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Platinum Capital (ASX:PMC) 3-Year Dividend Growth Rate : -5.00% (As of Dec. 2023)


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What is Platinum Capital 3-Year Dividend Growth Rate?

Platinum Capital's Dividends per Share for the six months ended in Dec. 2023 was A$0.03.

The historical rank and industry rank for Platinum Capital's 3-Year Dividend Growth Rate or its related term are showing as below:

ASX:PMC' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -42.3   Med: -4.4   Max: 65.1
Current: -5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Platinum Capital was 65.10% per year. The lowest was -42.30% per year. And the median was -4.40% per year.

ASX:PMC's 3-Year Dividend Growth Rate is ranked worse than
72.92% of 864 companies
in the Asset Management industry
Industry Median: 1.7 vs ASX:PMC: -5.00

During the past 3 years, the average Dividends Per Share Growth Rate was -5.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -9.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Platinum Capital's Dividend Payout Ratio for the six months ended in Dec. 2023 was 7.50. As of today, Platinum Capital's Dividend Yield % is 4.55%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Platinum Capital Ltd is 1.05, which seems too high.

Warning Sign:

Platinum Capital Ltd stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Platinum Capital's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Platinum Capital's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Platinum Capital's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Capital's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Platinum Capital's 3-Year Dividend Growth Rate falls into.



Platinum Capital 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Platinum Capital  (ASX:PMC) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Platinum Capital's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.03/ 0.004
=7.50

During the past 13 years, the highest Dividend Payout Ratio of Platinum Capital was 1.05. The lowest was 0.26. And the median was 0.35.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Platinum Capital Ltd is 1.05, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Platinum Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0302024-03-072024-03-082024-03-28Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0302023-08-242023-08-252023-09-15Cash Dividendsemi-annuallyAUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Platinum Capital's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.06/1.395
=4.30 %

Current Share Price is A$1.395.
Platinum Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.06.

During the past 13 years, the highest Dividend Yield of Platinum Capital was 7.44%. The lowest was 1.06%. And the median was 4.62%.

Warning Sign:

Platinum Capital Ltd stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Platinum Capital 3-Year Dividend Growth Rate Related Terms>


Platinum Capital (ASX:PMC) Business Description

Traded in Other Exchanges
N/A
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Capital Ltd is an Australian close-ended investment company with its investment objectives to deliver attractive returns to shareholders over time, made up of capital growth and fully-franked dividends, and contain capital losses by mitigating the impact of market downturns. It focuses on investing in securities of a company, of which business and growth are undervalued. The investment manager of the company adopts a bottom-up stock selection methodology through which long-term capital growth is sought by investing in undervalued securities, cash and actively managed currency as well as it seeks to earn absolute returns. Its portfolio includes equities and derivatives, forward currency contracts and overseas bank accounts.

Platinum Capital (ASX:PMC) Headlines

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