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Five New Zealand Stocks With High Yield

Investing in New Zealand dividend stocks provides a large number of benefits to the investors and can help them to achieve their goals. By investing in New Zealand stock market they can get high income which they can reinvest or save for their future.

Here are five Best high yield dividend New Zealand stocks, which can help investors to make money.

Nuplex Industries Limited (NZE: NPX) -

Nuplex Industries Limited is a manufacturer of polymer resins. It has its operations in 11 counties on four continents and its products are sold in over 80 countries. it also distributes raw materials to the chemicals, plastics, general industrial, food and pharmaceutical sectors in Australia and New Zealand. It has two business segments: Resins, which manufactures synthetic resins, and distributes complementary functional materials and second is Specialties which manufacture and distribute functional materials.

It has a market capitalization of 626.08 Billion, EPS is 0.24, P/E ratio is 13.08 and the dividend yield is 6.65% at the annual dividend payout of 0.10.

Hallenstein Glassons Holdings Limited (NZE: HLG) -

Hallenstein Glasson Holdings Limited is a holding company. Through its subsidiaries the company is a retailer of men's and women's clothing in New Zealand and Australia. It was formed in 1985 on the merger of Hallensteins- an iconic menswear retailer first established in 1873, and Glasson-a fast fashion retailer founded in the early 1900's. The company operates in five segments: Hallenstein Bros Limited (New Zealand), Glassons Limited (New Zealand), Glassons Australia Limited (Australia), Storm (New Zealand) and Hallenstein Properties Limited (New Zealand).

It has a market capitalization of 330.91 Million, EPS is 0.37, P/E ratio is 14.94 and the dividend yield is 6.25% at the annual dividend payout of 0.16.

PGG Wrightson Limited (NZE: PGW) -

It is an agricultural supply business that is based in New Zealand. The company is one of the major suppliers to the agricultural sector in New Zealand which is providing products such as seeds, grains, livestock, and irrigation, farm equipment, insurance and financing. It operates in two segments: AgriServices and AgriTech. On May 9, 2011, the company purchased the business of Southedge Seeds in Australia. On August 31, 2011, it sold PGG Wrightson Finance Limited.

The company has a market capitalization of 286.84 Million, EPS is 0.03, P/E ratio is 10.87 and the dividend yield is 5.79% at the annual dividend payout of 0.02.

TrustPower Limited (NZE: TPW) -

TrustPower Limited is a New Zealand electricity generation and electricity retailing company which is listed on the New Zealand Stock Exchange. The company is engaged in the development, ownership and operation of electricity generation facilities from renewable energy sources. It is New Zealand's fifth largest electricity generator and the fourth largest electricity retailer that is serving 260,000 customers throughout New Zealand. The company operates in two segments: Development, and retail sale of electricity to customers.

It has a market capitalization of 2.38 Billion, EPS is 0.42, P/E ratio is 17.99 and the dividend yield is 5.27% at the annual dividend payout of 0.20.

Freightways Ltd. (NZE: FRE) -

Freightways Ltd is a leading provider of express package services throughout New Zealand with business servicing the information management and business mail sectors. The company delivers approximately 200.000 items each business day and approximately 50 million items each year. It operates in three segments: Express package & business mail, Information management and Corporate and other which consists of corporate, financing and property management services.

The company has a market capitalization of 689.19 Million, EPS is 0.25, P/E ratio is 17.67 and the dividend yield is 4.13% at the annual dividend payout of 0.09.

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