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.
Pumpkin Patch Ltd [PPL.NZ] has been good to its shareholders in terms of returns since its IPO in 2004 (see 2004 IPO prospectus) at $1.25 and its subsequent listing in June of that year and even better for its owners when founded in 1990. 47c in net dividends (see chart above) paid and tax credits at an average of 30% , gives PPL a slightly more than 125% return (see chart below for the share price percentage gain against the average of all NZX indexes) over the 6 year listing, an approximate annual net return just over 20%.
This is approximately a 600% better return when compared to the average of all NZX indexes.
Disc I own PPL shares in the Share Investor Portfolio.
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Pumpkin Patch @ Share Investor
Pumpkin Patch's North American Downsizing a Prudent move
Digging at Pumpkin's Profit
Long vs Short: Pumpkin Patch Ltd
Pumpkin Patch Buyback shows Confidence in the Future
Pumpkin Patch takes a hit
Pumpkin Patch ripe for the picking
What is Jan Cameron up to?
I'm buying
Why did you buy that Stock? [Pumpkin Patch]
Rod Duke's Pumpkin Patch gets bigger
Buyer of large piece of Pumpkin Patch a mystery
Pumpkin Patch a screaming buy
Broker downgrades of PPL lack long term vision
Pumpkin's expansion comes at a cost
Pumpkin Patch vs Burger Fuel
Pumpkin Patch profits flatten
New Zealand Retailers ring up costs not tills
Discuss PPL @ Share Investor Forum
Download PPL Company Reports
c Share Investor 2010