Discounted Kiwi shares offer a healthy yield

Discounted Kiwi shares offer a healthy yield
Shoppers are flocking back to physical stores at Sylvia Park and elsewhere. (Image: Kiwi Property)
Jenny Ruth
Should a company with a solid asset base, steadily improving underlying earnings and a track record of improving dividends have a dividend yield of more than 9%?And, given the improving underlying earnings, should valuers be slashing the value of its assets by more than $213 million between March and September this year?This is the conundrum presented by Kiwi Property; its net rental income was up 6.3% to a record $100m in the six months ended September compared with the same six months last year, while adjusted funds from operations were up 35...

More Infrastructure

Our man in Argentina
Policy

Our man in Argentina

What happens when a pescatarian goes to the home of beef?

Oliver Lewis 14 Jan 2025
Fast-track panels to be set up from Feb 7
Policy

Fast-track panels to be set up from Feb 7

Application cost details expected in coming weeks. 

Oliver Lewis 10 Jan 2025
Rail tunnel important for coal exports to reopen
Infrastructure

Rail tunnel important for coal exports to reopen

Miner Bathurst Resources suffered a financial hit from the West Coast tunnel closure.

Oliver Lewis 08 Jan 2025
Infratil $480m injection prevents CDC devaluation
Infrastructure

Infratil $480m injection prevents CDC devaluation

The value of Infratil's holding has grown tenfold since acquisition. 

Gregor Thompson 07 Jan 2025