In this series of posts I am going to be looking at stocks listed on the NZX in relation to their returns to shareholders over the life of their listing -what shareholders would now see in their back pockets if they had invested in the company IPO.
The calculation of returns includes dividends and tax credits.
Lets have a look at AMP Ltd [AMP.NZ] this time. AMP hasn't done well at all since its 1998 listing. With NZ$2.75 in net dividends paid (see chart above) and another 33% of that figure gained for those eligible for associated tax credits, makes an approx minus 50% return (see chart below for the share price percentage gain against the average of all NZX indexes) over the 12 year listing which gives an approx annual net return of minus 4.16%.
This is approx 150% worse than the return from the average of all NZX indexes.
Long Term View Series
Auckland International Airport
Air New Zealand
AMP Ltd
Briscoe Group Ltd
Contact Energy Ltd
Delegats Group Ltd
EBOS Group Ltd
Fletcher Building Ltd
Fisher & Paykel Appliances
Fisher & Paykel Healthcare
Freightways Ltd
Goodman Fielder Ltd
Hellaby Holdings Ltd
Mainfreight Ltd
Metlifecare Ltd
New Zealand Refining Ltd
Port Of Tauranga Ltd
Pumpkin Patch Ltd
Restaurant Brands Ltd
Ryman Healthcare Ltd
Sanford Ltd
Sky City Entertainment Group Ltd
Sky Network Television Ltd
Telecom NZ Ltd
Telstra Corp Ltd
The Warehouse Group Ltd
AMP @ Share Investor
Download AMP Company Reports
Discuss this stock at Share Investor Forum - Register free
Recommended Amazon Reading
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
Buy new: $14.95 / Used from: $7.50
Usually ships in 24 hours
Buy The Intelligent Investor & more @ Fishpond.co.nz
c Share Investor 2010
No comments:
Post a Comment
Comment on Share Investor Stuff