Stock Pick

Perpetual Equity Investment Company delivers FY26 profit and steady dividend

Written by

openjargon

in

A woman presenting company news to investors looks back at the camera and smiles.

The Perpetual Equity Investment Company Ltd (ASX: PIC) share price is in focus today after the company reported a net profit after tax of $12.1 million for FY26 and declared a fully franked full-year dividend of 8.0 cents per share, consistent with the previous year.

What did Perpetual Equity Investment Company report?

  • Net profit after tax (NPAT): $12.1 million for FY26
  • Fully franked full-year dividend: 8.0 cents per share, matching FY25
  • Dividend yield: 6.8%, grossed-up yield of 9.7% based on a share price of $1.18
  • Profit reserve: $63 million, providing 2.0 years of dividend coverage
  • 5-year investment performance: 5% p.a. (NTA, post-fees, pre-tax)

What else do investors need to know?

Perpetual Equity Investment Company will move from paying semi-annual dividends to monthly dividends, with the first scheduled for December 2026—subject to Board approval. This change aims to give shareholders, especially those focused on regular income, timelier access to profits.

For FY26, the Company’s portfolio returned 2.8%, trailing the S&P/ASX 300 Accumulation Index’s 6.2%. At 30 June 2026, the portfolio held 77.9% in Australian listed securities, 15.6% in global listed securities, and 6.5% in cash.

What did Perpetual Equity Investment Company management say?

PIC Chairman Nancy Fox AM stated:

We are pleased to deliver another year of strong fully franked dividend income for PIC shareholders. The total FY26 dividend of 8.0 cents per share equates to an annual dividend yield of 6.8% and grossed up yield of 9.7%. This compares favourably to the dividend yield of the S&P/ASX 300 Accumulation Index which was 3.1% as at 30 June 2026. Earlier this month, we announced that PIC will transition from semi-annual to monthly dividend payments… The Board remains focused on prudent capital management to ensure the overall position of the Company remains strong.

What’s next for Perpetual Equity Investment Company?

Looking ahead, the move to monthly dividends is expected to appeal to income-focused investors. The Board plans to maintain a strong focus on capital management and dividend sustainability, backed by a sizable profit reserve.

Management’s disciplined approach will continue to prioritise high-quality businesses, with a view to navigating ongoing market volatility and seeking out value opportunities for shareholders.

Perpetual Equity Investment Company share price snapshot

Over the past 12 months, Perpetual shares have declined 5%, trailing the All Ordinaries Index (ASX: XAO), which has risen 1% over the same period.

View Original Announcement

The post Perpetual Equity Investment Company delivers FY26 profit and steady dividend appeared first on The Motley Fool Australia.

Should you invest $1,000 in Perpetual Equity Investment Company right now?

Before you buy Perpetual Equity Investment Company shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Perpetual Equity Investment Company wasn’t one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys…

See the 5 Stocks

* Returns as of 1 August 2026

.custom-cta-button p {
margin-bottom: 0 !important;
}

More reading

Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

More posts