Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5986
    -0.0020 (-0.34%)
     
  • NZD/EUR

    0.5538
    -0.0004 (-0.08%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • ASX 200

    7,896.90
    +77.30 (+0.99%)
     
  • OIL

    82.77
    +1.42 (+1.75%)
     
  • GOLD

    2,240.90
    +28.20 (+1.27%)
     
  • NASDAQ

    18,257.71
    -23.13 (-0.13%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • Dow Jones

    39,778.60
    +18.52 (+0.05%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • NZD/JPY

    90.5140
    -0.2660 (-0.29%)
     

Why Fundamental Investors Might Love Property For Industry Limited (NZSE:PFI)

Attractive stocks have exceptional fundamentals. In the case of Property For Industry Limited (NZSE:PFI), there’s is a dependable dividend-paying company with a a strong track record of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Property For Industry here.

Established dividend payer with proven track record

In the past couple of years, PFI has ramped up its bottom line by over 100%, with its latest earnings level surpassing its average level over the last five years. Not only did PFI outperformed its past performance, its growth also exceeded the REITs industry expansion, which generated a 25% earnings growth. This is an notable feat for the company.

NZSE:PFI Income Statement, March 7th 2019
NZSE:PFI Income Statement, March 7th 2019

For those seeking income streams from their portfolio, PFI is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.9%.

NZSE:PFI Historical Dividend Yield, March 7th 2019
NZSE:PFI Historical Dividend Yield, March 7th 2019

Next Steps:

For Property For Industry, I’ve put together three pertinent factors you should further examine:

ADVERTISEMENT
  1. Future Outlook: What are well-informed industry analysts predicting for PFI’s future growth? Take a look at our free research report of analyst consensus for PFI’s outlook.

  2. Financial Health: Are PFI’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of PFI? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.