"First half 2019 profit rises 6.2% to $70.7m with an increased interim dividend of 9.0cps"
"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
Milton's Performance History
Milton has paid dividends every year since listing in 1958