Plato Income Maximiser
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Plato Income Maximiser (PL8) investor relations material

Plato Income Maximiser H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H1 2026 earnings summary26 Feb, 2026

Executive summary

  • Net profit after tax for the half-year ended 31 December 2025 was AUD 28.44 million, down from AUD 39.71 million in the prior period, reflecting weaker Australian markets.

  • Portfolio delivered a 4.8% total return for the half-year, outperforming the benchmark by 0.6%.

  • Monthly fully franked dividends of $0.0055 per share have been maintained since October 2017, with further dividends resolved for early 2026.

  • Share price has consistently traded at a premium to NTA, reflecting strong demand for regular income.

  • The company continues to provide access to a diversified, actively managed portfolio of Australian listed equities.

Financial highlights

  • Total dividends paid were $0.033 per share over six months, representing a 3.3% distributed yield, 1.2% above the market yield.

  • Pre-tax NTA per share at 31 December 2025 was $1.153, slightly down from $1.161 at the start of the period.

  • 12-month realised yield was 4.9% (including franking credits), compared to the market's 4.2%.

  • Total investment income for the half-year was $34.74 million, with expenses of $4.15 million.

  • Net assets at 31 December 2025 were $860.23 million, up from $856.50 million at 30 June 2025.

Outlook and guidance

  • Early signs of dividend increases from resource stocks, particularly BHP, Rio, and Fortescue, suggest potential for higher market dividends in 2026.

  • Dividend outlook for the Australian market remains stable, with cautious optimism amid global trade tariffs and recent rises in commodity prices.

  • Industrial and financial companies like JB Hi-Fi and CBA continue to deliver solid dividend growth.

  • The company aims to continue paying regular monthly dividends, subject to available profits and prudent business practices.

  • Dividend increases depend on sustained market dividend growth and rebuilding franking credit reserves.

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Next Plato Income Maximiser earnings date

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H2 202628 Aug, 2026
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Frequently asked questions

Plato Income Maximiser Limited is an investment company focused on providing shareholders with high-yield income through dividends. Managed by Plato Investment Management, the company primarily invests in a diversified portfolio of Australian listed equities selected for their income-generating potential. The investment strategy aims to deliver regular income streams and franking credits, appealing to investors seeking tax-effective income solutions. Plato Income Maximiser Limited concentrates on maintaining consistent returns by targeting high-dividend stocks while also focusing on capital preservation. The company is headquartered in Sydney, Australia, and its shares are listed on the ASX.

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