Air New Zealand Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   NZD per share 
 Price  1.35
 Dividend  0.26
 Earnings  0.28
 Cash-flow  0.90
 Book value  1.93
 Equity  1.90

Air New Zealand is part of Travel and Leisure business, which is part of Consumer Services industry. Air New Zealand is a company from New Zealand, and his stocks are publicly traded.

Air New Zealand paid a total dividend of 292 million NZD last year, for a market value of 1,516 millions (Market Cap 682 millions). Dividend per share of Air New Zealand is 0.26 NZD, and his stock market price 1.35 NZD.

According to the chart below, where dividend yield is displayed, Air New Zealand has a dividend yield of 19.24%, which is higher than the amount offered by both the market average and companies from New Zealand. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Air New Zealand dividend yield with other Travel and Leisure companies or firms from New Zealand.

Dividend yield of Air New Zealand

Air New Zealand Dividend Payout

About the ability of Air New Zealand to maintain his current dividend of NZD 0.26 per share, an amount that accounts for 19.24%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Air New Zealand payout on ernings is currently 92.86%, which is higher than the market average, and companies of Consumer Services industry, which are 41.09% and 36.47% respectively. Both figures show that Air New Zealand can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Air New Zealand is NZD 0.90 per share, which is higher than the dividend per share paid by the company of NZD 0.26, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Air New Zealand, compared againt world market average, New Zealand companies, Consumer Services industry and Travel and Leisure sector companies.

Air New Zealand payout

Air New Zealand Stock performance

Finally, last moth Air New Zealand showed a return of 58.20% compared to a worldwide 10.27% average, and a 11.33% of Consumer Services firms. Over the last year, the company obtained a -49.90% versus a worldwide performance of a -13.38%. More detailed information can be seen in the following graph for New Zealand and Travel and Leisure firms.

Air New Zealand stock and market return

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