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Vector's dividends per share for the
six
months ended in Dec. 2025 was NZ$0.13. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$0.25. Its Dividend Payout Ratio for the
six
months ended in Dec. 2025 was 1.15. As of today, Vector's Dividend Yield % is 5.13%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vector Ltd is 1.68, which seems too high.
Good Sign:
Vector Ltd stock Dividend Yield % is close to 10-year high.
During the past 12 months, Vector's average Dividends Per Share Growth Rate was 12.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 6.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Vector was 14.20% per year. The lowest was 0.40% per year. And the median was 2.05% per year.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Vector (NZSE:VCT) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Vector's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Vector was 1.68. The lowest was 0.86. And the median was 1.42.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Vector Ltd is 1.68, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Vector Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NZD 0.125000
2026-03-18
2026-03-19
2026-03-31
Cash Dividend
semi-annually
NZD:NZD 1.000000
NZD 0.130000
2025-09-04
2025-09-05
2025-09-17
Cash Dividend
semi-annually
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.
Vector's Dividend Yield (%) for Today is calculated as
Current Share Price is NZ$5.00.
Vector's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$0.255.
During the past 13 years, the highest Dividend Yield of Vector was 5.80%. The lowest was 3.54%. And the median was 4.53%.
Good Sign:
Vector Ltd stock Dividend Yield % is close to 10-year high.
* 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.
Vector Dividends per Share Related Terms
Vector Dividends per Share Historical Data
* Premium members only.
The historical data trend for Vector's Dividends per Share 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.
NZSE:VCT vs SRE, AES: Dividends per Share Comparison
For the Utilities - Diversified subindustry, Vector'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.
Vector Dividend Yield % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Vector's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Vector's Dividend Yield % falls into.
Vector (NZSE:VCT) has a Dividends per Share of NZ$0.25 as of Dec. 2025. Dividends per share represents the per-share amount paid as dividends. View historical data on Vector and its competitors.
Is Vector's Dividends per Share too high?
Vector's current Dividends per Share is NZ$0.25. Overall, Vector has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vector's Dividends per Share compare to SRE and AES?
Vector's Dividends per Share of NZ$0.25 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividends per Share for an Utilities - Regulated company?
A good Dividends per Share depends on the Utilities - Regulated industry context. However, Dividends per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on Vector and its competitors. Vector's current Dividends per Share is NZ$0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vector stock overvalued right now?
Based on GuruFocus' analysis, Vector (NZSE:VCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$4.17, compared to a current price of NZ$5.00 — trading 19.9% above its estimated fair value. The current Dividends per Share is NZ$0.25. Vector's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For Vector (NZSE:VCT), the current Dividends per Share is NZ$0.25 as of Dec. 2025. 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 Vector (NZSE:VCT) Overvalued in 2026?
Based on GuruFocus' analysis, Vector stock appears to be overvalued.
The current stock price of NZ$5.00 is trading 19.9% above its estimated GF Value™ of NZ$4.17.
GuruFocus considers Vector to be Modestly Overvalued.
Key valuation signals for NZSE:VCT:
Dividends per Share: NZ$0.25
GF Value™: NZ$4.17 vs. price of NZ$5.00 (19.9% above fair value)
No single metric tells the full story. See the NZSE:VCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vector Ltd is a New Zealand infrastructure company. The company's operating segment includes Electricity Distribution; and Gas Distribution. It generates maximum revenue from the Electricity Distribution segment. The Auckland electricity distribution services segment includes Auckland electricity distribution services. Gas Trading includes Auckland Gas distribution services.
75GF Score
Get the complete analysis for NZSE:VCT
Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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