Plato Income Maximiser Limited Announces Three Consecutive Monthly Dividends, Payable on 31 January 2019, 28 February 2019 and 29 March 2019 Respectively
January 09, 2019 at 01:51 pm IST
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The Board of Plato Income Maximiser Limited has declared three fully franked monthly dividends of $0.005 per share, payable on 31 January 2019, 28 February 2019 and 29 March 2019 respectively with record date as 17 January 2019, 14 February 2019 and 15 March 2019 respectively and ex dividend date as 16 January 2019, 13 February 2019 and 14 March 2019 respectively.
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.
Plato Income Maximiser Limited Announces Three Consecutive Monthly Dividends, Payable on 31 January 2019, 28 February 2019 and 29 March 2019 Respectively