Platinum Asset Management is a publicly owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. The firm launches and manages equity mutual funds for its clients. It also launches and manages hedge funds for its clients. The firm invests in public equity markets across the globe. It employs value strategy with bottom-up stock picking approach to create its portfolio. The firm employs a combination of in-house and external research to make its investments. The firm typically invests in companies in consumer, health care and technology sectors. Platinum Asset Management was founded in February 1994 and is based in Sydney, Australia. Platinum Investment Management Limited operates as subsidiary of Platinum Asset Pty Limited.
Platinum Investment Management Dividend Announcement
• Platinum Investment Management announced a semi annually dividend of A$0.04 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-05
• Platinum Investment Management annual dividend for 2024 was A$0.10
• Platinum Investment Management annual dividend for 2023 was A$0.14
• Platinum Investment Management's trailing twelve-month (TTM) dividend yield is 9.66%
• Platinum Investment Management's payout ratio for the trailing twelve months (TTM) is 12.80%
• Platinum Investment Management's dividend growth over the last five years (2018-2023) was -15.24% year
• Platinum Investment Management's dividend growth over the last ten years (2013-2023) was -4.42% year
Platinum Investment Management Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-05 | A$0.04 | semi annually | 2024-09-20 |
2024-03-07 | A$0.06 | semi annually | |
2023-08-31 | A$0.07 | semi annually | 2023-09-15 |
2023-03-02 | A$0.07 | semi annually | 2023-03-17 |
2022-09-01 | A$0.07 | semi annually | 2022-09-15 |
2022-03-02 | A$0.10 | semi annually | 2022-03-18 |
2021-09-02 | A$0.12 | semi annually | 2021-09-16 |
2021-03-02 | A$0.12 | semi annually | 2021-03-18 |
2020-09-03 | A$0.11 | semi annually | 2020-09-22 |
2020-03-02 | A$0.13 | semi annually | 2020-03-18 |
2019-08-27 | A$0.14 | semi annually | 2019-09-20 |
2019-02-28 | A$0.13 | semi annually | 2019-03-18 |
2018-08-30 | A$0.16 | semi annually | 2018-09-21 |
2018-03-01 | A$0.16 | semi annually | 2018-03-19 |
2017-08-30 | A$0.15 | semi annually | 2017-09-22 |
2017-03-01 | A$0.15 | semi annually | 2017-03-22 |
2016-08-31 | A$0.16 | semi annually | 2016-09-22 |
2016-03-01 | A$0.16 | semi annually | 2016-03-22 |
2015-08-27 | A$0.20 | semi annually | 2015-09-22 |
2015-03-02 | A$0.10 | semi annually | 2015-03-18 |
2014-08-28 | A$0.20 | semi annually | 2014-09-23 |
2014-02-25 | A$0.14 | semi annually | 2014-03-17 |
2013-08-20 | A$0.14 | semi annually | 2013-09-23 |
2013-02-26 | A$0.08 | semi annually | 2013-03-18 |
Platinum Investment Management Dividend per year
Platinum Investment Management Dividend growth
Platinum Investment Management Dividend Yield
Platinum Investment Management current trailing twelve-month (TTM) dividend yield is 9.66%. Interested in purchasing Platinum Investment Management stock? Use our calculator to estimate your expected dividend yield:
Platinum Investment Management Financial Ratios
Platinum Investment Management Dividend FAQ
Other factors to consider when evaluating Platinum Investment Management 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 Investment Management'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 Investment Management 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 Investment Management 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 Investment Management 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 Investment Management 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 Investment Management 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 Investment Management 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 Investment Management'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 Investment Management'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.