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PL8 Results 1st Half FY21 Highlights 1HFY21 profit $ 10.7m Portfolio performance ( incl . franking ) 13.3 % ¹ ( -0.4 % to benchmark² with + 1.4 % higher income generated ) Plato INCOME MAXIMISER Plato Income Maximiser Limited Level 35 , 60 Margaret Street Sydney NSW 2000 Total dividends paid in 1HFY21 2.4c3 • • • • 1HFY21 operating profit after tax of $ 10.7 million . Total dividends of $ 0.024 per share for half - year ( 6.0 % annualised gross yield on 31 December share price ) . Total portfolio return of 13.3 % , -0.4 % compared to benchmark² of 13.7 % . Distributed gross income for calendar 2020 of 6.9 % 4 , + 3.1 % compared to benchmark² of 3.8 % . Shareholder webinar on the Company's results and investment portfolio . We are pleased to announce Plato Income Maximiser's ( ASX : PL8 ) results for the half - year ended 31 December 2020. The profit for the half - year was $ 10.7 million , lower than the previous corresponding period , which had been unaffected by the economic impact of the COVID - 19 pandemic , of $ 13.8 million . Portfolio performance rebounded from a total return perspective in the first half of FY21 ( 1HFY21 ) as the Australian economy recovered from the impact of the COVID - 19 pandemic and very strong vaccine results were announced in November 2020. Historic government stimulus measures and reductions in interest rates from central banks boosted domestic spending and house prices . In addition , high iron ore prices as Chinese steel production continued to increase resulted in strong earnings and dividends for Australia's iron ore producers . The active performance of the Company's investments was slightly negative during the first - half , underperforming the benchmark² by 0.4 % net of portfolio related fees , costs and taxes as those stocks most affected by COVID - 19 rebounded in November . The Company distributed 6.9 % gross income 4 over calendar 2020 compared to the benchmark² which distributed 3.8 % . In 1HFY21 , the NTA increased from $ 0.959 on 30 June 2020 to $ 1.047 on 31 December 2020. The $ 0.088 increase in NTA per share includes the $ 0.024 of fully franked dividends paid during the year³ . The Company continues to pay monthly fully franked dividends , the only LIC in Australia to do so . NTA performance breakdown for 1HFY215 $ 1.15 $ 1.10 $ 1.05 $ 1.00 $ 0.959 $ 0.95 $ 0.90 + $ 0.113 - $ 0.001 - $ 0.024 $ 1.047 $ 0.85 Pre - tax NTA 1 Jul 2020 Portfolio performance Company expenses Dividends paid Pre - tax NTA 31 Dec 2020 Including franking credits 2 S & P / ASX 200 Franking Credit Adjusted Daily Total Return Index ( Tax Exempt ) 3 Paid via 6 consecutive $ 0.004 monthly dividends 4 Calculated as monthly dividends paid ( including franking credits ) divided by average month - end share price over the calendar year 5 NTA per share performance excludes value of franking credits . Portfolio performance is net of management fees . -1-