Air New Zealand (STU:BZU) Dividend Payout Ratio : 3.67 (As of Jun. 2024)

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What is Air New Zealand Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Air New Zealand's Dividend Payout Ratio for the months ended in Jun. 2024 was 3.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Air New Zealand Ltd is 0.80, which seems too high.

The historical rank and industry rank for Air New Zealand's Dividend Payout Ratio or its related term are showing as below:

STU:BZU' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.53 Max: 0.93
Current: 0.79

During the past 13 years, the highest Dividend Payout Ratio of Air New Zealand was 0.93. The lowest was 0.42. And the median was 0.53.

STU:BZU's Dividend Payout Ratio is ranked worse than
74.42% of 563 companies
in the Transportation industry
Industry Median: 0.38 vs STU:BZU: 0.79

As of today (2024-12-11), the Dividend Yield % of Air New Zealand is 6.45%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Air New Zealand was 25.62%. The lowest was 3.17%. And the median was 6.70%.

Air New Zealand's Dividends per Share for the months ended in Jun. 2024 was €0.01.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Air New Zealand was 43.80% per year. The lowest was -18.30% per year. And the median was 10.50% per year.

The growth rate is calculated with least square regression.

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.

Air New Zealand Dividend Payout Ratio Historical Data

The historical data trend for Air New Zealand's Dividend Payout Ratio 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.

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Air New Zealand Dividend Payout Ratio Chart

Air New Zealand Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

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0.44

Air New Zealand Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	-	3.67

Competitive Comparison of Air New Zealand's Dividend Payout Ratio

For the Airlines subindustry, Air New Zealand's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Air New Zealand's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air New Zealand's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Air New Zealand's Dividend Payout Ratio falls into.

Air New Zealand Dividend Payout Ratio Calculation

Air New Zealand's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	0.011	/	0.025
	=	0.44

Air New Zealand's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.011	/	0.003
	=	3.67

Air New Zealand (STU:BZU) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Air New Zealand Dividend Payout Ratio Related Terms

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Air New Zealand Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air New Zealand Ltd (STU:BZU) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

ANZLY:USA ANZFF:USA AIR:New Zealand BZU:Germany AIZ:Australia

Address

185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010

Website

https://www.airnewzealand.co.nz

Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.