What can we help you find?
Your search had no results
Other Popular Searches
A track record of income and franked dividends
Perpetual Equity Investment Company (ASX:PIC)
Looking for regular income from your investments?
Perpetual Equity Investment Company (ASX:PIC) offers monthly dividends and access to a diversified portfolio of Australian and global shares. With a track record of delivering fully franked dividends, PIC helps investors access income from shares.
You can buy and sell PIC shares on the ASX via your stockbroker, share trading account or other securities platform.
Why invest in listed investment companies (LICs)?
PIC is a listed investment company (LIC). LICs provide investors with a simple and convenient way to access a diversified portfolio of investments, managed by a professional investment team. They can also offer the potential for regular income through dividends, as well as long-term capital growth. Investors can buy and sell LIC shares on the ASX.
What is a listed investment company (LIC)?
Why choose PIC?
PIC is focused on identifying high quality, attractively valued securities using a proven investment process that can navigate through tougher operating environments.
Since its listing on the ASX in 2014, PIC has established a track record of delivering consistent investment performance and has provided its shareholders with income via a consistent, fully franked dividend stream.[1]
 |
 |
 |
Key features
Consistent income stream
A track record of delivering an income stream of fully franked dividends [1].
Easy access via the ASX
With a single trade, PIC provides investors with easy access to an actively managed portfolio of Australian and global listed securities.
Actively managed
Actively managed by Perpetual Asset Management, one of Australia’s most experienced fund managers.
Flexibility
PIC has the flexibility to invest up to 100% in Australian listed securities, up to 35% in global listed securities and up to 25% in cash.
Why invest in PIC now?
The portfolio is positioned in quality businesses with genuine pricing power, resilient cash generation, and strong balance sheets – the kind of companies that hold their value through cycles.
We’ve constructed this to deliver reliable income and downside protection, regardless of what market indices do. With the ability to invest up to 35% of the portfolio in global equities and up to 25% in cash, PIC’s flexible investment strategy has the ability to enhance returns from global markets and better manage market risk.
With significant tax changes coming to capital gains treatment, income-focused portfolios capable of generating fully franked dividends are becoming comparatively more attractive.
How to invest
You can buy and sell shares in PIC on the ASX via your stockbroker, share trading account or other securities platform.
Speak to your stockbroker, accountant or financial adviser.
For more information please contact us on:
Inside PIC: A decade of discipline
Sean Roger manages the PIC portfolio alongside head of equities Vince Pezzullo. In this video, he shares how Perpetual’s long-term investment strategy has been proven over multiple market cycles and how this applies to PIC.
Watch now
Inside PIC: A decade of discipline
Download the PIC flyer
Download now
Livewire: Finding real opportunities at a time of volatility
Markets are shaky but opportunity is heating up. In this Livewire interview, Sean Roger, co-portfolio manager of Perpetual Equity Investment Company (ASX:PIC), explains where to find value amid the volatility right now.
Watch now
Livewire: Finding real opportunities at a time of volatility
Why Perpetual?
Proven investment experience for over 50 years
PIC is actively managed by Perpetual Asset Management - one of Australia’s most experienced fund managers.
It provides investors access to the Manager’s track record of investing excellence, underpinned by a unique investment approach that focuses on fundamental research and analysis of quality, value and risk.
Subscribe for updates
Receive insights from Perpetual Equity Investment Company Limited
Insights
View all
Subscribe to the newsletter for updates
More about PIC
Explore PIC's portfolio and latest investment performance.
[1] Past payments of dividends is not indicative of future payments of dividends. The payment of dividends is at the discretion of the PIC board.
[2] Profit reserve of $63 million as at 30 June 2026 after taking into account the estimated payment of the final dividend. This equates to 16.4 cents per share and represents 2.0 years dividend coverage assuming a total dividend payment of 8.0 cents per share per annum. This does not take into account any changes to share capital. No representation is made in relation to the payment of future dividends, which will be at the discretion of the Company’s Board.
[3] Yield is calculated based on the total dividends of 8.0 cents per share and the closing share price of $1.140 as at 30 September 2026. Grossed up yield takes into account franking credits at a tax rate of 30%. No representation is made about the payment of future dividends.
Disclaimer/important information
All investments carry risk, including loss of capital. This information was prepared by Perpetual Investment Management Limited (PIML) ABN 18 000 866 535, AFSL 234426. PIML is the manager for the Perpetual Equity Investment Company Limited (Company) (ASX: PIC) ACN 601 406 419. It is general information only and is not intended to provide you with financial advice. You should consider, with a financial adviser, whether the information is suitable for your circumstances. This information is in summary form and is not necessarily complete. It should be read together with other announcements for the Company lodged with the Australian Securities Exchange, which are available at www.asx.com.au. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information.
This information may contain information that is based on projected and/or estimated expectations, assumptions or outcomes. These forward-looking statements are subject to a range of risk factors. The Company and PIML caution against relying on any forward-looking statements, particularly due to uncertainty and volatility in the market and geo-political factors.
While PIML has prepared this information based on its current knowledge and understanding and in good faith, there are risks and uncertainties involved which could cause results to differ from the forward-looking statements. Neither the Company or PIML will be liable for the correctness and/or accuracy of the information, nor any differences between the information provided and actual outcomes, and reserves the right to change its projections or other forward-looking statements from time to time. Neither the Company nor PIML undertake to update any forward-looking statement to reflect events or circumstances after the date of this presentation, subject to disclosure obligations under the applicable law and ASX listing rules.
Neither the Company, PIML nor any company in the Perpetual Group guarantees the performance of, or any return on an investment made in, the Company. Perpetual Group means Perpetual Limited ABN 86 000 431 827 and its subsidiaries. Past performance is not indicative of future performance.