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
