Chorus stock keeps dividend focus after NZD 0.36 payment

Published on 10/08/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Chorus stock was last at NZD 8.40 on October 8, 2026, while FY26 revenue reached NZD 1.029 billion. Analysts list a Hold consensus and NZD 9.375 average target.

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Chorus (NZCNUE0001S2) stock was last at NZD 8.40 on the NZX on October 8, 2026, at 5:00 p.m. NZDT, up NZD 0.05 or 0.60 percent from the prior close. The company had paid its NZD 0.36 FY26 final dividend on October 6, 2026, according to NZX.

Dividend payment sets the income angle

The final dividend was unimputed and followed Chorus' FY26 distribution of NZD 0.60 per share. The NZX announcement also set the NZD to AUD conversion rate for Australian investors at 0.80625 on September 23, 2026.

The payout gives the stock an income focus, but the payment itself does not change the underlying network economics. Chorus operates fixed-line telecommunications infrastructure across New Zealand, with fiber connectivity, wholesale broadband, data and voice services forming the core business.

FY26 revenue reached NZD 1.029 billion

Chorus reported FY26 operating revenue of NZD 1.029 billion for the 12 months ended June 30, 2026, up NZD 15 million from FY25, while EBITDA increased 3 percent to NZD 726 million, according to Kapitales Research on September 21, 2026. Net profit rose to NZD 37 million from NZD 4 million in FY25, and operating cash flow increased 4 percent to NZD 740 million.

Fiber services revenue increased 6 percent in FY26, while the network added 32,000 connections and reached 1.147 million total connections. The operating mix matters because lower copper activity is being offset by fiber growth and network usage.

Analysts see a higher target

MarketScreener lists a Hold consensus from 5 analysts, with an average target of NZD 9.375 and a last-close reference of NZD 8.480. That target is NZD 0.975 above the October 8 price, although the two figures come from different dates.

Simply Wall St reported on September 27, 2026, that the average target had increased 10 percent to NZD 8.27 from NZD 7.50. Its latest forecast also put FY26 revenue at NZD 1.03 billion, while the FY26 earnings-per-share estimate was reduced from NZD 0.139 to NZD 0.118.

Chorus stock stays below its yearly high

At NZD 8.40 on October 8, 2026, Chorus stock stood NZD 1.91, or 18.5 percent, below its 52-week high of NZD 10.31 and NZD 0.20 above its 52-week low of NZD 8.20. The stock had a market capitalization of NZD 3.6 billion and volume of 238,410 shares on that session.