Platinum Asset Mange Dividend yield

 Price  1.43
 Dividend  0.14
 Earnings  0.14
 Cash-flow  0.15
 Book value  0.55
 Equity  0.56

Platinum Asset Mange is part of Financial Services business, which is part of Financials industry. Platinum Asset Mange is a company from Australia, and his stocks are publicly traded.

Platinum Asset Mange stock dividend

Platinum Asset Mange paid a total dividend of 82 million AUD last year, for a market value of 839 millions (Market Cap 750 millions). Platinum Asset Mange dividend per share is 0.14 AUD, and his stock market price 1.43 AUD.

According to the chart below, where dividend yield is displayed, Platinum Asset Mange has a dividend yield of 9.79%, which is higher than the amount offered by both the market average and companies from Australia. It is also bigger than average of Financials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Platinum Asset Mange stocks dividend with other Financial Services companies or other of the high Australia dividend stocks list.

Dividend yield of Platinum Asset Mange

Platinum Asset Mange Dividend Payout

About the ability of Platinum Asset Mange to maintain his current dividend of AUD 0.14 per share, an amount that accounts for 9.79%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Platinum Asset Mange payout on ernings is currently 100.00%, which is higher than the market average, and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures show that Platinum Asset Mange can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Platinum Asset Mange is AUD 0.15 per share, which is higher than the dividend per share paid by the company of AUD 0.14, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Platinum Asset Mange, compared againt world market average, Australia companies, Financials industry and Financial Services sector companies.

Platinum Asset Mange payout

Platinum Asset Mange Dividend History

Below you will find a table with the historical evolution of Platinum Asset Mange's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  AUD  Paypout  Shares* 

*In millions

Then you can see the evolution of Platinum Asset Mange dividend stock, and compare it with the average of Australia stocks and that of the Financial Services stocks.

Platinum Asset Mange stock dividend history

Platinum Asset Mange Stock performance

Finally, last moth Platinum Asset Mange showed a return of -9.80% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a -19.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Financial Services firms.

Platinum Asset Mange stock and market return