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CDL Investments New Zealand (NZSE:CDI) Dividend Yield % : 5.15% (As of May. 26, 2024)


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What is CDL Investments New Zealand Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of CDL Investments New Zealand is 5.15%.

Good Sign:

CDL Investments New Zealand Ltd stock dividend yield is close to 5-year high.

The historical rank and industry rank for CDL Investments New Zealand's Dividend Yield % or its related term are showing as below:

NZSE:CDI' s Dividend Yield % Range Over the Past 10 Years
Min: 2.47   Med: 4.49   Max: 7.1
Current: 5.15

During the past 13 years, the highest Dividend Yield of CDL Investments New Zealand was 7.10%. The lowest was 2.47%. And the median was 4.49%.

NZSE:CDI's Dividend Yield % is ranked better than
70.32% of 886 companies
in the Real Estate industry
Industry Median: 3.375 vs NZSE:CDI: 5.15

CDL Investments New Zealand's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of CDL Investments New Zealand Ltd is 0.76, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of CDL Investments New Zealand was 0.76. The lowest was 0.22. And the median was 0.32.

As of today (2024-05-26), the Forward Dividend Yield % of CDL Investments New Zealand is 5.15%.

CDL Investments New Zealand's Dividends per Share for the six months ended in Dec. 2023 was NZ$0.00.

During the past 10 years, the average Dividends Per Share Growth Rate was 7.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of CDL Investments New Zealand was 18.60% per year. The lowest was -85.90% per year. And the median was 10.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


CDL Investments New Zealand Dividend Yield % Historical Data

The historical data trend for CDL Investments New Zealand's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CDL Investments New Zealand Dividend Yield % Chart

CDL Investments New Zealand Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.76 3.33 3.18 4.61 4.27

CDL Investments New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.18 4.22 4.61 4.79 4.27

Competitive Comparison of CDL Investments New Zealand's Dividend Yield %

For the Real Estate - Development subindustry, CDL Investments New Zealand's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CDL Investments New Zealand's Dividend Yield % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CDL Investments New Zealand's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where CDL Investments New Zealand's Dividend Yield % falls into.



CDL Investments New Zealand Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

CDL Investments New Zealand Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NZD 0.0350002024-05-022024-05-032024-05-17Cash DividendannuallyNZD:NZD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

CDL Investments New Zealand's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.035/0.68
=5.15 %

Current Share Price is NZ$0.68.
CDL Investments New Zealand's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.035.

CDL Investments New Zealand's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.035/0.68
=5.15 %

Current Share Price is NZ$0.68.
CDL Investments New Zealand's Dividends per Share for the forward twelve months is calculated as NZ$0.035 * 1 = NZ$0.035.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CDL Investments New Zealand  (NZSE:CDI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


CDL Investments New Zealand Dividend Yield % Related Terms

Thank you for viewing the detailed overview of CDL Investments New Zealand's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


CDL Investments New Zealand (NZSE:CDI) Business Description

Traded in Other Exchanges
N/A
Address
Level 7, 23 Customs Street East, P O Box 3248, Shortland Street, Auckland, NZL, 1140
CDL Investments New Zealand Ltd is engaged in land-based investment and development. The principal activity of the company is the development and sale of residential land properties. The operating segments of the Group consist of property operations, comprising the development and sale of residential land sections and rental income from development properties and investment properties. The company's subdivisions include Magellan Heights, Northwood, Washbourn Terraces, and Stonebrook.

CDL Investments New Zealand (NZSE:CDI) Headlines