Pinnacle Investment Management Group Limited (ASX:PNI) Increases Dividend to $0.33 Per Share

Pinnacle Investment Management Group Limited (ASX:PNI) announced a interim dividend on Wednesday, February 5th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 20th will be paid a dividend of 0.33 per share on Thursday, March 20th. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend is Wednesday, March 5th. This is a positive change from Pinnacle Investment Management Group’s previous interim dividend of $0.16.

Pinnacle Investment Management Group Price Performance

The company has a quick ratio of 13.98, a current ratio of 11.53 and a debt-to-equity ratio of 24.00.

Pinnacle Investment Management Group Company Profile

Pinnacle Investment Management Group Limited operates as an investment management company in Australia. The company offers third party distribution, and fund infrastructure and support services to its affiliates and various investment managers. It also operates as a corporate trustee and responsible entity for retail and wholesale investment trusts.