💰 Quick Dividend Update: Plus500 ( $PLUS.L (PLUS 500 LTD) )
Hey everyone,
Just a quick note to let you know we've received our dividend payment from Plus500 (PLUS) today.
Here are the quick stats on this payout:
Dividend per share: $0.49
Payout Ratio: This interim dividend represents about 24.6% of the company's recent earnings. I like to see a sustainable ratio like this, as it means they are also reinvesting for growth.
Impact on our portfolio: This payment adds about 0.0275% to our total equity.
It's not a huge amount, but it's another nice bit of cash flow added to the portfolio. As always, we'll let these dividends compound.
Cheers!... Show More