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The latest announcement is out from Perpetual Equity Investment Co. Ltd. ( (AU:PIC) ).
Perpetual Equity Investment Company Limited has updated its earlier dividend notification for its ordinary fully paid shares to confirm the details of its Dividend Reinvestment Plan pricing. The revision specifies that the DRP issue price has been set using the volume-weighted average price calculated over a five-day trading period, linked to the interim dividend for the six months to 31 December 2025.
The update follows the previously announced dividend timetable, which included an ex-dividend date of 12 March 2026 and a record date of 13 March 2026. By clarifying the DRP pricing mechanism after the VWAP period, the company provides greater transparency for shareholders choosing to reinvest their dividends, aiding investment planning and reinforcing confidence in the administration of its capital management program.
The most recent analyst rating on (AU:PIC) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Perpetual Equity Investment Co. Ltd. stock, see the AU:PIC Stock Forecast page.
More about Perpetual Equity Investment Co. Ltd.
Perpetual Equity Investment Company Limited is an Australian listed investment company trading under the ASX code PIC. It provides investors with access to a diversified portfolio of primarily Australian equities, aiming to deliver regular income and capital growth over time.
YTD Price Performance: 0.91%
Average Trading Volume: 358,574
Technical Sentiment Signal: Strong Buy
For an in-depth examination of PIC stock, go to TipRanks’ Overview page.