Plato Income Maximiser Dividends and Buybacks
Dividend criteria checks 2/6
Plato Income Maximiser is a dividend paying company with a current yield of 5.3% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
5.3%
Dividend yield
-13.1%
Buyback Yield
| Total Shareholder Yield | -7.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.1% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | AU$0.066 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055
Nov 30
Plato Income Maximiser's (ASX:PL8) Dividend Will Be A$0.0055
Jul 29Plato Income Maximiser (ASX:PL8) Is Due To Pay A Dividend Of A$0.0055
Apr 25Recent updates
Plato Income Maximiser (ASX:PL8) Is Paying Out A Dividend Of A$0.0055
Nov 30Plato Income Maximiser's (ASX:PL8) Dividend Will Be A$0.0055
Jul 29Plato Income Maximiser (ASX:PL8) Is Due To Pay A Dividend Of A$0.0055
Apr 25Plato Income Maximiser (ASX:PL8) Has Affirmed Its Dividend Of A$0.0055
Jul 18Plato Income Maximiser (ASX:PL8) Will Pay A Dividend Of AU$0.0055
Jun 12Plato Income Maximiser's (ASX:PL8) Dividend Will Be AU$0.0055
May 05Plato Income Maximiser (ASX:PL8) Has Affirmed Its Dividend Of AU$0.005
Apr 17Plato Income Maximiser (ASX:PL8) Has Announced A Dividend Of AU$0.005
Feb 28Plato Income Maximiser's (ASX:PL8) Dividend Will Be Increased To AU$0.0045
Aug 04Plato Income Maximiser (ASX:PL8) Will Pay A Larger Dividend Than Last Year At AU$0.0045
Jul 16What To Know Before Buying Plato Income Maximiser Limited (ASX:PL8) For Its Dividend
May 07Plato Income Maximiser Limited (ASX:PL8) Goes Ex-Dividend Soon
Mar 11Four Days Left To Buy Plato Income Maximiser Limited (ASX:PL8) Before The Ex-Dividend Date
Feb 06
Does Plato Income Maximiser Limited (ASX:PL8) Have A Place In Your Dividend Portfolio?
Dec 30Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PL8) | 5.3% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Capital Markets) | 3.1% |
| Analyst forecast (PL8) (up to 3 years) | n/a |
Notable Dividend: PL8's dividend (5.3%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: PL8's dividend (5.3%) is low compared to the top 25% of dividend payers in the Australian market (6.11%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.6%), PL8's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (115.5%), PL8's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 17:22 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
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.
| Analyst | Institution |
|---|