Pengana’s international ethical LIC just keeps getting better
PIA, Australia’s largest international ethical LIC, has announced an increase to its latest fully franked quarterly dividend. The Listed Investment Company has sufficient franking credits available to fully frank an annual 5.4 cents per share dividend through to FY2024. The newly employed investment strategy, under Harding Loevner, is backed by a 32-year track record of consistent market outperformance.
PIA provides Australian retail investors exclusive access to Harding Loevner’s extensive global expertise, usually only accessible to institutional investors. Through this partnership, PIA invests in high-quality, growing companies identified through fundamental research with a long-term, global perspective, and a robust ethical framework.
We recently sat down with the investment team to learn more about their unique approach to making investment decisions.
.png)
1 stock mentioned