"By owning shares in Milton, an investor has an interest in an efficiently managed portfolio of investments in companies and trusts that are listed on the Australian Securities Exchange"

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philosophy and its portfolio

"Milton has a long track record of paying fully franked dividends which are predominantly funded by the dividends received from its investments in equities listed on the Australian Securities Exchange"

"Milton's efficient internal management structure keeps costs down and aligns interests with shareholders"

Low Cost with MER of 0.14% of Total Assets
(MER includes all operating costs)

Benefits of investing in a traditional LIC

The internally managed corporate structure of a traditional LIC provides many benefits such as reliable fully franked dividends and low cost efficient management

(MER 0.14% as at 30 June 2019)

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Share Price

Share Price Charts

Milton's Performance History

Milton has paid dividends every year since listing in 1958

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Milton - An Australian LIC since 1958

Milton is a long-term investor in companies, trusts, interest bearing securities and real property. Milton seeks to invest in well-managed companies and trusts with profitable history and with the expectation of sound dividend growth

Latest ASX Announcements

Dividend History

Dividend Amount (Fully Franked)
FY19	21.9 cps (including Special 2.5 cps)
FY18	19.0 cps
FY17	18.7 cps

Key Dates*

Half year Results	23 January 2020

* Dates are subject to change should circumstances require.
* Dates are subject to change should circumstances require.