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The latest announcement is out from Perpetual Equity Investment Co. Ltd. ( (AU:PIC) ).
Perpetual Equity Investment Company Limited has announced its half-year financial results for the period ending 31 December 2024, highlighting a net operating profit after tax of $5.9 million, marking an improvement from the previous year’s net loss. The company declared a fully franked interim dividend of 4.0 cents per share, maintaining consistency with the previous year’s payouts. Despite challenging market conditions marked by high interest rates and inflation, the company’s profit reserves and franking account balance ensure the continuation of dividend payments, reflecting its stability and commitment to providing attractive yields for shareholders.
More about Perpetual Equity Investment Co. Ltd.
Perpetual Equity Investment Company Limited operates within the financial investment industry, focusing on providing shareholders with investment opportunities that generate reliable income streams. The company primarily offers equity investment options and is listed on the Australian Securities Exchange (ASX) under the ticker PIC.
YTD Price Performance: 6.52%
Average Trading Volume: 51
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of PIC stock, go to TipRanks’ Stock Analysis page.
