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During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Asset Plus was 4.00% per year. The lowest was -27.00% per year. And the median was -0.45% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Asset Plus (NZSE:APL) Forward 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.
NZSE:APL vs VICI, WPC, BNL: Forward Dividend Yield % Comparison
For the REIT - Diversified subindustry, Asset Plus's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.
Asset Plus Forward Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Asset Plus's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Asset Plus's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Asset Plus Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NZD 0.002000
2026-06-02
2026-06-03
2026-06-11
Cash Dividend
quarterly
NZD:NZD 1.000000
NZD 0.002000
2026-02-25
2026-02-26
2026-03-06
Cash Dividend
quarterly
NZD:NZD 1.000000
NZD 0.002000
2025-11-26
2025-11-27
2025-12-05
Cash Dividend
quarterly
NZD:NZD 1.000000
NZD 0.002000
2025-08-12
2025-08-13
2025-08-22
Cash Dividend
quarterly
NZD: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.
Asset Plus's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.008
/
0.167
=
4.79 %
Current Share Price is NZ$0.167. Asset Plus's Dividends per Share for the forward twelve months is calculated as NZ$0.002 * 4 = NZ$0.008.
Asset Plus's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.008
/
0.167
=
4.79 %
Current Share Price is NZ$0.167. Asset Plus's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.008.
* 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.
What does a Forward Dividend Yield % of 4.71% mean?
Asset Plus (NZSE:APL) has a Forward Dividend Yield % of 4.71% as of Jul. 14, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Asset Plus and its competitors. According to the industry distribution chart, Asset Plus ranks #678 out of 859 companies in the REITs industry, placing it in the top 78.9%.
Is Asset Plus' Forward Dividend Yield % too high?
Asset Plus' current Forward Dividend Yield % is 4.71%. The REITs industry median Forward Dividend Yield % is 6.86. Asset Plus' value of 4.71% is 31.3% below this industry median. Based on the distribution chart, Asset Plus ranks #678 out of 859 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Asset Plus has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asset Plus' Forward Dividend Yield % compare to VICI and WPC?
According to the REITs industry distribution chart, Asset Plus ranks #678 out of 859 companies for Forward Dividend Yield %. This places Asset Plus in the lower half of its industry. The industry median Forward Dividend Yield % is 6.86. Asset Plus' value of 4.71% is 31.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a REITs company?
The median Forward Dividend Yield % among REITs companies is 6.86, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asset Plus's current Forward Dividend Yield % of 4.71% is 31.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Asset Plus and its competitors. For the REITs industry, the median Forward Dividend Yield % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asset Plus's current Forward Dividend Yield % is 4.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Plus stock overvalued right now?
Based on GuruFocus' analysis, Asset Plus (NZSE:APL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.23, compared to a current price of NZ$0.17 — trading 27.4% below its estimated fair value. The current Forward Dividend Yield % is 4.71% and 31.3% below the REITs industry median of 6.86. Asset Plus' overall GF Score™ is 43/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Asset Plus (NZSE:APL), the current Forward Dividend Yield % is 4.71% as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Asset Plus (NZSE:APL) Overvalued in 2026?
Based on GuruFocus' analysis, Asset Plus stock appears to be undervalued.
The current stock price of NZ$0.17 is trading 27.4% below its estimated GF Value™ of NZ$0.23.
GuruFocus considers Asset Plus to be Modestly Undervalued.
Key valuation signals for NZSE:APL:
Forward Dividend Yield %: 4.71%
GF Value™: NZ$0.23 vs. price of NZ$0.17 (27.4% below fair value)
Industry Position: 31.3% below the REITs median (#678 of 859)
No single metric tells the full story. See the NZSE:APL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asset Plus Ltd is a commercial property investment company. Its principal activities include investing in commercial property in New Zealand. The company's investment portfolio consists of office properties in New Zealand including the Munroe Lane property, and the 35 Graham Street property which is currently held for sale.
43GF Score
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