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Platinum Investment Management Limited (ASXTM) 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 (ASXTM) Dividend Is Being Reduced To AU$0.10
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 (ASXTM) Dividend Is Being Reduced To AU$0.10