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An announcement from Perpetual Equity Investment Co. Ltd. ( (AU:PIC) ) is now available.
Perpetual Equity Investment Company Limited has released its Monthly Investment Update and NTA Report for January 2025. The report highlights a net tangible asset (NTA) backing per share of $1.260 after tax and $1.289 before tax. The company’s portfolio delivered a return of 1.4% for the month, trailing the S&P/ASX 300 Accumulation Index, which returned 4.5%. Despite underperforming the index, the company maintains a strong portfolio with top holdings in companies such as BHP Group Ltd and Flutter Entertainment Plc. The annual dividend yield stands at 6.5%, with a grossed-up yield of 9.2%, reflecting the company’s focus on providing returns to its shareholders.
More about Perpetual Equity Investment Co. Ltd.
Perpetual Equity Investment Company Limited operates in the financial services industry as a listed investment company. It focuses on providing investors with a diversified portfolio of investments, including equities, and offers half-yearly dividends. The company is managed by Perpetual Investment Management Limited, and its shares are listed on the Australian Securities Exchange (ASX) under the code PIC.
YTD Price Performance: 6.52%
Average Trading Volume: 51
Technical Sentiment Consensus Rating: Sell
Learn more about PIC stock on TipRanks’ Stock Analysis page.
