Vital Healthcare Property Trust (VHP)

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

Vital Healthcare Property Trust (NZX:VHP) last traded at $1.77 on 22 Oct 2026, a market capitalisation of $1.44B NZD, a board of 8 directors chaired by Graham Robert Stuart and a Governance Risk Score of 66/100.

Vital Healthcare Property Trust invests in healthcare property across New Zealand and Australia, owning hospitals, medical centers, and specialist healthcare facilities leased to leading healthcare operators.

Share price
$1.77+0.00%
Market cap
$1.44BNZD
Dividend yield
5.51%trailing 12m
Return on equity
-1.3%
Governance score
66/100Good
Board size
863% independent
Last dividend
2.44cFY2026

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Held by NZ managed funds

Sub-substantial fund positions — invisible in NZX SSH data, visible here. Sourced from each fund's Quarterly Fund Update on the FMA Disclose register.

Funds holding VHP
3
Distinct managers
2
Heaviest weight
9.76%
Fund% of fund NAV
Harbour — Real Estate Investment9.76%
Mint — Australasian Property8.24%
Harbour — Australasian Equity Income3.40%

Full breakdown and coverage

Vital Healthcare Property Trust board of directors

8 current directors, 63% independent, average tenure 3.5 years.

DirectorRoleIndependentAppointedTenureCommittees
Graham Robert StuartChairYes20188.0 yrsAudit & Risk Committee
Angela BullIndependent DirectorYes20224.6 yrsAudit & Risk Committee (Chair)
Dr. Michael StanfordIndependent DirectorYes20242.8 yrs—
Chris AdamsExecutive DirectorNo20242.3 yrs—
Mark MenhinnittIndependent DirectorYes20260.3 yrs—
Zachary VaughanNon-Independent DirectorNo20251.2 yrs—
Mike BradyNon-Independent DirectorNo20233.2 yrs—
Craig MitchellIndependent DirectorYes20215.3 yrs—

VHP governance score breakdown

Vital Healthcare Property Trust scores 66/100 (Good) on the NZXplorer Governance Risk Score for FY2026, based on 53% data coverage. See the GRS methodology.

Board structure
17/25
Shareholder rights
0/0
Executive remuneration
5/10

VHP dividends

The most recent Vital Healthcare Property Trust dividend on record is 2.44 cents per share, for FY2026 (quarterly), 0% imputed, ex-dividend 19 Aug 2026, paid 3 Sept 2026.

Vital Healthcare Property Trust largest shareholders

Top 10 registered holders of VHP as disclosed for FY2025. Registry holdings include custodians and nominees, which may hold on behalf of many underlying investors.

#HolderHolding
1NZGT SECURITY TRUSTEE LIMITED28.20%
2FORSYTH BARR CUSTODIANS LIMITED <1-CUSTODY>13.93%
3CUSTODIAL SERVICES LIMITED <A/C 4>7.50%
4ACCIDENT COMPENSATION CORPORATION - NZCSD <ACCI40>6.50%
5BNP PARIBAS NOMINEES (NZ) LIMITED - NZCSD <BPSS40>4.45%
6HSBC NOMINEES (NEW ZEALAND) LIMITED - NZCSD <HKBN90>3.75%
7TEA CUSTODIANS LIMITED CLIENT PROPERTY TRUST ACCOUNT - NZCSD <TEAC40>2.90%
8NEW ZEALAND DEPOSITORY NOMINEE LIMITED <A/C 1 CASH ACCOUNT>2.43%
9ANZ WHOLESALE TRANS-TASMAN PROPERTY SECURITIES FUND - NZCSD <PNTT90>2.33%
10FNZ CUSTODIANS LIMITED1.63%

Recent VHP NZX announcements

The 10 most recent filings by Vital Healthcare Property Trust to the NZX.

Vital Healthcare Property Trust (VHP) — frequently asked questions

What does Vital Healthcare Property Trust do?

Vital Healthcare Property Trust invests in healthcare property across New Zealand and Australia, owning hospitals, medical centers, and specialist healthcare facilities leased to leading healthcare operators. Vital Healthcare Property Trust is listed on the NZX under the ticker VHP, in the Real Estate sector.

What is the Vital Healthcare Property Trust (VHP) share price?

Vital Healthcare Property Trust (NZX:VHP) shares closed at $1.77 on 22 October 2026, unchanged on the previous close. At that price its market capitalisation was about $1.43 billion, based on 809,411,592 shares on issue.

Who are the directors of Vital Healthcare Property Trust?

Vital Healthcare Property Trust has 8 current directors: Graham Robert Stuart (Chair), Angela Bull (Independent Director), Dr. Michael Stanford (Independent Director), Chris Adams (Executive Director), Mark Menhinnitt (Independent Director), Zachary Vaughan (Non-Independent Director), Mike Brady (Non-Independent Director) and Craig Mitchell (Independent Director). 5 of the 8 are recorded as independent (63%). Average board tenure is 3.5 years.

Who is the chair of Vital Healthcare Property Trust?

Graham Robert Stuart chairs the Vital Healthcare Property Trust board, and has been a director since 2018.

What was Vital Healthcare Property Trust's most recent dividend?

The most recent Vital Healthcare Property Trust dividend on record is 2.44 cents per share for FY2026 (quarterly), 0% imputed, ex-dividend 19 August 2026, paid 3 September 2026.

What is Vital Healthcare Property Trust's dividend yield?

Vital Healthcare Property Trust's trailing 12-month dividend yield is 5.51%, as at 22 October 2026. That is 9.75 cents per share of ordinary dividends with an ex-date in the 12 months to 22 October 2026, divided by the 22 October 2026 closing price of $1.77. Special dividends are excluded.

Who are the largest shareholders of Vital Healthcare Property Trust?

The largest registered holder of VHP shares in the FY2025 top-20 register was NZGT SECURITY TRUSTEE LIMITED, with 28.20%, followed by FORSYTH BARR CUSTODIANS LIMITED <1-CUSTODY> (13.93%) and CUSTODIAL SERVICES LIMITED <A/C 4> (7.50%). Custodians and nominees on the register hold shares on behalf of other investors.

What is Vital Healthcare Property Trust's governance score?

Vital Healthcare Property Trust has an NZXplorer Governance Risk Score of 66/100 (Good) for FY2026, based on 53% data coverage.

When is the Vital Healthcare Property Trust annual meeting?

Vital Healthcare Property Trust's next annual meeting is scheduled for 10 November 2026.

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