Kiwi Property to pay 3Q dividend of NZ$0.014 per share

Kiwi Property to pay 3Q dividend of NZ$0.014 per share

Kiwi Property Announces Third-Quarter Dividend of NZ$0.014 Per Share
February 26, 2026

Kiwi Property, a New Zealand-based real estate investment trust (REIT), has declared a third-quarter (3Q) dividend of NZ$0.014 per share for the 2026 fiscal year. The dividend, totaling NZ$14 million based on the company's outstanding share count as of December 31, 2025, reflects the board's decision to maintain a consistent distribution policy aligned with its long-term financial strategy.

The ex-dividend date for the payout is scheduled for March 12, 2026, with funds expected to be distributed to eligible shareholders by March 28, 2026. This declaration follows the company's quarterly reporting, which highlighted stabilized occupancy rates across its portfolio of industrial and commercial properties, despite ongoing macroeconomic challenges in the New Zealand property sector.

The NZ$0.014 per-share dividend represents a 5.7% increase compared to the same period in the prior fiscal year, underscoring Kiwi Property's focus on gradual yield growth for investors. However, the payout remains below the five-year average quarterly dividend of NZ$0.016 per share, a metric influenced by capital reinvestment priorities and market conditions in recent years.

Analysts note that the dividend aligns with the company's target distribution range of NZ$0.012 to NZ$0.015 per share for 2026, emphasizing stability over aggressive growth in the current economic climate. Shareholders are advised to review the company's full dividend policy and annual report for further details on financial performance and future outlook.

Kiwi Property's dividend declaration reinforces its commitment to balancing returns for investors with strategic reinvestment in its core assets, a approach typical of mature REITs operating in regulated markets.

[引用越界:1]: Kiwi Property, Dividend Announcement, February 26, 2026.
[引用越界:2]-[引用越界:9]: Derived from company filings, historical financial statements, and market analysis referenced in source materials.