Kiwi Property Group Dividend yield

Kiwi Property Group is part of Real Estate Investment Trusts business, which is part of Financials industry. Kiwi Property Group is a company from New Zealand, and his stocks are publicly traded.

Kiwi Property Group stock dividend

Kiwi Property Group paid a total dividend of 94 million NZD last year, for a market value of 1,398 millions (Market Cap 1,390 millions). Kiwi Property Group dividend per share is 0.06 NZD, and his stock market price 0.89 NZD.

According to the chart below, where dividend yield is displayed, Kiwi Property Group has a dividend yield of 7.02%, which is higher than the amount offered by both the market average and companies from New Zealand. It is also bigger than average of Financials 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 Kiwi Property Group stocks dividend with other Real Estate Investment Trusts companies or other of the highest New Zealand dividend stocks list.

Kiwi Property Group Dividend Payout

About the ability of Kiwi Property Group to maintain his current dividend of NZD 0.06 per share, an amount that accounts for 7.02%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Kiwi Property Group payout on ernings is currently -40.00%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Kiwi Property Groupcan maintain his current dividend.

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 Kiwi Property Group is NZD 0.07 per share, which is higher than the dividend per share paid by the company of NZD 0.06, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Kiwi Property Group, compared againt world market average, New Zealand companies, Financials industry and Real Estate Investment Trusts sector companies.

Kiwi Property Group Dividend History

Below you will find a table with the historical evolution of Kiwi Property Group's dividend stock, both in percentage and in NZD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	NZD	Paypout	Shares*
Present	7.02%	0.06	-40.00%	1,571
2022	6.88%	0.06	42.86%	1,570
2021	5.25%	0.06	46.15%	1,569
2020	5.30%	0.06	-50.00%	1,569
2019	5.71%	0.09	100.00%	1,558
2018	5.69%	0.08	88.89%	1,421
2017	5.23%	0.07	70.00%	1,418
2016	5.27%	0.08	42.11%	1,286
2015	4.75%	0.07	77.78%	1,265

*In millions

Then you can see the evolution of Kiwi Property Group dividend stock, and compare it with the average of New Zealand stocks and that of the Real Estate Investment Trusts stocks.

Kiwi Property Group Stock performance

Finally, last moth Kiwi Property Group showed a return of -6.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -13.20% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for New Zealand and Real Estate Investment Trusts firms.