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Platinum Asia Investments (ASX:PAI) Dividend Yield % : 4.15% (As of May. 26, 2024)


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What is Platinum Asia Investments Dividend Yield %?

As of today (2024-05-26), the Trailing Annual Dividend Yield of Platinum Asia Investments is 4.15%.

Warning Sign:

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

The historical rank and industry rank for Platinum Asia Investments's Dividend Yield % or its related term are showing as below:

ASX:PAI' s Dividend Yield % Range Over the Past 10 Years
Min: 2.94   Med: 6.13   Max: 11.33
Current: 4.15

During the past 7 years, the highest Dividend Yield of Platinum Asia Investments was 11.33%. The lowest was 2.94%. And the median was 6.13%.

ASX:PAI's Dividend Yield % is ranked worse than
66.12% of 1216 companies
in the Asset Management industry
Industry Median: 5.535 vs ASX:PAI: 4.15

Platinum Asia Investments's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Platinum Asia Investments Ltd is 4.167, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Platinum Asia Investments was 4.17. The lowest was 0.34. And the median was 0.36.

As of today (2024-05-26), the Forward Dividend Yield % of Platinum Asia Investments is 3.11%.

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

During the past 3 years, the average Dividends Per Share Growth Rate was 7.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Platinum Asia Investments was 11.90% per year. The lowest was 2.00% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

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


Platinum Asia Investments Dividend Yield % Historical Data

The historical data trend for Platinum Asia Investments's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Platinum Asia Investments Dividend Yield % Chart

Platinum Asia Investments Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial 7.77 3.96 5.69 9.88 5.85

Platinum Asia Investments Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.13 9.88 5.85 5.85 6.06

Competitive Comparison of Platinum Asia Investments's Dividend Yield %

For the Asset Management subindustry, Platinum Asia Investments's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Asia Investments's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Asia Investments's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Platinum Asia Investments's Dividend Yield % falls into.



Platinum Asia Investments Dividend Yield % Calculation

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

Platinum Asia Investments Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0150002024-03-072024-03-082024-03-28Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0250002023-08-242023-08-252023-09-15Cash 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 Asia Investments's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.04/0.965
=4.15 %

Current Share Price is A$0.965.
Platinum Asia Investments's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.04.

Platinum Asia Investments's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.03/0.965
=3.11 %

Current Share Price is A$0.965.
Platinum Asia Investments's Dividends per Share for the forward twelve months is calculated as A$0.015 * 2 = A$0.03.

* 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 Asia Investments  (ASX:PAI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Platinum Asia Investments Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Platinum Asia Investments's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Platinum Asia Investments (ASX:PAI) Business Description

Traded in Other Exchanges
N/A
Address
7 Macquarie Place, Level 8, Sydney, NSW, AUS, 2000
Platinum Asia Investments Ltd is a closed-ended investment company. The company is engaged in the investment of funds internationally into securities of companies. Its objective is to seek long-term capital growth by utilizing the skills of the investment manager and administrator. It benchmarks the performance of its portfolio against the MSCI All Country Asia ex-Japan Net Index. The majority of the investment income is generated from Equity securities. Geographically, it generates the majority of revenue from Greater China.

Platinum Asia Investments (ASX:PAI) Headlines

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