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Perpetual Equity Investment Company (PIC) investor relations material
Perpetual Equity Investment Company Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Portfolio snapshot and performance
NTA per share as of 30 April 2026: $1.171 after tax, $1.174 before tax.
Market capitalisation: $449 million; share price: $1.165.
Annual dividend yield: 6.9% (grossed up: 9.8%).
Portfolio returned 3.5% for April, outperforming the ASX 300 Accumulation Index by 1.2%.
Longer-term performance lags the benchmark over 1, 3, and 5 years.
Portfolio allocation and sector exposure
94.7% of capital invested in securities; 5.3% in cash/fixed income.
76.1% allocated to Australian securities, 22.6% to global securities.
Largest sector exposures: Materials (18.6%), Real Estate (12.7%), Financials (12.4%).
Key holdings and contributors
Top holdings: BHP Group, Washington H. Soul Pattinson, News Corporation, Goodman Group, Cobram Estate Olives.
Cobram Estate Olives and Goodman Group were strong contributors, driven by operational excellence and strategic developments.
- Net profit dropped 48% but record dividends and strong five-year returns highlight resilience.PIC
H2 20241 Apr 2026 - Net profit declined 23.9%, but dividends held steady with strong reserve coverage.PIC
H2 20251 Apr 2026 - Net profit after tax rose to $20.4 million, with NTA per share up 0.96% and a 4.0 cent dividend declared.PIC
H1 20261 Mar 2026 - Strong FY25 results, solid dividends, and portfolio strategy shifts amid market volatility.PIC
AGM 20253 Feb 2026 - Record dividends, new management agreement, and robust long-term returns highlighted.PIC
AGM 202416 Jan 2026 - Returned to profitability with $5.9M net profit and declared a fully franked interim dividend.PIC
H1 20256 Jun 2025
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