New Zealand is a small country and but has the largest companies that are traded on its stock exchange, the NZX would not be considered large in countries like US or UK. There are many companies in New Zealand that would be considered to be microcap stock in the United States. Investors should invest in New Zealand dividend stocks because it has no capital gains tax. It means that investors do not need to pay any tax when they sell their investment in New Zealand for a profit. In New Zealand, shares can bought or sold over the internet for a fee of around NZ$30. The liquidity is much lower than in most stock markets. Here I am sharing some of the Best dividend stocks in New Zealand.
Fletcher Building (NZE: FBU) -