Property For IndustryNZSE:PFI 81 Dividend Yield % is 3.96% as of Jun. 27, 2026, which is 11% above its 10-year median of 3.58. GuruFocus rates NZSE:PFI with a GF Score™ of 81/100 and a GF Value™ of NZ$2.33 (Fairly Valued). The stock has 8 warning signs investors should review. Among 877 REITs companies, Property For Industry ranks worse than 83.81% on this metric.
As of today (2026-06-27), the Trailing Annual Dividend Yield of Property For Industry is 3.96%.
Good Sign:
Property For Industry Ltd stock Dividend Yield % is close to 5-year high.
The historical rank and industry rank for Property For Industry's Dividend Yield % or its related term are showing as below:
NZSE:PFI'
s Dividend Yield % Range Over the Past 10 Years
Min: 2.5 Med: 3.58 Max: 4.8
Current: 3.96
During the past 13 years, the highest Dividend Yield of Property For Industry was 4.80%. The lowest was 2.50%. And the median was 3.58%.
NZSE:PFI's Dividend Yield % is ranked worse than 83.81% of 877
companies
in the REITs industry
Industry Median: 6.79
vs NZSE:PFI: 3.96
During the past 12 months, Property For Industry's average Dividends Per Share Growth Rate was 109.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 2.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Property For Industry was 31.40% per year. The lowest was -4.60% per year. And the median was 1.40% 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.
Property For Industry (NZSE:PFI) 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.
Property For Industry Dividend Yield % Related Terms
Property For Industry Dividend Yield % Historical Data
* Premium members only.
The historical data trend for Property For Industry'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:PFI vs PLD, PSA, EXR: Dividend Yield % Comparison
For the REIT - Industrial subindustry, Property For Industry'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.
Property For Industry Dividend Yield % vs REITs Industry
For the REITs industry and Real Estate sector, Property For Industry's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Property For Industry's Dividend Yield % falls into.
Property For Industry Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Property For Industry Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
NZD 0.022000
2026-05-18
2026-05-19
2026-05-28
Cash Dividend
quarterly
NZD:NZD 1.000000
NZD 0.026951
2026-03-02
2026-03-03
2026-03-12
Cash Dividend
quarterly
NZD:NZD 1.000000
NZD 0.022000
2025-11-28
2025-12-01
2025-12-10
Cash Dividend
quarterly
NZD:NZD 1.000000
NZD 0.025000
2025-08-29
2025-09-01
2025-09-10
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.
Property For Industry's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
Property For Industry (NZSE:PFI) has a Dividend Yield % of 3.96% as of Jun. 27, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Property For Industry and its competitors. This is 11% above median its historical median of 3.58. Over the past decade, Property For Industry's Dividend Yield % has ranged from 2.50 to 4.80. According to the industry distribution chart, Property For Industry ranks #735 out of 877 companies in the REITs industry, placing it in the top 83.8%.
Is Property For Industry's Dividend Yield % too high?
Property For Industry's current Dividend Yield % of 3.96% is 11% above median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 4.80. The REITs industry median Dividend Yield % is 6.79. Property For Industry's value of 3.96% is 41.7% below this industry median. Based on the distribution chart, Property For Industry ranks #735 out of 877 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Property For Industry has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Property For Industry's Dividend Yield % compare to PLD and PSA?
According to the REITs industry distribution chart, Property For Industry ranks #735 out of 877 companies for Dividend Yield %. This places Property For Industry in the lower half of its industry. The industry median Dividend Yield % is 6.79. Property For Industry's value of 3.96% is 41.7% below this benchmark. Historically, Property For Industry's own Dividend Yield % has ranged from 2.50 to 4.80 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 6.79, Property For Industry has consistently been below 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 REITs company?
The median Dividend Yield % among REITs companies is 6.79, based on 877 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. Property For Industry's current Dividend Yield % of 3.96% is 41.7% 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 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 Property For Industry and its competitors. For the REITs industry, the median Dividend Yield % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Property For Industry's current Dividend Yield % is 3.96%, which is 11% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Property For Industry stock overvalued right now?
Based on GuruFocus' analysis, Property For Industry (NZSE:PFI) is currently considered Fairly Valued. The stock's GF Value™ is NZ$2.33, compared to a current price of NZ$2.42 — trading 3.9% above its estimated fair value. The current Dividend Yield % is 3.96%, which is 11% above median its 10-year median of 3.58 and 41.7% below the REITs industry median of 6.79. Property For Industry's overall GF Score™ is 81/100 with 8 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 Property For Industry (NZSE:PFI), the current Dividend Yield % is 3.96% as of Jun. 27, 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 Property For Industry (NZSE:PFI) Overvalued in 2026?
Based on GuruFocus' analysis, Property For Industry stock appears to be overvalued.
The current stock price of NZ$2.42 is trading 3.9% above its estimated GF Value™ of NZ$2.33.
GuruFocus considers Property For Industry to be Fairly Valued.
Key valuation signals for NZSE:PFI:
Dividend Yield %: 3.96% (11% above median its 10-year median of 3.58)
GF Value™: NZ$2.33 vs. price of NZ$2.42 (3.9% above fair value)
Industry Position: 41.7% below the REITs median (#735 of 877)
No single metric tells the full story. See the NZSE:PFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. Its investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft, among others. Rental and management fee income represents nearly all of its operating revenue.
81GF Score
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