Declared Dividend • May 30
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 85% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • May 01
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 14th May 2026 Payment date: 29th May 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 85% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • Apr 22
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 23rd April 2026 Payment date: 30th April 2026 Dividend yield will be 5.0%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 85% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • Mar 04
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 16th March 2026 Payment date: 31st March 2026 Dividend yield will be 4.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 85% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 03
Plato Income Maximiser Limited announces Monthly dividend, payable on March 31, 2026 Plato Income Maximiser Limited announced Monthly dividend of AUD 0.0055 per share payable on March 31, 2026, ex-date on March 16, 2026 and record date on March 17, 2026. Buy Or Sell Opportunity • Feb 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 2.1% to AU$1.45. The fair value is estimated to be AU$1.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 18%. Declared Dividend • Feb 04
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 13th February 2026 Payment date: 27th February 2026 Dividend yield will be 4.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • Jan 21
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 22nd January 2026 Payment date: 30th January 2026 Dividend yield will be 4.4%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 19
Plato Income Maximiser Limited Announces Fully-Franked Dividends for January, February and March 2026, Payable on 30 January 2026, 27 February 2026, 31 March 2026 Respectively The Board of Plato Income Maximiser Limited has resolved to pay three fully-franked dividends of AUD 0.0055 per share payable in January, February and March 2026. This continues the level of dividends paid in the December 2025 quarter. Ex Dividend Dates are 22 January 2026, 13 February 2026, 16 March 2026 respectively. Dividend Record Dates are 23 January 2026, 16 February 2026, 17 March 2026 respectively. Dividend Payment Dates are 30 January 2026, 27 February 2026, 31 March 2026 respectively. Declared Dividend • Nov 29
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 16th December 2025 Payment date: 31st December 2025 Dividend yield will be 4.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • Nov 01
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 17th November 2025 Payment date: 28th November 2025 Dividend yield will be 4.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • Oct 22
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 23rd October 2025 Payment date: 31st October 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Oct 20
Plato Income Maximiser Limited Announces Fully-Franked Dividends for October, November and December 2025, Payable on 31 October 2025, 28 November 2025, 31 December 2025 Respectively The Board of Plato Income Maximiser Limited has resolved to pay three fully-franked dividends of $0.0055 per share payable in October, November and December 2025. This continues the level of dividends paid in the September 2025 quarter. Ex-Dividend Date: 23 October 2025, 17 November 2025, 16 December 2025. Dividend Record Date: 24 October 2025, 18 November 2025, 17 December 2025. Dividend Payment Date: 31 October 2025, 28 November 2025, 31 December 2025. Announcement • Oct 16
Plato Income Maximiser Limited, Annual General Meeting, Nov 18, 2025 Plato Income Maximiser Limited, Annual General Meeting, Nov 18, 2025. Location: at the gold melting room, the mint, 10 macquarie street, nsw 2000, sydney Australia Declared Dividend • Sep 03
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (59% earnings payout ratio) but not covered by cash flows (118% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 01
Plato Income Maximiser Limited Announces Monthly Dividend for the Month Ended August 31, 2025, Payable on September 30, 2025 Plato Income Maximiser Limited announced Monthly dividend of AUD 0.00550000 per share for the month ended August 31, 2025, payable on September 30, 2025, ex-date on September 15, 2025 and record date on September 16, 2025. New Risk • Aug 23
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 118% Dividend yield: 4.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 118% High level of non-cash earnings (435% accrual ratio). Buy Or Sell Opportunity • Aug 20
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.5% to AU$1.38. The fair value is estimated to be AU$1.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 30%. Declared Dividend • Aug 06
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 14th August 2025 Payment date: 29th August 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 05
Plato Income Maximiser Limited announces Monthly dividend, payable on August 29, 2025 Plato Income Maximiser Limited announced Monthly dividend of AUD 0.0055 per share payable on August 29, 2025, ex-date on August 14, 2025 and record date on August 15, 2025. Buy Or Sell Opportunity • Jul 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 8.2% to AU$1.38. The fair value is estimated to be AU$1.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 30%. Declared Dividend • Jul 21
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 23rd July 2025 Payment date: 31st July 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 18
Plato Income Maximiser Limited Announces Fully-Franked Dividends for July, August and September 2025, Payable July 31, 2025, August 29, 2025 and September 30, 2025 Respectively The Board of Plato Income Maximiser Limited has resolved to pay three fully-franked dividends of $0.0055 per share payable in July, August and September 2025. This continues the level of dividends paid in the June 2025 quarter. Details of each dividend are as follows: July: Amount: $0.0055 per share; Ex - Dividend Date: 23 July 2025; Dividend Record Date: 24 July 2025 and Dividend Payment Date: 31 July 2025. August: Amount: $0.0055 per share; Ex - Dividend Date: 14 August 2025; Dividend Record Date: 15 August2025 and Dividend Payment Date: 29 August 2025. September: Amount: $0.0055 per share; Ex - Dividend Date: 15 September 2025; Dividend Record Date: 16 September 2025 and Dividend Payment Date: 30 September 2025. Buy Or Sell Opportunity • Jul 02
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to AU$1.41. The fair value is estimated to be AU$1.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 30%. Declared Dividend • Jun 04
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 13th June 2025 Payment date: 30th June 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jun 03
Plato Income Maximiser Limited announces Monthly dividend, payable on June 30, 2025 Plato Income Maximiser Limited announced Monthly dividend of AUD 0.0055 per share payable on June 30, 2025, ex-date on June 13, 2025 and record date on June 16, 2025. Declared Dividend • May 07
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 15th May 2025 Payment date: 30th May 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 06
Plato Income Maximiser Limited announces Monthly dividend, payable on May 30, 2025 Plato Income Maximiser Limited announced Monthly dividend of AUD 0.0055 per share payable on May 30, 2025, ex-date on May 15, 2025 and record date on May 16, 2025. Declared Dividend • Apr 18
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 23rd April 2025 Payment date: 30th April 2025 Dividend yield will be 5.2%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 1.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Apr 16
Plato Income Maximiser Limited Announces Fully Franked Monthly Dividends for April, May, June 2025, Payable on April 30, 2025, May 30, 2025, June 30, 2025 Respectively The Board of Plato Income Maximiser Limited has resolved to pay three fully-franked dividends of $0.0055 per share payable in April, May and June 2025. This continues the level of dividends paid in the March 2025 quarter. Dividend Payment Date: April 30, 2025, May 30, 2025, June 30, 2025. Ex- Dividend date: April 23, 2025, May 15, 2025, June 13, 2025. Dividend Record Date: April 24, 2025, May 16, 2025, June 16, 2025. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 4 highly experienced directors. Director Chris Meyer was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jan 22
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 13th February 2025 Payment date: 28th February 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 23% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.4% EPS decline seen over the last 5 years. Announcement • Jan 21
Plato Income Maximiser Limited Announces to Pay Three Fully-Franked Dividends, for January, February and March 2025, Payable on 31 January 2025, 28 February 2025, 31 March 2025 The Board of Plato Income Maximiser Limited has resolved to pay three fully-franked dividends of $0.0055 per share payable in January, February and March 2025. This continues the level of dividends paid in the December 2024 quarter. Dividend Payment Date: 31 January 2025, 28 February 2025, 31 March 2025. Dividend Record Date: 24 January 2025, 14 February 2025, 17 March 2025. Ex Dividend Date: 23 January 2025, 13 February 2025, 14 March 2025. Declared Dividend • Nov 30
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 16th December 2024 Payment date: 31st December 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 23% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.4% EPS decline seen over the last 5 years. Declared Dividend • Nov 01
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 14th November 2024 Payment date: 29th November 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 23% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.4% EPS decline seen over the last 5 years. Declared Dividend • Oct 18
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 21st October 2024 Payment date: 31st October 2024 Dividend yield will be 5.2%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 23% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.4% EPS decline seen over the last 5 years. Announcement • Oct 18
Plato Income Maximiser Limited Resolves Monthly Dividends for October, November and December 2024, Payable on 31 October 2024, 29 November 2024, and 31 December 2024 The board of Plato Income Maximiser Limited has resolved to pay three fully franked dividends of $0.0055 per share payable in October, November and December 2024. This continues the level of dividends paid in the September 2024 quarter. Ex-dividend dates are 21 October 2024, 14 November 2024, and 16 December 2024 respectively. Dividend record dates are 22 October 2024, 15 November 2024, and 17 December 2024 respectively. Dividend payment dates are 31 October 2024, 29 November 2024, and 31 December 2024 respectively. Announcement • Oct 16
Plato Income Maximiser Limited, Annual General Meeting, Nov 19, 2024 Plato Income Maximiser Limited, Annual General Meeting, Nov 19, 2024. Location: the gold melting room, 10 macquarie street, sydney nsw 2000, Australia Buy Or Sell Opportunity • Sep 06
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at AU$1.22. The fair value is estimated to be AU$1.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 11%. Declared Dividend • Sep 04
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 13th September 2024 Payment date: 30th September 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 23% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.4% EPS decline seen over the last 5 years. Declared Dividend • Jul 29
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 15th August 2024 Payment date: 30th August 2024 Dividend yield will be 5.4%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 13% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.3% EPS decline seen over the last 5 years. Declared Dividend • Jul 18
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 19th July 2024 Payment date: 31st July 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 13% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.3% EPS decline seen over the last 5 years. Announcement • Jul 16
Plato Income Maximiser Limited Announces Monthly Dividends for September 2024 Quarter, Payable on 31 July 2024, 30 August 2024, and 30 September 2024 Respectively The Board of Plato Income Maximiser Limited has resolved to pay three fully franked dividends of $0.0055 per share payable in July, August, and September 2024. This continues the level of dividends paid in the June 2024 quarter. Ex -Dividend Dates are 19 July 2024, 15 August 2024, and 13 September 2024 respectively. Dividend Record Dates are 22 July 2024, 16 August 2024, and 16 September 2024 respectively. Dividend payment dates are 31 July 2024, 30 August 2024, and 30 September 2024 respectively. Declared Dividend • May 17
Dividend of AU$0.0055 announced Shareholders will receive a dividend of AU$0.0055. Ex-date: 13th June 2024 Payment date: 28th June 2024 Dividend yield will be 5.5%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 13% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.3% EPS decline seen over the last 5 years. Declared Dividend • Apr 19
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 16th May 2024 Payment date: 31st May 2024 Dividend yield will be 5.5%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 13% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.3% EPS decline seen over the last 5 years. Declared Dividend • Apr 17
Dividend of AU$0.0055 announced Dividend of AU$0.0055 is the same as last year. Ex-date: 18th April 2024 Payment date: 30th April 2024 Dividend yield will be 5.5%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (78% earnings payout ratio) but not covered by cash flows (128% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 7 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 13% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.3% EPS decline seen over the last 5 years. Declared Dividend • Feb 15
Dividend of AU$0.0055 announced Shareholders will receive a dividend of AU$0.0055. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 5.6%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 3.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Declared Dividend • Jan 19
Dividend of AU$0.0055 announced Shareholders will receive a dividend of AU$0.0055. Ex-date: 14th February 2024 Payment date: 29th February 2024 Dividend yield will be 5.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not covered by cash flows (104% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 3.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Dec 18
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Dividend is not well covered by cash flows (104% cash payout ratio). Shareholders have been diluted in the past year (18% increase in shares outstanding). Announcement • Nov 23
Plato Income Maximiser Limited has filed a Follow-on Equity Offering. Plato Income Maximiser Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 189,558,699 Announcement • Oct 18
Plato Income Maximiser Limited, Annual General Meeting, Nov 21, 2023 Plato Income Maximiser Limited, Annual General Meeting, Nov 21, 2023, at 11:15 AUS Eastern Standard Time. Location: The Gold Melting Room, The Mint, 10 Macquarie Street Sydney New South Wales Australia Agenda: To approve adoption of the Remuneration Report; to approve re-election of Dr. Don Hamson as a director; and to approve re-election of Lorraine Berends as a director. Announcement • Oct 16
Plato Income Maximiser Limited Announces Monthly Dividends for December 2023 Quarter, Payable on 31 October 2023, 30 November 2023 and 29 December 2023 The board of Plato Income Maximiser Limited has resolved to pay three fully-franked dividends of $0.0055 per share payable in October, November and December 2023. This continues the level of dividends paid in the September 2023 quarter. Ex dividend dates are 19 October 2023, 15 November 2023 and 14 December 2023. Dividend record dates are 20 October 2023, 16 November 2023 and 15 December 2023. Dividend Payment Dates are 31 October 2023, 30 November 2023 and 29 December 2023. New Risk • Aug 25
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (14% increase in shares outstanding). Announcement • Aug 25
Plato Income Maximiser Limited Resolves to Pay Ordinary Fully Franked Monthly Dividend, Payable on September 29, 2023 Plato Income Maximiser Limited resolved to pay ordinary fully franked monthly dividend of AUD 0.00550000 per share. The dividend will be payable on September 29, 2023. Ex-dividend date is September 14, 2023 and record date is September 15, 2023. Announcement • Jul 17
Plato Income Maximiser Limited Announces Ordinary Fully Franked Monthly Dividend for the Month Ended June 30, 2023, Payable on July 31, 2023 Plato Income Maximiser Limited announced ordinary fully franked monthly dividend of AUD 0.00550000 per share for the month ended June 30, 2023 The dividend will be payable on July 31, 2023. Ex-dividend date is July 20, 2023 and record date is July 21, 2023. Announcement • Jun 05
Plato Income Maximiser Limited. Announces Ordinary Fully Franked Monthly Dividend for the Month Ended May 31, 2023, Payable on June 30, 2023 Plato Income Maximiser Limited announced ordinary fully franked monthly dividend of AUD 0.00550000 per share for the month ended May 31, 2023 The dividend will be payable on June 30, 2023. Ex-dividend date is June 15, 2023 and record date is June 16, 2023. Announcement • Jan 16
Plato Income Maximiser Limited Announces Monthly Dividend for the Months of January, February and March of 2023, Payable on 31 January 2023, 28 February 202, 31 March 2023, Respectively The Board of Plato Income Maximiser Limited has resolved to pay monthly dividend for the months of January, February and March of 2023. For the January, the company announced to pay dividend of $0.0055 per share, payable on 31 January 2023. Ex - Dividend Date is 19 January 2023. Dividend Record Date: 20 January 2023.For the February, the company announced to pay dividend of $0.0055 per share. Ex - Dividend Date is 13 February 2023, Dividend Record Date: is 14 February 2023. Dividend Payment Date: is 28 February 2023.For the March, the company announced to pay dividend of $0.0055 per share. Ex - Dividend Date is 16 March 2023. Dividend Record Date is 17 March 2023. Dividend Payment Date is 31 March 2023. Announcement • Nov 07
Plato Income Maximiser Limited Announces Ordinary Fully Franked Dividend for the Month Ended October 31, 2022, Payable on November 30, 2022 Plato Income Maximiser Limited declared ordinary fully franked dividend of AUD 0.00550000 per share for the month ended October 31, 2022, Ex. Date is November 15, 2022. Record Date is November 16, 2022. Payment date is November 30, 2022. Announcement • Oct 18
Plato Income Maximiser Limited, Annual General Meeting, Nov 21, 2022 Plato Income Maximiser Limited, Annual General Meeting, Nov 21, 2022, at 10:30 AUS Eastern Standard Time. Location: The Gold Melting Room The Mint, 10 Macquarie Street Sydney New South Wales Australia Agenda: To consider adoption of the Remuneration Report; to consider re-election of Katrina Onishi as a director; to consider re-election of Jonathan Trollip as a director; and to consider re-election of Chris Meyer as a director. Announcement • Sep 07
Plato Income Maximiser Limited Announces Ordinary Fully Franked Dividend for the Month Ended August 31, 2022, Payable on September 30, 2022 Plato Income Maximiser Limited announced ordinary fully franked dividend of AUD 0.00550000 per share for the month ended August 31, 2022, Ex. Date is September 15, 2022. Record Date is September 16, 2022. Payment date is September 30, 2022. Announcement • Jul 15
Plato Income Maximiser Limited Resolves to Pay Three Fully-Franked Dividends, Payable on 29 July 2022 31, August 2022 and 30 September 2022 The Board of Plato Income Maximiser Limited resolved to pay three fully-franked dividends of $0.0055 per share payable in July, August and September 2022. This continues the level of dividends paid in the June 2022 quarter, which represented the large monthly dividend that the Company had paid. The dividend payable on 29 July 2022, 31 August 2022 and 30 September 2022, with a record date of 21 July 2022, 17 August 2022 and 16 September 2022. Buying Opportunity • Jun 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.3%. The fair value is estimated to be AU$1.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 11%. Announcement • Jun 07
Plato Income Maximiser Limited. Announces Ordinary Fully Franked Monthly Dividend for the Month Ended May 31, 2022, Payable on June 30, 2022 PLATO INCOME MAXIMISER LIMITED. announced ordinary fully franked monthly dividend of AUD 0.005 per share for the month ended May 31, 2022. The dividend will be payable on June 30, 2022. Ex-dividend date is June 15, 2022 and record date is June 16, 2022. Upcoming Dividend • May 09
Upcoming dividend of AU$0.011 per share Eligible shareholders must have bought the stock before 16 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 45% and the cash payout ratio is 89%. Trailing yield: 4.7%. Lower than top quartile of Australian dividend payers (6.0%). Higher than average of industry peers (3.8%). Announcement • May 05
Plato Income Maximiser Limited Announces Special Dividend, Payable on 31 May 2022 The Board of Plato Income Maximiser Limited has resolved to pay a special dividend of $0.0055 per share payable to shareholders on 31 May 2022 with a record date of 17 May 2022. The dividend will be paid in conjunction with the existing May 2022 monthly dividend of $0.0055 per share. Board Change • Mar 29
High number of new directors Director Chris Meyer was the last director to join the board, commencing their role in 2022. Announcement • Feb 07
Plato Income Maximiser Limited Announces Ordinary Franked Dividend for the Month Ended January 31, 2022, Payable on February 28,2022 Plato Income Maximiser Limited announced ordinary franked dividend of AUD 0.00500000 per share for the month ended January 31, 2022. Ex Date is February 11, 2022. Record Date is February 14, 2022. Payment Date is February 28, 2022. Announcement • May 18
Plato Income Maximiser Limited Resolves to Pay Three Fully Franked Dividends for April, May and June 2021 The Board of Plato Income Maximiser Limited has resolved to pay three fully franked dividends of $0.004 per share for April, May and June 2021. Announcement • May 03
Plato Income Maximiser Limited Announces an Ordinary Dividend for the Period of One Month Ended April 30, 2021, Payable on May 31, 2021 Plato Income Maximiser Limited announced an ordinary fully franked and fully paid dividend of AUD 0.00400000 per share for the period of one month ended April 30, 2021. The ex-date is May 14, 2021, with record date of May 17, 2021. The payment date will be May 31, 2021. Is New 90 Day High Low • Feb 17
New 90-day high: AU$1.20 The company is up 9.0% from its price of AU$1.11 on 19 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 2.0% over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: AU$1.18 The company is up 8.0% from its price of AU$1.09 on 21 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Capital Markets industry, which is up 1.0% over the same period. 
