Perpetual Equity Releases Monthly Financial Update
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Perpetual Equity Releases Monthly Financial Update

Perpetual Equity Investment Co. Ltd. (AU:PIC) has released an update.

Perpetual Equity Investment Company Limited has released its monthly investment update, showing a post-tax NTA of $1.304 per share and a pre-tax NTA of $1.349 per share as of 31 July 2024. The company reported a market capitalisation of $464 million with a share price of $1.22, and highlighted a 6.6% annual dividend yield, which grosses up to 9.4% when accounting for franking credits. Performance metrics indicate that the company’s investment portfolio has experienced mixed returns when compared to the S&P/ASX 300 Acc Index over various time frames.

For further insights into AU:PIC stock, check out TipRanks’ Stock Analysis page.

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