Seeking Alpha

richardgere12's  Instablog

richardgere12
Send Message
DividendInvestor.com provides our members with the essential proprietary dividend stock mining tools to screen High dividend yield stocks, monthly dividend stocks, ex dividend date, dividend history and many more stock dividend screening criteria. Join now so you can start to identify your own... More
My company:
Dividend investor
My blog:
DividendInvestor
  • Five Income Stocks From New Zealand 0 comments
    May 23, 2013 12:57 AM | about stocks: STU, GMT, NZR

    New Zealand welcomes investors and offers an attractive, open business environment. The country's transparent regulations make investing a straight ward process while the broad-based, low-rate tax regime supports long- term investors.

    Take a look on these following Best high yield dividend New Zealand stocks for 2013.

    Vital Healthcare Property Trust (NZE: VHP) -

    Vital Healthcare Property Trust is a unit trust. Its principal activity is the investment in health sector related properties. The trust subsidiaries include Vital Healthcare Property Limited, Colma Services Limited, Vital Healthcare Australian Property Trust and Vital Healthcare Investment Trust. On January 16, 2012, Northwest Value Partners Inc. acquired all the shares in the Manager from its previous owner, Medical Properties Holding Company No. 1 Limited.

    It has a market capitalization of 432.78 Million, EPS is 0.06, P/E ratio is 23.03 and the dividend yield is 5.38% at the annual dividend payout of 0.02.

    Steel & Tube Holdings Limited (NZE: STU) -

    Steel & Tube Holdings Limited is a New Zealand-based company which is engaged in the distribution, processing and fabrication of steel and allied products. Its operations include steel and industrial, manufacturing, piping, fastenings, roofing, reinforcing, hurricane and stainless. The company operates an extensive network of 16 steel service centers nationwide. Its steel distribution network offers over 23,000 line items, including flat and round bar, structural steel sections, rectangular and square hollow sections, durgal hollow sections and profiles, fitting and valves and viticulture trellising system. In October 2012, Arrium Ltd sold its 50.3% interest in the Company.

    The company has a market capitalization of 227.26 Million, EPS is 0.16, P/E ratio is 16.14 and the dividend yield is 5.06% at the annual dividend payout of 0.06.

    Goodman Property Trust (NZE: GMT) -

    Goodman Property Trust is engaged in property business. The trust invests in industrial and business space property in New Zealand. As of March 31, 2012 the trust's investment properties and development properties include Highbrook Business Park, The Gate Industry Park, Central Park Corporate Centre, Highbrook business Park, Wetney Industry park etc. in September 2012, I sold 120 Pavilion Drive in mangere and in November 2012, it sold Downer EDI facility.

    It has a market capitalization of 1.38 Billion, EPS is 0.07, P/E ratio is 15.85 and the dividend yield is 5.46% at the annual dividend payout of 0.02.

    Ebos Group Limited (NZE: EBO) -

    Ebos Group Limited is a New Zealand-based company. The company operates in three segments: Healthcare segment is engaged in the sale of healthcare products in a range of sectors, own brands retail healthcare and wholesale activities. The Scientific segment is engaged in the sale of laboratory consumables, life sciences equipment and technical support to industry and research laboratories and Animal care segment is engaged in the sale of animal care products in a range of sectors, own brands, retail and wholesale activities.

    The company has a market capitalization of 520.55 Million, EPS is 0.61, P/E ratio is 16.45 and the dividend yield is 3.80% at the annual dividend payout of 0.17.

    The New Zealand Refining Company Limited (NZE: NZR) -

    The New Zealand Refining Company Limited operates oil refinery at Marsden point near Whangare. It is a supplier of refined petroleum products. The company operates in two segments: Oil Refining and Distribution. The subsidiary of the Company is Independent Petroleum Laboratory Limited.

    It has a market capitalization of 621.60 Million, EPS is 0.12, P/E ratio is 19.05 and the dividend yield is 3.15% at the annual dividend payout of 0.05.

    Conclusion -

    New Zealand has a consistent political environment where overseas investors are treated on the same basis as domestic investors. Investment in New Zealand dividends is a division of New Zealand Trades & Enterprise.

    For more information related to Best dividend paying stocks in New Zealand, Best dividend stocks in New Zealand, New Zealand dividend please visit the site http://nz.dividendinvestor.com/

Back To richardgere12's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.