding the shareholders with good dividend payouts. The Company declared a dividend of 22.000 cps for the whole year, and declared a final dividend of 12.000 cps. The dividend was recorded on 4 March 2021 and was paid on 30 March 2021. The company also shortly announced a DRP with a 2% discount.
On 4 June, the stock was trading at NZ$4.900, up by 1.08%, at the time of writing this copy.
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EBOS Limited (NZX:EBOS)
EBOS sells and distributes consumer and healthcare products. The Company has been recording a double-digit growth. It declared an interim dividend of 42.5 cps. The payment date for the dividend was 18 March 2021. The Company didn’t announce the DRP due to strong cash flows and balancesheet.
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On 4 June 2021, the stock was trading at NZ$33.200, down by 1.25%, at the time of writing this article.
PGG Wrightson Limited (NZX:PGW)
PGW is a full-service company, which supplies a whole range of agri products to its customers.
The Company declared an interim dividend of 12 cps to its shareholders, which was paid in March 2021.
The imputation value of the dividend stands at 0.466 cps. The Company has a history of paying attractive dividends and continued to pay dividends during the COVID-19 period.
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On 4 June 2021, the stock was trading at NZ$3.340, down by 0.30%, at the time of writing this copy.
Warehouse Group (NZX:WHS)
The leading retail group has six major brands attached to it and clocks more than NZ$3 billion per year. The Company declared a special dividend of 5cps. Due to the slump in retail sales, the company did not pay any dividend last year. It decided to resume paying dividends with a special dividend.
On 4 June, the stock was trading at NZ$3.340, down by 0.30%, at the time of writing this copy.
Michael Hill New Zealand Ltd. (NZX: MHJ)
MHJ is a specialist jewellery retailer. It operates across Australia and New Zealand. The Company declared a dividend of 1.5cps, which was to be fully imputed. The payment date for the dividend was 28 March 2021. MHJ declared that it plans to increase its dividend amount in the next half of FY21 if the COVID-19 situation improves.
On 4 June 2021, the stock was trading up by 2.27% at NZ$0.750 at the time of writing this article.