Why these 4 NZX dividend stocks can be looked at in January 2022

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Why these 4 NZX dividend stocks can be looked at in January 2022

 Why these 4 NZX dividend stocks can be looked at in January 2022
Image source: Shutterstock.com


  • Several NZ companies have their record dates on 27 January.
  • Companies have rewarded their shareholders with final and interim dividends.
  • Let’s look at some of these stocks and their movement on the NZX.

Dividends are a sustainable source of income for risk-averse investors.  Companies that are mature and well-established pay consistent dividends to their shareholders. Not only do large-cap companies with enough cash flows give dividends, but also some small caps reward their shareholders with dividends. Growth companies avoid giving dividends as they mobilise the profits for further growth of the Company.

Let’s look at dividend stocks with their ex-dividend dates on 27 January 2022.

                         Image source: © 2022 Kalkine Media New Zealand Ltd

Bankers Investment Trust PLC (NZX:BIT)

BIT announced a final dividend of 0.55cps. Its ex-dividend date is 27 January 2022, and the payment date is 28 February. BIT has a strong dividend-paying history. Last year, it rewarded the shareholders with three interim and one final dividend.

As on 21 January 2022, the unaudited net asset value per share was 117.3p.

Also Read: Why to consider 3 NZX financial stocks in 2022?

Read Also: How have 5 NZX financial stocks performed in 2021?
On 25 January 2022, the stock was trading down by 0.43% at NZ$2.29, at the time of writing.

The City of London Trust: (NZX:TCL)

The TCL Board announced a second interim dividend of 4.80cps for the year ending 30 June 2022. The ex-dividend date is 27 January 2022. The dividend will be paid on 28 February 2022. TCL’s unaudited net value per share was 412.1 cents.

On 25 January 2022, the stock was trading down by 1.73% at NZ$7.95, at the time of writing.

Seeka Limited (NZX:SEK)

SEK is a horticulture company that grows, processes and distributes quality products to the world market. SEK announced its final dividend for FY22 at 13 cps. The imputation value of the dividend is 5.056 cps. While the ex-dividend date is 27 January, it will be paid on 23 February. The Company has been consistently paying two dividends — interim and final to its shareholders. Last year, it paid a dividend of 13 cps and 12 cps, respectively.

Read Also: Which are 5 prominent NZX agriculture stocks to follow in 2022?
Also Read: Which are 4 popular NZX food stocks to consider in 2022?

On 25 January, the stock was trading up by 0.19% at NZ$ 5.27, at the time of writing this article.

Henderson Far East Income Limited (NZX:HFL) 

HFL is a London-based company that aims at the capital appreciation of its varied portfolio from Asia-Pacific companies. It also aims at increasing its annual dividend payout to its shareholders. It announced an interim dividend of 5.9 cps to be paid on 25 February. The ex-dividend date is 27 January. Last year, the company paid four interim dividends at repeated intervals.

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

On 25 January 2022, the stock was trading flat at 6.060, at the time of writing.

Bottom Line: Dividends can be a regular source of income for investors if they invest in companies that give consistent payouts.


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