Plato Income Maximiser Dividends and Buybacks
Dividend criteria checks 2/6
Plato Income Maximiser is a dividend paying company with a current yield of 5.41% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 14th November, 2024.
Key information
5.4%
Dividend yield
-13.3%
Buyback Yield
| Total Shareholder Yield | -7.9% |
| Future Dividend Yield | n/a |
| Dividend Growth | -0.06% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | AU$0.066 |
| Payout ratio | 70% |
Recent dividend and buyback updates
Plato Income Maximiser's (ASX:PL8) Dividend Will Be A$0.0055
Jul 29
Plato Income Maximiser (ASX:PL8) Is Due To Pay A Dividend Of A$0.0055
Apr 25Recent updates
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 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) | 5.4% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Capital Markets) | 3.0% |
| Analyst forecast (PL8) (up to 3 years) | n/a |
Notable Dividend: PL8's dividend (5.41%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: PL8's dividend (5.41%) is low compared to the top 25% of dividend payers in the Australian market (6.01%).
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.