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    Dear Sir/Madam
    Plato Income Maximiser Limited (ASX: PL8) announces three consecutive monthly dividends
    The Board of PL8 has resolved to pay three fully-franked dividends of $0.004 per share payable in January,
    February and March 2021. This continues the level of dividends paid in the December 2020 quarter, which
    is a level the Board continues to feel is prudent given the continuing impact of the COVID-19 virus on
    economic conditions.
    Dr Don Hamson, Director of PL8 and Managing Director of Plato Investment Management Limited (the
    manager of PL8), said “As we enter 2021, there are some positive signs for Australian dividends. APRA has
    lifted its restriction on bank and insurance dividends, the Opposition leader has formally withdrawn the ALP’s
    controversial franking credit policy, and the dividend outlook continues to be quite promising in areas such
    as iron-ore and gold miners and selected retailers.
    In the current environment liquidity and diversification still remain important. By design, PL8’s underlying
    portfolio is well diversified and very liquid. Our investment process is well positioned to ride out the current
    volatile period.
    The recent Sydney and Brisbane COVID-19 outbreaks continue to highlight how uncertain the world is,
    despite vaccines starting to be rolled out around the globe. One of the benefits of a closed-end listed
    investment company focused on income is the ability to manage capital amidst such uncertainty so as to
    provide consistent dividend distributions over time.”
    The Board feels it is prudent to maintain the current level of dividends, to ensure the Company’s profits
    reserves and franking credits are maintained and managed appropriately so as to enable the continued
    payment of fully-franked monthly dividends. The Board will re-assess economic conditions in three months’
    time when considering the monthly dividends for the June 2021 quarter.
    - 2 -
    Details of each dividend are as follows:
    Month January February March
    Amount: $0.004 per share $0.004 per share $0.004 per share
    Ex – Dividend Date: 18 January 2021 11 February 2021 16 March 2021
    Dividend Record Date: 19 January 2021 12 February 2021 17 March 2021
    Dividend Payment Date: 29 January 2021 26 February 2021 31 March 2021
    The announcement of the dividends is in line with the Board’s stated policy to pay regular monthly dividends
    from available profits, provided it has sufficient reserves and it is permitted by law and within prudent
    business practices to do so.

    courtesy of Bell Direct


    i hold PL%

    this pays monthly SO FAR , if divs stay scarce and slashed like half of last year , i suspect they will switch to 3 monthly or 6 monthly

    good luck predicting corporate divs in the coming year

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