Articles tagged with Landcorp

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Government to Receive $10M Special Dividend from Landcorp Farming in 2025/26

The Government will receive a $10 million special dividend from Landcorp Farming Limited, contributing to a total of $25 million in dividends returned to the Crown for the 2025/26 financial year. This payment reflects Landcorp’s strong financial position, improved operations, and commitment to delivering value for taxpayers, supported by favorable commodity prices and disciplined management. The special dividend follows a $9.5 million capital repayment from Fonterra and is considered a pass-through of this non-operating receipt, separate from Landcorp’s ordinary dividend policy.

Landcorp Introduces Livestock Equity Partnership for Future of Farming in New Zealand

Landcorp has introduced a new livestock equity partnership program in New Zealand to assist farm operators in building equity and securing the future of farming, according to State Owned Enterprises Minister Simeon Brown. The initiative aligns with the government's goals of enhancing rural employment, boosting farm productivity, and facilitating ownership opportunities for the next generation of farmers. The equity partnership model expands on Landcorp's existing contract farming options for dairy farmers and aims to promote high performance, unlock the farming sector's potential, and create pathways for aspiring farmers to take ownership of farms like Mahiwi Farm.