Platinum Investment Management Limited (ASX:PTM) Raises Dividend to $0.20 Per Share

Platinum Investment Management Limited (ASX:PTM) announced a interim dividend on Tuesday, December 10th,MarketIndexAU Dividends reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.20 per share on Monday, December 30th. This represents a yield of 22.86%. The ex-dividend date of this dividend is Wednesday, December 11th. This is an increase from Platinum Investment Management’s previous interim dividend of $0.06.

Platinum Investment Management Price Performance

The company has a current ratio of 16.43, a quick ratio of 12.66 and a debt-to-equity ratio of 3.90.

Platinum Investment Management Company Profile

Platinum Investment Management Limited is a publicly owned hedge fund sponsor. It primarily provides its services to pooled investment vehicles, pension and profit sharing plans, corporations. The firm is a large advisory firm which provides portfolio management for pooled investment vehicles, portfolio management for businesses or institutional clients.