Plato Income Maximiser Outshines Benchmark

Plato Income Maximiser Ltd. (AU:PL8) has released an update.

Plato Income Maximiser Limited has reported a solid total return of 9.6% per annum and a dividend yield of 7.6% since inception, outperforming the benchmark index. In its latest update, the company announced the continuation of monthly fully-franked dividends at $0.0055 per share, maintaining the previous quarter’s dividend level. Amid a challenging Australian market, the company’s top holdings such as Westpac and Origin Energy contributed positively to its performance.

For further insights into AU:PL8 stock, check out TipRanks’ Stock Analysis page.