Plato Income Maximiser Limited

ASX:PL8 Stock Report

Market Cap: AU$943.3m

Plato Income Maximiser Dividends and Buybacks

Dividend criteria checks 2/6

Plato Income Maximiser is a dividend paying company with a current yield of 5.2% that is well covered by earnings. Next payment date is on 31st March, 2025 with an ex-dividend date of 14th March, 2025.

Key information

5.2%

Dividend yield

0%

Buyback Yield

Total Shareholder Yield5.2%
Future Dividend Yieldn/a
Dividend Growth4.4%
Next dividend pay date31 Mar 25
Ex dividend date14 Mar 25
Dividend per shareAU$0.066
Payout ratio75%

Recent dividend and buyback updates

Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055

Jan 22
Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055

Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055

Nov 30
Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055

Plato Income Maximiser's (ASX:PL8) Dividend Will Be A$0.0055

Jul 29
Plato Income Maximiser's (ASX:PL8) Dividend Will Be A$0.0055

Recent updates

Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055

Jan 22
Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055

Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055

Nov 30
Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055

Plato Income Maximiser's (ASX:PL8) Dividend Will Be A$0.0055

Jul 29
Plato Income Maximiser's (ASX:PL8) Dividend Will Be A$0.0055

Plato Income Maximiser (ASX:PL8) Is Due To Pay A Dividend Of A$0.0055

Apr 25
Plato Income Maximiser (ASX:PL8) Is Due To Pay A Dividend Of A$0.0055

Plato Income Maximiser (ASX:PL8) Has Affirmed Its Dividend Of A$0.0055

Jul 18
Plato Income Maximiser (ASX:PL8) Has Affirmed Its Dividend Of A$0.0055

Plato Income Maximiser (ASX:PL8) Will Pay A Dividend Of AU$0.0055

Jun 12
Plato Income Maximiser (ASX:PL8) Will Pay A Dividend Of AU$0.0055

Plato Income Maximiser's (ASX:PL8) Dividend Will Be AU$0.0055

May 05
Plato Income Maximiser's (ASX:PL8) Dividend Will Be AU$0.0055

Plato Income Maximiser (ASX:PL8) Has Affirmed Its Dividend Of AU$0.005

Apr 17
Plato Income Maximiser (ASX:PL8) Has Affirmed Its Dividend Of AU$0.005

Plato Income Maximiser (ASX:PL8) Has Announced A Dividend Of AU$0.005

Feb 28
Plato Income Maximiser (ASX:PL8) Has Announced A Dividend Of AU$0.005

Plato Income Maximiser's (ASX:PL8) Dividend Will Be Increased To AU$0.0045

Aug 04
Plato Income Maximiser's (ASX:PL8) Dividend Will Be Increased To AU$0.0045

Plato Income Maximiser (ASX:PL8) Will Pay A Larger Dividend Than Last Year At AU$0.0045

Jul 16
Plato Income Maximiser (ASX:PL8) Will Pay A Larger Dividend Than Last Year At AU$0.0045

What To Know Before Buying Plato Income Maximiser Limited (ASX:PL8) For Its Dividend

May 07
What To Know Before Buying Plato Income Maximiser Limited (ASX:PL8) For Its Dividend

Plato Income Maximiser Limited (ASX:PL8) Goes Ex-Dividend Soon

Mar 11
Plato Income Maximiser Limited (ASX:PL8) Goes Ex-Dividend Soon

Four Days Left To Buy Plato Income Maximiser Limited (ASX:PL8) Before The Ex-Dividend Date

Feb 06
Four Days Left To Buy Plato Income Maximiser Limited (ASX:PL8) Before The Ex-Dividend Date

Does Plato Income Maximiser Limited (ASX:PL8) Have A Place In Your Dividend Portfolio?

Dec 30
Does Plato Income Maximiser Limited (ASX:PL8) Have A Place In Your Dividend Portfolio?

Upcoming Dividend Payment

TodayMar 06 2025Ex Dividend DateMar 14 2025Dividend Pay DateMar 31 202517 days from Ex DividendBuy in the next 8 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PL8 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PL8's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Plato Income Maximiser Dividend Yield vs Market
How does PL8 dividend yield compare to the market?
SegmentDividend Yield
Company (PL8)5.2%
Market Bottom 25% (AU)2.7%
Market Top 25% (AU)6.4%
Industry Average (Capital Markets)3.3%
Analyst forecast (PL8) (up to 3 years)n/a

Notable Dividend: PL8's dividend (5.2%) is higher than the bottom 25% of dividend payers in the Australian market (2.66%).

High Dividend: PL8's dividend (5.2%) is low compared to the top 25% of dividend payers in the Australian market (6.41%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (74.8%), PL8's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (112.5%), PL8's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/06 07:33
End of Day Share Price 2025/03/06 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Plato Income Maximiser Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.