Plato Income Maximiser Limited Declares Monthly Dividends, Payable on 31 January 2020, 28 February 2020, 31 March 2020
January 09, 2020 at 07:28 pm EST
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Plato Income Maximiser Limited announced three consecutive monthly dividends. The Board of PL8 has resolved to pay three fully franked dividends of $0.005 per share payable in January, February and March 2020. Dividend Payment Date is 31 January 2020, 28 February 2020, and 31 March 2020. Dividend Record Dates is 17 January 2020, 14 February 2020, 17 March 2020 and Ex Dividend Dates are 16 January 2020, 13 February 2020, 16 March 2020.
Plato Income Maximiser Limited is an Australia-based investment company. The Company's principal activity is to provide shareholders the opportunity to benefit from an investment in an actively managed, well-diversified portfolio of Australian listed equities. The Company's investment objectives are to generate annual income (including franking credits) that exceeds the gross income of the Standard and Poor's (S&P)/Australian Securities Exchange (ASX) 200 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt) (Benchmark) and outperform (after fees) the Benchmark in total return terms including franking credits over each full investment cycle (typically 3 to 5 years). It invests in various sectors, such as energy, materials, industrials, consumer discretionary, consumer staples, healthcare, financials, information technology, communication services, utilities and real estate. The Company's investment manager is Plato Investment Management Limited.