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The only New Zealand ADR listed on the NYSE is Telecom New Zealand (NZT). Currently NZT pays a dividend yield of 8.66%. For US investors, there is no country-specific ETF or other funds for investing there. New Zealand stocks generally have excellent yields and the country was not impacted adversely by the credit crisis. The average dividend yield of NZX 50 index is about 5%. In mid-2008 it averaged about 8%. The banking system is sound and there are many high quality companies that reward long-term investors handsomely.

Many NZ companies recently listed their stocks on the OTC markets. Since these stocks are new to the US markets, they are very thinly traded. The following is the complete list of all New Zealand ADRs traded on the OTC markets either in the sponsored or unsponsored category:

Air New Zealand ANZFF.PK

Travel & Leisure

Auckland International Airport ACKDF.PK

Travel & Leisure

Cavalier CVLRY.PK

Construct. & Materials

Contact Energy COENF.PK

Electricity

Fisher & Paykel Appliances FPAHF.PK

House Goods & Home Const.

Fisher & Paykel Healthcare FSPKF.PK

Health Care Equip. & Ser.

Fletcher Building FRCEY.PK

Construct. & Materials

Freightways FTWYY.PK

Support Services

GuocoLeisure GUORY.PK

Travel & Leisure

Hallenstein Glasson HLSTY.PK

General Retailers

Hellaby HLYHY.PK

Financial Services

Mainfreight MFGHY.PK

Industrial Transport.

Methven MTHVY.PK

House Goods & Home Const.

Michael Hill International MXRHY.PK

General Retailers

New Zealand Oil and Gas NZEOY.PK

Oil & Gas Producers

Nuplex Industries NPXIY.PK

Construct. & Materials

NZ Farming Systems Uruguay NZFSY.PK

Food Producers

PGG Wrightson PGWFY.PK

Financial Services

Port of Tauranga PTAUY.PK

Industrial Transport.

Property for Industry PYIYY.PK

Real Estate Inv. Trust

Pumpkin Patch PUPKY.PK

General Retailers

Rakon RAKNY.PK

Mobile Telecom.

Sanford SARDY.PK

Food Producers

Skellerup Holdings SKLUY.PK

Construct. & Materials

Sky City Entertainment Group SKYZY.PK

Media

Sky Network Television SKKTY.PK

Media

The New Zealand Refining NZRFY.PK

Oil & Gas Producers

Windflow Technology WFLWY.PK

Industrial Engineering


Some of the above stocks are part of NZX 50 Index, the main stock market index for the country. For more details on this index, go here.