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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.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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