5 NZX stocks with a healthy dividend yield

• November 20, 2020 10:17 PM NZDT
• Team Kalkine Media

On 19 November, Heartland Group Holdings Limited (NZX:HGH) advised that it is reassessing the valuation of its equity investment in Harmoney Corp Limited (ASX:HMY). On 20 November, Heartland Group last traded flat at NZ$1.39. Heartland owns 8,518...

• November 20, 2020 06:23 PM NZDT
• Team Kalkine Media

Summary Ryman Healthcare's half-year profit surged by about 13% to $212.4 million amid higher property valuations, but its underlying earnings got hit by coronavirus. COVID-19 increased costs and restricted sales and construction activity in ke...

• November 19, 2020 04:17 PM NZDT
• Team Kalkine Media

Summary BNZ has planned to shut down 38 branches over the next 7 months despite a pledge taken in June 2019 to not shut any of its branches until at least 2022. COVID-19 accelerated digital usage with about 75% of customers digitally active and...

• November 19, 2020 03:41 PM NZDT
• Team Kalkine Media

Bitcoin is grabbing eyeballs again. The currency continues to climb and is closing in on the levels not seen since it reached its highest ever mark three years ago. Bitcoin is just 12% shy of its previous all-time high of USD 19,891.0, last seen o...

• November 18, 2020 05:52 PM NZDT
• Team Kalkine Media

AFT Pharmaceuticals Limited (NZX:AFT) is expanding its reach abroad with new distribution agreements for its Maxigesic intravenous pain relief and Maxigesic tablets. One of the Company’s flagship products, Maxigesic tablets that combine...

• November 18, 2020 03:45 PM NZDT
• Team Kalkine Media

Summary In its Annual Meeting presentation, The a2 Milk Company mentioned that FY20 was a great year for the Company as it delivered revenue and NPAT of $1.73 billion and $385.8 million respectively, up by 32.8% and 34.1% on pcp. The a2 Milk Co...

• November 17, 2020 04:45 PM NZDT
• Team Kalkine Media

Summary Vital Healthcare Property Trust recorded a total return of 12.7% for one-year period to 30 September 2020. VHP outperformed the S&P/NZX All Real Estate Index by 17.1% over the same period. Despite the ongoing COVID-19, Vital Health...

• November 16, 2020 06:24 PM NZDT
• Team Kalkine Media

Summary 3 top executives of the SkyCity Group would soon exit the Company including CEO, Graeme Stephens, who will be replaced by the Company’s COO Michael Ahearne. SkyCity witnessed a challenging year due to fire at NZ International Conv...

• November 13, 2020 10:00 PM NZDT
• Team Kalkine Media

Summary Shares of Kiwi Property Group have surged by 30% in the past 3 months and closed at $1.3 on 13 November, down by 1.14% from the previous close. Recently, Kiwi Property Group provided valuation, also, its independent valuation update inc...

• November 13, 2020 04:23 PM NZDT
• Team Kalkine Media

Asset Management Companies, also known as AMCs, are companies that invests the funds collected from the investors in different securities with the aim of best possible returns. The performance of an AMC is closely related to the sectors in which it h...