SEK, HFL: Which 2 NZX dividend stocks can be followed in February 2022?

Highlights

• Dividend stocks provide regular returns to risk-averse investors.
• Seeka to pay 13.0 cps as a final dividend this month on account of improved earnings and outstanding customer service.
• Henderson Far East Income will pay an interim dividend in February-end.

Investors all over the world are glued to dividend stocks for they ensure giving steady returns even during turbulent market periods, thereby reducing the investors’ overall portfolio risk and volatility.

Moreover, income thus received can further be re-invested by buying stocks, thus enhancing one's investment portfolio.

That said, let us quickly take a peek at the two NZX-listed dividend stocks that can be considered this month.

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Seeka Limited (NZX:SEK)

Seeka Limited is famous for operating and selling produce from its orchards and packhouses. It will reward its shareholders by paying a final dividend of 13.0 cps on 23 February.

Related Read: Which are 4 popular NZX food stocks to consider in 2022?

Underpinned by improved earnings and outstanding customer service, Seeka posted 77% growth in its NPAT amounting to NZ$30.8 million for H1FY21 and expects the full-year NPBT for the year ended 31 December 2021 to be in the upper end of the range between NZ$22.0 million to NZ$24.0 million.

On 8 February, at the closing bell, Seeka traded flat at NZ$5.140.

Henderson Far East Income Limited (NZX:HFL)

Operating in the financial sector, Henderson Far East Income Limited on 25 February will distribute an interim dividend of 5.90 pence per share, which is its first interim dividend for the full year ending 31 August 2022.

It is pointed out that owing to a successful roll-out of CoVID-19 vaccine shots and having a diverse portfolio of investments across the APAC region, HFL's portfolio holdings have performed better amid the ongoing pandemic, and hence, the Company is optimistic about generating enhanced earnings in the future.

Also Read: Why Are These 6 NZX Dividend Stocks Ideal For Retirement?

On 8 February, at the closing bell, Henderson Far East Income dipped by 2.13% at NZ$5.970.

Bottom Line

Dividend declaration indicates the strong financial footing of a company, thereby enticing existing investors to stick around as well as helping in attracting potential investors.