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NZ Stocks: Performing Well From Five Years

Jul. 10, 2013 12:47 AM ETSCT, MCK, MHI, SAN
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New Zealand is an exciting and active place where everyone can choose their own life style which they enjoy. The country is at the first position on the list of best business countries. Its economy is closely tied to Australia's and both help better than most during the global financial crisis. Here are five New Zealand dividend stocks to buy which will help you to make a good dividend portfolio.

Scott Technology Limited (NZE: SCT)

Scott Technology Limited is a New Zealand-based company. It is engaged in the design, manufacture, sales, and servicing of automated production line and processes for a variety of industries in New Zealand and overseas. Its subsidiaries include Scott System international Incorporated, Scott Service International Incorporation and Scott Automation Limited. On October 30, 2012 the Company acquired QTM Machinery Technology Co Limited which is engaged in general engineering.

The company has a market capitalization of 88.30 Million, EPS is 0.17, P/E ratio is 13.08 and the dividend yield is 3.69% at the annual dividend payout of 0.03.

Millennium & Copthorne Hotels New (NZE: MCK)

It is engaged in the ownership and operation of hotels in New Zealand, residential development and sale of New Zealand; development and sale of residential units in Australia, and associate investment in residential and commercial property development in China. It has three operating segments: Hotel operations, Residential land development and Residential and commercial property development. Millennium Hotels and Resorts comprise three distinct brands: Millennium Hotels, Copthorne Hotels and Kingsgate Hotels and Resorts.

The company has a market capitalization of 251.47 Million, EPS is 0.10, P/E ratio is 6.99 and the dividend yield is 1.67% at the annual dividend payout of 0.01.

Michael Hill International Limited (NZE: MHI)

It is engaged in the sale of jewellery and related services. The company owns the brand Michael Hill and operates a retail jewellery chain of 252 stores in Australia, New Zealand, Canada and the United States as at June 30, 2012. On 20 June 2012 it had 53 stores in New Zealand, 153 in Australia, 37 in Canada and nine stores in Chicago, United States of America.

It has a market capitalization of 509.19 Million, EPS is 0.10, P/E ratio is 13.46 and the dividend yield is 4.51% at the annual dividend payout of 0.03.

Sanford Limited (NZE: SAN)

It is a New Zealand-based company which is engaged in harvesting, farming, processing, storage and marketing of quality seafood products and investments in related activities. The company has two operating segments: New Zealand Seafood and Australia Seafood. Its subsidiaries include Sanford Investments Limited, Auckland Fish Market Limited, Auckland Seafood Festival Limited, The Big Picture Auckland Limited, Sanford Australia Pty Limited and Ocean Fresh Fisheries Pty Limited.

It has a market capitalization of 440.05 Million, EPS is 0.22, P/E ratio is 21.11 and the dividend yield is 4.89% at the annual dividend payout of 0.09.

Livestock Improvement Corporation Ltd. (NZE: LIC)

It is engaged in supplying artificial breeding, herd testing, herd recording and other services. The company operates in four segments: Genetics, Herd Testing, Farm Software and Farm Automation which includes the provision of dairy automated technologies. The company's subsidiaries include Livestock Improvement Corporation Ltd, Livestock Improvement Corporation (UK) Ltd, Livestock Improvement Pty Ltd, LIC Deer Ltd, LIC Ireland Ltd, FarmKeeper Pty Ltd, Overland Corner Holding Pty Ltd and LIC USA Ltd.

It has a market capitalization of 200.95 Million, EPS is 0.90, P/E ratio is 6.47 and the dividend yield is 6.75%.

The visitors of New Zealand Dividend Investor can see other information related to the stocks such as Best dividend paying stocks in New Zealand, Best dividend stocks in New Zealand, High dividend paying stock new Zealand, New Zealand stocks high dividend, New Zealand dividend stocks to buy, Best high yield dividend new Zealand

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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