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Top High Dividend New Zealand Stocks by richard gere





Article Author Biography
Top High Dividend New Zealand Stocks by
Article Posted: 10/28/2013
Article Views: 318
Articles Written: 78
Word Count: 455
Article Votes: 0
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Top High Dividend New Zealand Stocks


 
Business,Finance & Investment
The political environment of New Zealand is stable with a government committed to economic growth. The country is geographically and politically safe and stable. Making investment in High dividend paying stock New Zealand is a secure option. From the tax perspective, the country is free from indirect taxes like stamp duty and capital gains tax. By investing in best high yield dividend New Zealand investors can get many advantages such as

The country has no capital gains tax, no land tax, and no death duty. It gives high capital growth, favorable exchange rate. The stock prices are also low with high capital growth. Look at these New Zealand stocks with dividends which can make your portfolio more attractive. Livestock Improvement Corporation Ltd. (LIC) provides the services of herd testing, herd recording, artificial breeding and other services. Its activities are divided into four segments such as Herd Testing, Farm Automation, Farm Software and Genetics. Its current market cap is 212.61 Million and paying a 9.03% dividend yield.

Smiths City Group Limited (SCY) is considered as one of the best High dividend paying stock New Zealand which has 5.56% dividend yield and a market cap of 33.20 Million. Its operations are divided into three segments such as Retail, Property and Consumer Finance. Furthermore the company offers installation and after sales services to retail activities, all through Smiths City (Southern) Limited.

Precinct Properties New Zealand Ltd (PCT) is a New Zealand-based company which has a market capitalization of 997.07 Million. The company is currently paying a dividend yield of 5.12%. It is a good New Zealand socks with dividends which can provide a safe income to the investors.

Augusta Capital Ltd (AUG) is involved in the commercial and industrial property investment. It has two operating segments which include funds management and cleaning. The company has a market capitalization of 64.21 Million and a current dividend yield of 5.06%. On March 2011 it had 100% interest in the shareholding in Metroclean Limited which is a cleaning services company.

The National Property Trust (NPT) is the best high yield dividend New Zealand stock which is offering a dividend yield of 5.32% at the present time. The company’s market capitalization is 97.96 Million. In the month of September 2013 it declared the unconditional purchase of two East Christchurch properties. On 25 September, 2013 it developed Roskill Center.

The Bottom Line

New Zealand is a tax friendly jurisdiction for foreign investors with a 0% tax on growth in foreign goods for foreign investors. These New Zealand stocks with dividends give you safe and a steady income but you should always check the dividend history and other important things before selecting any stock.

Tags: New Zealand dividend New Zealand dividends

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