Been a couple of changes recently. Has been de-listed and will trade on pink sheets “NZTY”. Recently split off core assets and had a one time special dividend. You have to see the plans post-restructuring.
Has done well, as has many high dividend paying equities, and will likely continue to benefit. Whenever you are looking at any sort of utility, you want to look to see if the rate of growth of the New Zealand economy. Historically it has not been great, which is one of the reasons they yield is so high. (This stock is no longer listed, so not sure why they didn't mention that. Ed.)
Telecom Corp of New Zealand is a OTC stock, trading under the symbol NZT-N on the (). It is usually referred to as or NZT-N
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In the last year, there was no coverage of Telecom Corp of New Zealand published on Stockchase.
On , Telecom Corp of New Zealand (NZT-N) stock closed at a price of $.
Caller can't find any earnings. ADR was delisted. You have to go to New Zealand web sites for the financial results for New Zealand telecom. It has held up well during the global financial crisis. This and Vodaphone are the two big players there. It’s a good company and he would add to it at this point. It is difficult to get a trade executed in New Zealand.