Plato Income Maximiser (ASX:PL8) Shares Up 2.7%

Plato Income Maximiser Ltd (ASX:PL8)’s share price shot up 2.7% during trading on Tuesday . The company traded as high as A$1.17 ($0.83) and last traded at A$1.16 ($0.82). 559,537 shares changed hands during trading, an increase of ∞ from the average session volume of 0 shares. The stock had previously closed at A$1.13 ($0.80).

The stock has a market cap of $341.76 million and a P/E ratio of 12.92. The stock has a 50-day simple moving average of A$1.09.

The company also recently disclosed a Interim dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 28th will be given a dividend of $0.005 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a yield of 0.47%. Plato Income Maximiser’s payout ratio is currently 67.42%.

Plato Income Maximiser Company Profile (ASX:PL8)

Plato Income Maximiser Limited is a privately owned investment manager. The firm provides its services to SMSF and pension-phase investors. It invests in public equity markets of Australia. The firm invests in diversified portfolio of Australian shares with an income focus. Plato Income Maximiser Limited was founded on April 21, 2017 and is based in New South Wales, Australia.

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