New Zealand Rural Land Company Limited Share Price and Company Fundamentals



Price
$1.08
Change
-0.010 (-0.917%)
52 week
1.02 - 1.22

Last traded: Today at 12:20 AM

New Zealand Rural Land Company Limited focuses on investing and acquiring rural land across the New Zealand agricultural sector. It owns the land and provide a platform for farmers and food producers. The company was incorporated in 2020 and is based in Auckland, New Zealand.

Key Metrics

PE ratio

2.30

PB ratio

0.60

Dividend yield

3.30%

Beta

0.06

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Real Estate Services / Real Estate
Website https://nzrlc.co.nz
Mailing address 12 St Marks Road Level 4 Remuera Auckland 1050 New Zealand
Phone / Fax 64 9 379 6493 /

Dividends

Dividend yield

3.30%

Dividend amount

$0.04

Payout ratio

4.23%

New Zealand Rural Land Company Limited paid $0.04 dividend and the ex-dividend date was 01 Sept 2022.The dividend payout ratio is 4.23%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NZL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

NZL's forward dividend amount is $0.03 and the forward dividend yield is 2.99%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Feb 2023, following are the company executives and directors listed on New Zealand Rural Land Company Limited.

Name Title Age Total Pay
Mr. Christopher Grant Swasbrook Director & Management Company Representative

Profitability and management effectiveness

Profit margin

483.02%

Operating margin

33.04%

Return on assets

0.75%

Return on equity

26.73%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of New Zealand Rural Land Company Limited is and its enterprise value is .

The NZL's stocks Beta value is 0.06 making it 94% less volatile compared to NZX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

New Zealand Rural Land Company Limited (NZX:NZL) Frequently Asked Questions

1. What is New Zealand Rural Land Company Limited's Stock Symbol?

New Zealand Rural Land Company Limited trades on NZX under the ticker symbol "NZL".

2. What is New Zealand Rural Land Company Limited's stock price today?

One share of NZL stock can currently be purchased for approximately $1.08.

3. How can I contact New Zealand Rural Land Company Limited?

New Zealand Rural Land Company Limited's mailing address is 12 St Marks Road Level 4 Remuera Auckland 1050 New Zealand. The company can be reached via phone at 64 9 379 6493.

4. What is New Zealand Rural Land Company Limited's official website?

The official website of New Zealand Rural Land Company Limited is https://nzrlc.co.nz.