Plato Income Maximiser Continues Strong Performance with Consistent Dividends

Plato Income Maximiser Ltd. ( (AU:PL8) ) has shared an update.

Plato Income Maximiser Limited reported a total return of 10.4% per annum and a yield of 7.6% per annum since its inception in April 2017, slightly trailing the benchmark. The Board has resolved to continue paying fully-franked dividends, maintaining the level from the previous quarter. The Australian market showed strong performance in January, with consumer discretionary and financial sectors outperforming, while defensive sectors lagged. The company’s strategic positions in certain resources and pharmaceutical stocks contributed positively to its performance, although some overweight and underweight positions detracted from its relative performance. The company remains actively positioned to seek superior income compared to its benchmark.

More about Plato Income Maximiser Ltd.

Plato Income Maximiser Limited operates in the financial services industry, focusing on investment management. The company aims to deliver income maximization through its investment strategies, targeting higher dividend yields compared to benchmarks.

YTD Price Performance: 3.66%

Average Trading Volume: 503,224

Technical Sentiment Consensus Rating: Sell

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