Perpetual Equity Reports Positive Monthly Update

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

Perpetual Equity Investment Company Limited has released its monthly investment update, reporting a net tangible asset (NTA) per share after tax of $1.249 and before tax of $1.287 as of April 30, 2024. The company’s investment portfolio experienced varied performance, with growth of 9.5% per annum since inception, slightly outperforming the S&P/ASX 300 Accumulation Index. The report also declared an annual dividend yield of 6.8%, and a grossed-up yield of 9.8%, reflecting a positive return for shareholders.

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