Kiwi Property moves to quarterly dividends

NZX RELEASE
30 August 2022
Kiwi Property moves to quarterly dividends


Kiwi Property today advised it has amended its dividend policy and will begin paying
dividends on a quarterly basis (rather than semi-annually, as was previously the case).
The change is effective immediately, with the next dividend to be paid on Wednesday
21 September.

Kiwi Property Chief Executive Officer, Clive Mackenzie, said: “ We’re pleased to be
moving to quarterly dividend payments, which will assist investors by providing them
with more frequent returns.”

Ends

Contact us for further information:
Campbell Hodgetts
Head of Communications and Investor Relations
campbell.hodgetts@kp.co.nz
+64 275 634 985


About us:
Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New Zealand
Stock Exchange and is a member of the S&P/NZX 20 Index. We’ve been around for over 25
years and proudly own and manage a significant real estate portfolio, comprising some of New
Zealand’s best mixed-use, retail and office buildings. Our objective is to provide investors with a
reliable investment in New Zealand property through the ownership and active management of
a diversified, high-quality portfolio. S&P Global Ratings has assigned Kiwi Property a corporate
credit rating of BBB (stable) and an issue credit rating of BBB+ for each of its fixed rate senior
secured bonds. Kiwi Property is the highest rated New Zealand company within CDP (Carbon
Disclosure Project) and is a member of FTSE4 Good, a series of benchmark and tradable indices
for ESG (Environmental, Social and Governance) investors. Kiwi Property is licensed under the
Real Estate Agents Act 2008. To find out more, visit our website kp.co.nz