Plato Income Maximiser Ltd. (AU:PL8) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Plato Income Maximiser Ltd. reports a profitable FY24 with an operating profit of $65.9 million, up $8.5 million from the previous year. The company matched its benchmark with a total portfolio return of 13.6% and distributed a 7.8% income yield to shareholders. Demonstrating shareholder confidence, PL8 raised $121.4 million through a Share Purchase Plan and maintains its position as a large listed investment company offering monthly fully franked dividends.
For further insights into AU:PL8 stock, check out TipRanks’ Stock Analysis page.