Platinum Asset Mange Dividend yield




   AUD/share 
 Price  5.00
 Dividend  0.23
 Earnings  0.26
 Cash-flow  0.25
 Book value  0.54
 Equity  0.53

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 paid a total dividend of 135 million AUD last year, for a market value of 2,935 millions (Market Cap 1,503 millions). Dividend per share of Platinum Asset Mange is 0.23 AUD, and his stock market price 5.00 AUD.

According to the chart below, where dividend yield is displayed, Platinum Asset Mange has a dividend yield of 4.60%, 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 dividend yield with other Financial Services companies or firms from Australia.

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 0.23 per share, an amount that accounts for 4.60%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Platinum Asset Mange payout on ernings is currently 88.46%, which is higher than the market average, and companies of Financials industry, which are 38.16% and 41.40% 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 0.25 per share, which is higher than the dividend per share paid by the company of AUD 0.23, 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

Year Yield  AUD  Paypout  Shares* 
Present4.60%0.2388.46%587
20205.88%0.2492.31%587
20195.97%0.27100.00%587
20186.58%0.32100.00%587
20173.89%0.3093.75%587
20165.84%0.3294.12%586
20154.58%0.37100.00%586

*In millions

Platinum Asset Mange Stock performance

Finally, last moth Platinum Asset Mange showed a return of 8.00% compared to a worldwide 4.25% average, and a 4.06% of Financials firms. Over the last year, the company obtained a 50.20% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Australia and Financial Services firms.

Platinum Asset Mange stock and market return