Plato Income Maximiser Ltd. (AU:PL8) has released an update.
Plato Income Maximiser Ltd. has announced it will maintain its monthly dividend payout at $0.0055 per share for the April, May, and June 2024 quarter, consistent with the previous quarter’s dividends. Amidst market rallies and high interest rates, PL8’s strategy focuses on capital management to ensure ongoing dividend distribution, leveraging a diversified and liquid investment portfolio. The company has confirmed sufficient profit reserves and franking credits to support the declared dividends, with plans to re-evaluate economic conditions for future dividends after three months.
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