06-07_1800_Prompt08_RadiusCareUpdate
2026-06-07_1800_Prompt08_RadiusCareUpdate
Sector evidence
Sector body
June 2026
Next review not yet scheduled
New Zealand
Medium confidence
published
SNZ editorial review
Evidence boundary: This record summarises the cited source. It does not establish local availability, individual eligibility, or professional advice.
Short Answer
Status: HIGH VALUE — Substantive new FY26 results and strategic developments Radius Residential Care Limited (NZX: RAD) released its full-year results for the year ended 31 March 2026.
Key Points
- •Date of run: 7 June 2026, ~18:00 NZST
- •Prompt number: 8
- •Prompt title: Radius Care Update
- •Category: Provider Watch
- •Status: HIGH VALUE — Substantive new FY26 results and strategic developments
- •Announced: 1 April 2026
Full Summary & Notes
- Date of run: 7 June 2026, ~18:00 NZST - Prompt number: 8 - Prompt title: Radius Care Update - Category: Provider Watch - Status: HIGH VALUE — Substantive new FY26 results and strategic developments Radius Residential Care Limited (NZX: RAD) released its full-year results for the year ended 31 March 2026. - Final dividend: 1.2 cps (fully imputed) — up 50% on 0.8 cps prior final - Paid 11 June 2026, record date 28 May 2026 - Gross dividend yield: 8.0% on average share price for 2H26 - Announced: 1 April 2026 - Location: Karori, Wellington (prestigious suburb) - Facility: 90-bed care home providing rest home, hospital, secure dementia, and respite care - 14 ORA units (vacant retirement units) - Net investment: NZ$13.6M - Settlement: 26 May 2026 (management says immediately accretive to FY27 PBT) - Significance: Radius Care's first care home in the Wellington region; brings total to 25 care homes nationwide (12 owned, 13 leased) - Land purchased March 2026 - Bulk earthworks commenced - First new-build care home using bespoke design for hospital-level and dementia care - ~80 retirement villas planned (staged 5-7 year development) - Target completion: FY28 - NZ$1.4M non-cash partial impairment of development costs booked FY26 (project scope updates) - 80-bed care home + 55 retirement village villas - Approval in principle from Westland District Council - Timeline: FY27-FY28
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