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Perpetual Equity Investment Co. Ltd. ( (AU:PIC) ) has shared an announcement.
Perpetual Equity Investment Company Limited reported a post-tax net tangible asset backing of $1.144 per share as at 31 March 2026, with a market capitalisation of $453 million and a share price of $1.18. The portfolio carries an annual dividend yield of 6.8%, or 9.7% on a grossed-up basis, reflecting an 8.0 cents per share dividend over the year.
The company’s investment portfolio returned -8.0% for March, underperforming the S&P/ASX 300 Accumulation Index by 0.7 percentage points for the month and by a wider margin over the three- and six-month periods. Longer-term performance remains closer to the index, with since-inception returns of 8.2% per annum versus 8.7% for the benchmark, while the portfolio is anchored by large positions in BHP Group, Washington H. Soul Pattinson, News Corporation, Goodman Group and major resource names, signalling a continued tilt toward blue-chip and cyclical exposures.
More about Perpetual Equity Investment Co. Ltd.
Perpetual Equity Investment Company Limited is an ASX-listed listed investment company that provides investors with access to a diversified portfolio of primarily Australian equities, managed by Perpetual Investment Management Limited. The company targets income and capital growth through an actively managed portfolio, paying half-yearly dividends and focusing on established stocks across sectors including resources, industrials and property.
Average Trading Volume: 386,233
Technical Sentiment Signal: Buy
Learn more about PIC stock on TipRanks’ Stock Analysis page.