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 $0.91 on 12 Nov 2026, a market capitalisation of $132M 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
$0.91+0.00%
Market cap
$132MNZD
Return on equity
3.3%
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 5.7 years.

DirectorRoleIndependentAppointedTenureCommittees
Rob CampbellChairYes20205.9 yrsAudit & Risk Committee (Chair)
Tia GreenawayIndependent DirectorYes20215.2 yrsAudit & Risk Committee (Chair)
Sarah KennedyNon-Independent DirectorNo20205.9 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 (quarterly), 0% imputed, ex-dividend 7 Sept 2026, paid 28 Sept 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 Limited20.11%
2Accident Compensation Corporation10.45%
3Premier Nominees Limited9.84%
4TEA Custodians Limited8.25%
5B J Lindsay & J J Parsonson & W D Anderson & S M Palmer6.39%
6Custodial Services Limited6.30%
7HSBC Nominees (New Zealand) Limited5.06%
8MFL Mutual Fund Limited4.63%
9FNZ Custodians Limited4.07%
10Janice Catherine Walker & Sonya Jane Walker & Duncan Varhan Fea3.91%

Recent NZL NZX announcements

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

New Zealand Rural Land Company Limited (NZL) — frequently asked questions

What does New Zealand Rural Land Company Limited do?

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. New Zealand Rural Land Company Limited is listed on the NZX under the ticker NZL, in the Real Estate sector.

What is the New Zealand Rural Land Company Limited (NZL) share price?

New Zealand Rural Land Company Limited (NZX:NZL) shares closed at $0.91 on 12 November 2026, unchanged on the previous close. At that price its market capitalisation was about $133 million, based on 146,497,193 shares on issue.

Who are the directors of New Zealand Rural Land Company Limited?

New Zealand Rural Land Company Limited has 3 current directors: Rob Campbell (Chair), Tia Greenaway (Independent Director) and Sarah Kennedy (Non-Independent Director). 2 of the 3 are recorded as independent (67%). Average board tenure is 5.7 years.

Who is the chair of New Zealand Rural Land Company Limited?

Rob Campbell chairs the New Zealand Rural Land Company Limited board, and has been a director since 2020.

What was New Zealand Rural Land Company Limited's most recent dividend?

The most recent New Zealand Rural Land Company Limited dividend on record is 1.34 cents per share for FY2026 (quarterly), 0% imputed, ex-dividend 7 September 2026, paid 28 September 2026.

Who are the largest shareholders of New Zealand Rural Land Company Limited?

The largest registered holder of NZL shares in the FY2024 top-20 register was New Zealand Permanent Trustees Limited, with 20.11%, followed by Accident Compensation Corporation (10.45%) and Premier Nominees Limited (9.84%). Custodians and nominees on the register hold shares on behalf of other investors.

What is New Zealand Rural Land Company Limited's governance score?

New Zealand Rural Land Company Limited has an NZXplorer Governance Risk Score of 78/100 (Good) for FY2026, based on 63% data coverage.

When was the last New Zealand Rural Land Company Limited annual meeting?

The most recent New Zealand Rural Land Company Limited annual meeting on record was held on 20 May 2026.

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