MainfreightNZSE:MFT -0.80%91 Dividend Yield % is 3.42% as of Jun. 26, 2026, which is 114% above its 10-year median of 1.60. GuruFocus rates NZSE:MFT with a GF Score™ of 91/100 and a GF Value™ of NZ$70.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 666 Transportation companies, Mainfreight ranks better than 55.26% on this metric.
As of today (2026-06-26), the Trailing Annual Dividend Yield of Mainfreight is 3.42%.
Good Sign:
Mainfreight Ltd stock Dividend Yield % is close to 10-year high.
The historical rank and industry rank for Mainfreight's Dividend Yield % or its related term are showing as below:
NZSE:MFT'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.67 Med: 1.6 Max: 3.68
Current: 3.42
During the past 13 years, the highest Dividend Yield of Mainfreight was 3.68%. The lowest was 0.67%. And the median was 1.60%.
NZSE:MFT's Dividend Yield % is ranked better than 55.26% of 666
companies
in the Transportation industry
Industry Median: 3.055
vs NZSE:MFT: 3.42
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Mainfreight Ltd is 0.83, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Mainfreight was 0.83. The lowest was 0.28. And the median was 0.39.
During the past 12 months, Mainfreight's average Dividends Per Share Growth Rate was 19.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.20% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 23.80% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 22.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Mainfreight was 74.20% per year. The lowest was -7.50% per year. And the median was 13.30% 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.
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.
The historical data trend for Mainfreight'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.
NZSE:MFT vs FDX, UPS, JBHT: Dividend Yield % Comparison
For the Integrated Freight & Logistics subindustry, Mainfreight'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.
Mainfreight Dividend Yield % vs Transportation Industry
For the Transportation industry and Industrials sector, Mainfreight's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Mainfreight's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Mainfreight Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NZD 0.850000
2025-12-11
2025-12-12
2025-12-19
Cash Dividend
semi-annually
NZD:NZD 1.000000
NZD 1.208300
2025-07-10
2025-07-11
2025-07-18
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.
Mainfreight's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
2.0583
/
59.62
=
3.45 %
Current Share Price is NZ$59.62. Mainfreight's Dividends per Share for the trailing twelve months (TTM) ended in Today is NZ$2.0583.
Mainfreight's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.7
/
59.62
=
2.85 %
Current Share Price is NZ$59.62. Mainfreight's Dividends per Share for the forward twelve months is calculated as NZ$0.85 * 2 = NZ$1.7.
* 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.
Mainfreight (NZSE:MFT) has a Dividend Yield % of 3.42% as of Jun. 26, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Mainfreight and its competitors. This is 114% above median its historical median of 1.60. Over the past decade, Mainfreight's Dividend Yield % has ranged from 0.67 to 3.68. According to the industry distribution chart, Mainfreight ranks #298 out of 666 companies in the Transportation industry, placing it in the top 44.7%.
Is Mainfreight's Dividend Yield % too high?
Mainfreight's current Dividend Yield % of 3.42% is 114% above median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 3.68. The Transportation industry median Dividend Yield % is 3.06. Mainfreight's value of 3.42% is 11.9% above this industry median. Based on the distribution chart, Mainfreight ranks #298 out of 666 companies in the Transportation industry, which is above the industry midpoint. Overall, Mainfreight has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mainfreight's Dividend Yield % compare to FDX and UPS?
According to the Transportation industry distribution chart, Mainfreight ranks #298 out of 666 companies for Dividend Yield %. This puts Mainfreight in the upper half of its industry. The industry median Dividend Yield % is 3.06. Mainfreight's value of 3.42% is 11.9% above this benchmark. Historically, Mainfreight's own Dividend Yield % has ranged from 0.67 to 3.68 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 3.06, Mainfreight has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Transportation company?
The median Dividend Yield % among Transportation companies is 3.06, based on 666 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mainfreight's current Dividend Yield % of 3.42% is 11.9% above 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 Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Mainfreight and its competitors. For the Transportation industry, the median Dividend Yield % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mainfreight's current Dividend Yield % is 3.42%, which is 114% above median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mainfreight stock overvalued right now?
Based on GuruFocus' analysis, Mainfreight (NZSE:MFT) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$70.80, compared to a current price of NZ$59.62 — trading 15.8% below its estimated fair value. The current Dividend Yield % is 3.42%, which is 114% above median its 10-year median of 1.60 and 11.9% above the Transportation industry median of 3.06. Mainfreight's overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Mainfreight (NZSE:MFT), the current Dividend Yield % is 3.42% as of Jun. 26, 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 Mainfreight (NZSE:MFT) Overvalued in 2026?
Based on GuruFocus' analysis, Mainfreight stock appears to be undervalued.
The current stock price of NZ$59.62 is trading 15.8% below its estimated GF Value™ of NZ$70.80.
GuruFocus considers Mainfreight to be Modestly Undervalued.
Key valuation signals for NZSE:MFT:
Dividend Yield %: 3.42% (114% above median its 10-year median of 1.60)
GF Value™: NZ$70.80 vs. price of NZ$59.62 (15.8% below fair value)
Industry Position: 11.9% above the Transportation median (#298 of 666)
No single metric tells the full story. See the NZSE:MFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mainfreight Ltd is in the supply chain logistics business. It provides the full spectrum of warehousing, Transport, and international air and ocean freight services. Geographically, it operates businesses in New Zealand, Australia, Europe, The Americas, Asia, and others.
91GF Score
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Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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