Platinum Asia Investments Limited is a closed-ended equity mutual fund launched and managed by Platinum Asset Management Limited. It invests in the public equity markets of Asia ex Japan. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies. The fund employs fundamental analysis with a bottom up approach to create its portfolio. It benchmarks the performance of its portfolio against the MSCI All Country Asia ex Japan Net Index. Platinum Asia Investments Limited was founded on September 16, 2015 and is domiciled in Australia.
Platinum Asia Investments Dividend Announcement
• Platinum Asia Investments announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-08-29
• Platinum Asia Investments annual dividend for 2024 was A$0.03
• Platinum Asia Investments annual dividend for 2023 was A$0.05
• Platinum Asia Investments's trailing twelve-month (TTM) dividend yield is 2.4%
• Platinum Asia Investments's payout ratio for the trailing twelve months (TTM) is 232.11%
• Platinum Asia Investments's dividend growth over the last five years (2018-2023) was -12.94% year
Platinum Asia Investments Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-29 | A$0.01 | semi annually | 2024-09-20 |
2024-03-07 | A$0.01 | semi annually | |
2023-08-24 | A$0.03 | semi annually | 2023-09-15 |
2023-02-23 | A$0.03 | semi annually | 2023-03-17 |
2022-08-25 | A$0.03 | semi annually | 2022-09-15 |
2022-02-24 | A$0.03 | semi annually | 2022-03-18 |
2021-08-26 | A$0.06 | semi annually | 2021-09-16 |
2021-02-25 | A$0.04 | semi annually | 2021-03-18 |
2020-08-26 | A$0.03 | semi annually | 2020-09-16 |
2020-03-05 | A$0.02 | semi annually | 2020-03-25 |
2019-09-05 | A$0.02 | semi annually | 2019-09-23 |
2019-03-05 | A$0.02 | semi annually | 2019-03-25 |
2018-08-24 | A$0.06 | semi annually | 2018-09-17 |
2018-03-02 | A$0.04 | semi annually | 2018-03-19 |
2017-08-22 | A$0.01 | semi annually | 2017-09-13 |
Platinum Asia Investments Dividend per year
Platinum Asia Investments Dividend growth
Platinum Asia Investments Dividend Yield
Platinum Asia Investments current trailing twelve-month (TTM) dividend yield is 2.4%. Interested in purchasing Platinum Asia Investments stock? Use our calculator to estimate your expected dividend yield:
Platinum Asia Investments Financial Ratios
Platinum Asia Investments Dividend FAQ
Other factors to consider when evaluating Platinum Asia Investments as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Platinum Asia Investments's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Platinum Asia Investments publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Platinum Asia Investments distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Platinum Asia Investments are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Platinum Asia Investments sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Platinum Asia Investments distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Platinum Asia Investments declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Platinum Asia Investments's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Platinum Asia Investments's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.