What happened
Perpetual Equity Investment Company (ASX: PIC) released its monthly investment update for August 2026, reporting a pre-tax NTA of $1.225 per share and a post-tax NTA of $1.210 per share. The company confirmed a final dividend of 4.0 cents per share and formally advised it is transitioning to paying dividends on a monthly basis.
Why it matters here
For self-managed super fund trustees and income-seeking investors, monthly dividend schedules offer predictable income streams and reduce cash reinvestment lag. PIC's top holdings remain concentrated in major resources and diversified industrial names, including Rio Tinto at 10.2% and Washington H. Soul Pattinson at 6.4%, reflecting an active value-oriented allocation strategy.
What to watch
Note PIC's ex-dividend date of 8 September 2026 and payment date of 1 October 2026 for the final dividend before monthly distribution payouts officially commence.
Source
company-announcements.afr.com