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Plato Income Maximiser Limited (ASX:PL8)

ALERT: Price-sensitive ASX Announcement for PL8
Current share price for PL8 : $1.390 -0.04 (-2.80%)+
Announcement
Release
20 Oct 2025 11:00AM
Price at Release
$1.430
Full Release
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Summary
Plato Income Maximiser Limited (ASX: PL8) announced its monthly dividends for the December 2025 quarter, maintaining a steady dividend of $0.0055 per share for October, November, and December 2025. Despite a modest decline in franked dividend yields, the company was able to maintain the dividend level due to increased dividend collections during the quarter. The Board's decision aligns with its policy to provide regular monthly dividends from available profits, contingent on sufficient reserves. As of 30 September 2025, the franking account held $11.4 million, allowing for fully-franked dividends at a 30% tax rate. The company's portfolio remains diversified and liquid, well-positioned to secure dividends from Australian companies and sustain distributions despite global economic uncertainties.
Key Points
  • Monthly dividends of $0.0055 per share for October, November, and December 2025.
  • Steady dividend level despite a decline in franked dividend yields.
  • Sufficient reserves in the franking account to support fully-franked dividends.
  • Portfolio is diversified and liquid, capturing dividends from Australian companies.
  • Decision aligns with the Board's policy to provide regular monthly dividends.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.