Investor Centre
Industrial property dynamics | Investing in PFI | Five Year Performance Summary | Dividend Reinvestment Scheme | Company announcements | Annual and interim reports | Calendar
Industrial property dynamics
Investment in industrial property provides exposure to business sectors such as manufacturing, transport and logistics and wholesale.
Industrial property is regarded as an attractive investment option because of the following characteristics:
1. Low volatility
Supply of industrial property is highly responsive to demand, and most new buildings commence with occupier pre-commitment.
2. Constrained locations
Limited supply in land-constrained locations will place upward pressure on rental levels.
3. Industrial building life cycle
Warehouse buildings have a longer economic and physical life when compared with other property assets, and often only require minor capital expenditure in order to maintain higher returns.
Investing in PFI
PFI is a publicly-listed company, meaning that shares are traded on the New Zealand Stock Exchange (NZSX) and can be bought and sold through sharebrokers.
Up-to-date information on PFI's share price and trading history (opens new page) can be found on the NZX website. Share prices and other investor information are also quoted in the business pages of most daily newspapers and on a number of internet sites operated by sharebrokers and investment advisers.
Investment decisions are important and if you are considering making an investment in PFI, we recommend that you consult your investment adviser or sharebroker.
Other helpful sources of information are:
- The investor education events and programme run by the NZX
- PFI’s annual and interim reports to investors
Five-year performance summary
| Cents per share | |||||
| Year | 2005 | 2006 | 2007 | 2008 | 2009 |
| Earnings per share (before revaluations) | 6.59 | 6.77 | 7.11 | 7.42 | 7.46 |
| Earnings per share (after revaluations) | 26.05 | 22.9 | 21.12 | -15.09 | -5.86 |
| Gross dividend per share | 8.37 | 8.77 | 8.82 | 8.83 | 9.07 |
| Net tangible assets per share (undiluted) | 116.2 | 131.6 | 146.0 | 124.0 | 110.0 |
Dividend Reinvestment Scheme
PFI shareholders can elect to receive their dividends in the form of PFI shares, rather than cash, through the company’s dividend reinvestment scheme. Shareholders participating in this programme currently receive their shares at a 2.5% discount to market price. To find out more, click here.
Company announcements
The previous year's company announcements.
Annual and interim reports
PFI annual and interim reports.
Calendar
PFI’s balance date is December 31.
| February | Announcement of financial result for the 12 months to the previous December |
| March | Payment of final dividend for the financial year |
| April | Announcement of first-quarter result |
| May | Annual general meeting of shareholders Payment of first-quarter dividend |
| July | Announcement of half-year result |
| August | Payment of half-year dividend |
| September | Interim report provided to shareholders |
| October | Announcement of third-quarter result |
| November | Payment of third-quarter dividend |