ASX:PNICapital Markets
Is Pinnacle (ASX:PNI) Prioritising Shareholder Payouts at the Expense of Earnings Resilience?
Pinnacle Investment Management Group Limited has reported past half-year results to 31 December 2025, with revenue of A$46.07 million and net income of A$67.34 million, and declared an 80% franked interim dividend of A$0.29 per share, representing a payout ratio of 96% of diluted EPS, payable on 20 March 2026.
The combination of higher sales alongside lower earnings per share, yet an almost fully distributed interim dividend, highlights management’s emphasis on returning capital to...