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Showing posts with label New Zealand. Show all posts
Showing posts with label New Zealand. Show all posts

Well Priced New Zealand Dividend Stock

The New Zealand is a very straightforward place to do business. The country has an efficient, market-oriented economy, a stable and secure business environment with zero corruption. It is a sophisticated, highly technologically aware nation and has one of the highest investments in information technology as a proportion of GDP in the world. Investors who want to invest in Best high yield dividend New Zealand should focus on SKYCITY Entertainment Group Limited which will make profit for them.

SKYCITY Entertainment Group Limited
It is a New Zealand-based company which is engaged in the gaming/entertainment, hotel and convention, hospitality, recreation, and tourism sectors. The company has a number of segments which include SKYCITY Auckland, Rest of New Zealand, SKYCITY Adelaide, SKYCITY Darwin and International business. Its core business is to own and operating casinos in Australasia. The company’s shares are listed on the Australia and New Zealand Stock Exchanges. It operates monopoly casinos in New Zealand and Australia, alongside a variety of industry-leading restaurants and bars, luxury hotels and convention centers.

The company has a strong and enviable collection of assets, which include some of the most significant urban monopoly casino licenses in New Zealand and Australia. Its international business segment is made up of customers sourced mainly from Asia, and worldwide. Its aim is to provide the best possible gaming and entertainment experiences for customers, and deliver healthy long-term returns to its shareholders.

History
On February 2, 1996 when operating its original Auckland casino, Skycity has expanded its operations to several cities in New Zealand and Australia. In June 2000, the company bought the Adelaide Casino and added another casino to its portfolio, when it opened Skycity Queenstown in the alpine resort of Queenstown. In July 2004, the company bought the Darwin Casino and Hotel from MGM Mirage and rebranded it as Skycity Darwin. In June 2004, it acquired a 40.5% holding in the Christchurch Casino when it bought Aspinal Limited.

In July 2011 High-end International VIP ‘Horizon Suites’ and gaming salons open as part of $30 million development on top of SKYCITY Hotel. In 2009 SKYCITY Auckland voted ‘Australasia’s leading Casino Resort at the 16th Annual World Travel Awards. 

Code of business practice
The company’s code of business practice includes following characteristics:

·         Honesty and fairness
·         Human rights
·         Health and Safety
·         Privacy and confidentiality
·         Competition
·         Promotion and advertising Problem gambling
·         Compliance with laws
·         Service of alcohol

Announcements
On 5 July 2013, SKYCITY signed the final agreement with the New Zealand Government to fund, develop, operate and own the NZICC. The enabling legislation is expected to pass into law by the end of this calendar year. The agreement is subjected to a number of conditions, including the passing of the legislation giving effect to the regulatory concessions in the agreement.

On August 14, 2013, the company announced Normalized Net profit after Tax of $136.3 million, broadly in-line with analyst consensus, and Reported NPAT of $127.3 million for the year ended of 30 June 2013.

Dividend History
The company has a market capitalization of 2.19 Billion, EPS is 0.22, P/E ratio is 17.72 and the dividend yield is 5.24% at the annual dividend payout of 0.10.


Find more data related to New Zealand dividend stocks to buy, from the site Dividendinvestor.

Make A Wise Investment With New Zealand Stocks

The New Zealand is a very straightforward place to do business. It has an efficient, market oriented economy, a stable and secure business environment with zero corruption. 

Investing in New Zealand offers unique opportunities of leverage dynamic ideas and creative intellect in specialized high value industries such as Information and communication Technology, Biotechnology, Screen production, Niche manufacturing, Wood processing and Call centers. Below are some New Zealand dividend stocks which have a good yield and can play a safe investment for the investors.

Methven Limited (NZE: MVN) –
Methven Limited is New Zealand’s longest established, largest supplier and leading designer of showerheads, faucets and hot water valves to home renovators, plumber and the building industry. The company designs, manufactures and supplies shower ware, tap ware and water control valves. Its shower skincare includes the four-step process, aromatherapy, NZ Botanicals, Water Purity, Skin Cleansing, Skin Conditioning and Skin Nourishing. Its kitchen and laundry products include sink, mixer, sink faucets, sink taps and washing machine taps.

The company has a market capitalization of 82.59 Million, EPS is 0.08, P/E ratio is 14.80 and the dividend yield is 7.26% at the annual dividend payout of 0.05.

The Colonial Motor Company Limited (NZE: CMO) –
The Colonial Motor Company Limited is a New Zealand company. It is engaged in operating franchised motor vehicle dealerships. It operates in New Zealand. The company owns motor vehicle dealerships. As of June 30, 2011 it had 12 dealerships whose primary focus is Ford, seven of these dealerships also had the Mazda franchise. Its subsidiaries include Southpac Stevens Motors Ltd, Capital City Motors Ltd, M.S Motors Ltd, Hutchinson Motors, Ltd, Avon City Motors Ltd, Avon City Motorcycles Ltd, Timaru Motors Ltd, Southland Tractors Ltd, Advance Agricentre Ltd, Dunedin City Motors Ltd and Macaulay Motors Ltd.

It has a market capitalization of 119.34 Million, EPS is 0.50, P/E ratio is 7.36 and the dividend yield is 6.85% at the annual dividend payout of 0.09.

Contact Energy Limited (NZE: CEN) –
Contact Energy Limited is a New Zealand electricity generator, natural gas wholesaler and electricity, natural gas, and LPG retailer. It is the second largest electricity generator in New Zealand which is generating 22% of electricity in the year ending 31 December 2011. The company has the second-largest market share of electricity retailers. The company’s power stations consist of three gas turbine facilities, in Auckland, Hamilton and Taranaki; four geothermal stations north of Taupo; two hydroelectric dams on the Clutha River, a gas fired peaker in Taranaki and a diesel fired peaker in Hawkes Bay.

It has a market capitalization of 3.73 Billion, EPS is 0.29, P/E ratio is 17.32 and the dividend yield is 4.52% at the annual dividend payout of 0.11.

Opus International Consultants Ltd (NZE: OIC) –
Opus international Consultants Limited is a supplier of multidisciplinary consultancy and project management services across a range of disciplines including civil, mechanical and electrical engineering and planning, environmental, architectural and property management. It has four business segments: New Zealand, United Kingdom, Australia and Canada. On February 29, 2012, it acquired 100% interest of the Australian based rail engineering consultancy, Coffey Rail Pty Ltd and its related company, Asia Pacific Rail Pty Ltd.

It has a market capitalization of 256.84 Million, EPS is 0.16, P/E ratio is 10.77 and the dividend yield is 5.09% at the annual dividend payout of 0.05.

Comvita Limited (NZE: CVT) –
Comvita Limited is a New Zealand-based company which is engaged in the manufacturing and marketing natural health and beauty products. The company operates in five segments: New Zealand, Australia, Asia, Europe and Medical. Its Subsidiaries include Comvita New Zealand Limited, Comvita Taiwan Limited, Comvita landowner Share Scheme Trustee Limited, Kiwi Extracts Limited, Kiwi Bee Medical Limited and Jonno Development Limited.
It has a market capitalization of 105.33 Million, EPS is 0.28, P/E ratio is 13.27 and the dividend yield is 3.78% at the annual dividend payout of 0.09.


To get additional data related to New Zealand dividend please visit the site Dividendinvestor.com