# New Zealand Rural Land Company Limited (NZX:NZL)

**Exchange:** NZX (XNZE)
**Sector:** Real Estate
**ISIN:** NZNZLE0001S2
**LEI:** 98450067CEFYFC89F428
**Financial year-end:** March

## Overview

New Zealand Rural Land Company is an NZX-listed land-owning company that owns approximately 17,077 hectares of productive agricultural and forestry land across New Zealand and leases that land long-term to quality farm operators. NZL does not farm or operate the land itself; revenue is contracted long-term lease income with CPI-linked rent reviews. Economically NZL behaves like a real-estate investment vehicle (rural-land REIT) rather than a dairy or agricultural operator.

## Market

- **Last close:** NZ$0.94 (2026-08-11)
- **Market cap:** NZ$146.1M (2026-08-11)

## Latest annual results (FY2025)

- **Revenue:** NZ$19.0M
- **Total equity:** NZ$235.2M

All figures sourced from the company's most recent annual report. Monetary values in New Zealand dollars.

## Latest dividend

- **Ex-date:** 2025-03-24
- **Amount:** 2.54c per share (NZD)
- **Imputation credit:** 28%

## Governance

- **Governance Risk Score (NZXplorer methodology):** 61.38 — Good (calculated 2026-06-15T13:11:02.394+00:00)
- **Board size:** 4 directors, 50% independent
- **Chair:** [Rob Campbell](https://nzxplorer.co.nz/people/rob-campbell)

### Board of directors (4)

- [Rob Campbell](https://nzxplorer.co.nz/people/rob-campbell) — Chair, Independent
- [Christopher Swasbrook](https://nzxplorer.co.nz/people/christopher-swasbrook)
- [Sarah Kennedy](https://nzxplorer.co.nz/people/sarah-kennedy)
- [Tia Greenaway](https://nzxplorer.co.nz/people/tia-greenaway) — Independent

## Latest NZX announcement

- **SPH Notice - Salt Funds Management Limited** (2026-06-15, SHINTR)
- Source: https://www.nzx.com/announcements/474437

## Data freshness

- Share price: as of 2026-08-11
- Financials: FY2025 annual results
- Latest dividend: ex-date 2025-03-24
- Governance Risk Score: calculated 2026-06-15
- Board roster: current appointments as of 2026-08-11
- Latest announcement: 2026-06-15

## More data

- Company page: https://nzxplorer.co.nz/companies/new-zealand-rural-land
- Structured facts (JSON): https://nzxplorer.co.nz/api/v1/companies/NZL/facts.json
- Full detail API: https://nzxplorer.co.nz/api/v1/companies/NZL?include=all
- Company website: https://www.nzrlc.co.nz
- NZX page: https://www.nzx.com/companies/NZL

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Published by [NZXplorer](https://nzxplorer.co.nz). Canonical: https://nzxplorer.co.nz/companies/new-zealand-rural-land. Data licence: CC BY 4.0 with attribution to NZXplorer + NZX as primary disclosure source. Generated 2026-08-11T16:33:43.428Z.