PTM News: Platinum Investment Management's (ASX:PTM) Dividend Is Being Reduced To AU$0.10 - 2nd Mar 2022, 6:43am

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Platinum Investment Management Limited (ASX:pTM) is reducing its dividend to AU$0.10 on the 18th of March. The yield is still above the industry average at 13%.

View our latest analysis for Platinum Investment Management

Platinum Investment Management Is Paying Out More Than It Is Earning

We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Before making this announcement, the company's dividend was much higher than its earnings. Without profits and...

>>> Read more: Platinum Investment Management's (ASX:pTM) Dividend Is Being Reduced To AU$0.10
 
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