"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"
"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"
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 2020)
Milton's Performance History
Milton has paid dividends every year since listing in 1958