About Spark New Zealand Limited (NZTCF) — Dividend Analysis 2026
Spark New Zealand Limited, together with its subsidiaries, provides telecommunications and digital services in New Zealand. It offers telecommunications, information technology, media, and other digital products and services, including mobile services; voice services; broadband services; internet sports streaming services; cloud, security, and service. The company also provides IT infrastructure, business cloud, business and outsourced telecommunications, software, big data analytics, data center, and international wholesale telecommunications services. In addition, it offers local, national, and international telephone and data services; finance products; group insurance products; and mobile phone repair services. Further, the company retails telecommunications products and services; and distributes equipment. It serves consumers, households, small businesses, government, and large enterprises. The company was formerly known as Telecom Corporation of New Zealand Limited and changed its name to Spark New Zealand Limited in August 2014. Spark New Zealand Limited was incorporated in 1987 and is headquartered in Auckland, New Zealand.
Is NZTCF a good dividend investment in 2026?
NZTCF offers a 10.00% forward yield with a 50% payout ratio. Strand Safety Score: 53/100 (Moderate Risk). The 5-year dividend CAGR of -34.2% is modest — investors should weigh current income against growth alternatives.
NZTCF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your NZTCF portfolio grows to $13.2K vs $12.9K without reinvestment. This is the compound interest effect in action.
NZTCF dividend growth history & forecast
NZTCF has grown its dividend by 0% over the last year and -34.2% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 10.00%.
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+0.3B → +0.3B → +1.1B
8 / 30 pts
8/30
Net income is positive but trending down — watch for further deterioration
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
53
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 NZTCF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold NZTCF.
Gross yield
10.00%
Tax rate
15.00%
After-tax yield
8.50%
Real yield (−CPI)
5.70%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
10.00%
7.20%
$1,000 / yr
🇺🇸 US Taxable (15%) ✓
15%
8.50%
5.70%
$850 / yr
🇺🇸 US Taxable (20%)
20%
8.00%
5.20%
$800 / yr
🇬🇧 UK ISA
0%
10.00%
7.20%
$1,000 / yr
🇬🇧 UK Taxable
8.75%
9.13%
6.33%
$913 / yr
🇨🇦 TFSA
0%
10.00%
7.20%
$1,000 / yr
🇨🇦 CA Taxable
25%
7.50%
4.70%
$750 / yr
🇦🇺 Super (pension)
15%
8.50%
5.70%
$850 / yr
🇦🇺 AU Taxable
30%
7.00%
4.20%
$700 / yr
🇩🇪 DE Taxable
26.375%
7.36%
4.56%
$736 / yr
🇫🇷 FR Taxable
30%
7.00%
4.20%
$700 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 NZTCF Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your NZTCF investment of $1.20/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$1.7K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-758.17
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in NZTCF for:
Shares needed
235,295
Capital required
$282,354
Monthly income
$2,000
Based on current dividend of $0.12/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 NZTCF Dividend Payment Schedule
NZTCF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.26 / payment
$1.02 / year after tax
100 shares
$2.55 / payment
$10.20 / year after tax
1,000 shares
$25.50 / payment
$102.00 / year after tax
📊 NZTCF vs Communication Services Benchmarks
How NZTCF compares to typical Communication Services averages.
Benchmark: Communication Services
Dividend Yield▲+7.70% vs sectorBetter
NZTCF
10.00%
avg
2.30%
5Y Dividend CAGR▼-39.40% vs sectorBelow avg
NZTCF
-34.20%
avg
5.20%
Payout Ratio▼+2.00% vs sectorBelow avg
NZTCF
50.00%
avg
48.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for NZTCF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ NZTCF Insider Activity
No recent SEC filings reported in the last 90 days.
📅
Next Earnings Report: 2026-08-21(in 141 days)
🔬
Financial Health Scores
Altman Z-Score
3.38
✅ Safe Zone — low bankruptcy risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
5/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the NZTCF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →