NZX Governance Explorer

New Zealand Rural Land Company Limited (NZL)

NZX-listed Real Estate company — share price, dividends, financials, board of directors and governance score.

New Zealand Rural Land Company Limited (NZX:NZL) last traded at $0.94 on 25 Sept 2026, a market capitalisation of $140M NZD, a board of 3 directors chaired by Rob Campbell and a Governance Risk Score of 78/100.

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.

Share price
$0.94-0.53%
Market cap
$140MNZD
P/E ratio
36.6
Dividend yield
2.47%
Governance score
78/100Very Good
Board size
367% independent
Last dividend
1.34cFY2026

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New Zealand Rural Land Company Limited board of directors

3 current directors, 67% independent, average tenure 5.5 years.

DirectorRoleIndependentAppointedTenureCommittees
Rob CampbellChairYes20205.8 yrsAudit & Risk Committee (Chair)
Tia GreenawayIndependent DirectorYes20215.1 yrsAudit & Risk Committee (Chair)
Sarah KennedyIndependent DirectorNo20205.8 yrsAudit & Risk Committee (Chair)

NZL governance score breakdown

New Zealand Rural Land Company Limited scores 78/100 (Good) on the NZXplorer Governance Risk Score for FY2026, based on 63% data coverage. See the GRS methodology.

Board structure
20/25
Shareholder rights
17/20
Executive remuneration
0/0

NZL dividends

The most recent New Zealand Rural Land Company Limited dividend on record is 1.34 cents per share, for FY2026 (interim), paid 26 Jun 2026.

New Zealand Rural Land Company Limited largest shareholders

Top 10 registered holders of NZL as disclosed for FY2024. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.

#HolderHolding
1New Zealand Permanent Trustees Limited0.20%
2Accident Compensation Corporation0.10%
3Premier Nominees Limited0.10%
4TEA Custodians Limited0.08%
5B J Lindsay & J J Parsonson & W D Anderson & S M Palmer0.06%
6Custodial Services Limited0.06%
7HSBC Nominees (New Zealand) Limited0.05%
8MFL Mutual Fund Limited0.05%
9FNZ Custodians Limited0.04%
10Janice Catherine Walker & Sonya Jane Walker & Duncan Varhan Fea0.04%

Recent NZL NZX announcements

The 10 most recent filings by New Zealand Rural Land Company Limited to the NZX.

Real Estate companies on the NZX

Compare New Zealand Rural Land Company Limited with other NZX-listed real estate companies.

All NZX Real Estate companies · All 131 NZX-listed companies