Pinnacle Investment Management Group Ltd (ASX: PNI) Share Price and News

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Pinnacle Investment Management Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $2.85 billion
P/E Ratio 36.02
Dividend Yield 2.58%
Shares Outstanding 203.11 million
Earnings per share 0.387
Dividend per share 0.36
Year To Date Return 39.84%
Earnings Yield 2.78%
Franking 100%
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as at 24 Feb 3:44pm

  • Pinnacle Investment Management Group Ltd (ASX: PNI)
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    Frequently Asked Questions

    Yes, Pinnacle historically pays two fully franked dividends a year.

    Pinnacle generally pays its shareholder dividends in March and September.

    Pinnacle Investment Management Group Ltd listed on the ASX on 19 June 2007.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    07 Mar 2024 $0.1560 100.00% Interim 22 Mar 2024
    28 Aug 2023 $0.2040 100.00% Final 15 Sep 2023
    02 Mar 2023 $0.1560 100.00% Interim 17 Mar 2023
    29 Aug 2022 $0.1750 100.00% Final 16 Sep 2022
    03 Mar 2022 $0.1750 100.00% Interim 18 Mar 2022
    30 Aug 2021 $0.1700 100.00% Final 17 Sep 2021
    04 Mar 2021 $0.1170 100.00% Interim 19 Mar 2021
    24 Aug 2020 $0.0850 100.00% Final 11 Sep 2020
    05 Mar 2020 $0.0690 100.00% Interim 20 Mar 2020
    19 Sep 2019 $0.0930 100.00% Final 04 Oct 2019
    07 Mar 2019 $0.0610 100.00% Interim 22 Mar 2019
    20 Sep 2018 $0.0700 100.00% Final 05 Oct 2018
    08 Mar 2018 $0.0460 100.00% Interim 23 Mar 2018
    21 Sep 2017 $0.0000 100.00% Final 06 Oct 2017
    06 Mar 2017 $0.0220 100.00% Interim 17 Mar 2017
    23 Aug 2016 $0.0500 100.00% Special Cash 09 Sep 2016
    16 Mar 2016 $0.0140 100.00% Interim 31 Mar 2016

    PNI ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Pinnacle Investment Management Group Ltd

    Pinnacle Investment Management Group Ltd (ASX: PNI) is an Australian-based multi-affiliate investment management company.

    It provides seed funding, distribution services, and infrastucture support to a network of 15 asset managers, or 'affiliates', globally. These are located in Australia, the UK, and North America. 

    As well as deriving revenue from its services, Pinnacle also earns a share of its affiliates' profits through its equity holdings.

    PNI Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    21 Jun 2024 $14.04 $0.10 0.72% 744,061 $13.96 $14.14 $13.88
    20 Jun 2024 $13.94 $0.28 2.05% 690,468 $13.69 $13.94 $13.66
    19 Jun 2024 $13.66 $0.26 1.94% 480,789 $13.41 $13.77 $13.32
    18 Jun 2024 $13.40 $0.13 0.98% 415,370 $13.40 $13.45 $13.30
    17 Jun 2024 $13.27 $-0.09 -0.67% 283,917 $13.36 $13.40 $13.24
    14 Jun 2024 $13.36 $0.01 0.07% 240,729 $13.31 $13.37 $13.25
    13 Jun 2024 $13.35 $0.20 1.52% 849,959 $13.36 $13.47 $13.24
    12 Jun 2024 $13.15 $-0.05 -0.38% 293,535 $13.19 $13.29 $13.14
    11 Jun 2024 $13.20 $-0.11 -0.83% 534,210 $13.01 $13.26 $12.92
    07 Jun 2024 $13.31 $0.15 1.14% 411,062 $13.22 $13.41 $13.19
    06 Jun 2024 $13.16 $0.09 0.69% 656,798 $13.18 $13.25 $13.11
    05 Jun 2024 $13.07 $-0.03 -0.23% 831,151 $13.30 $13.30 $13.02
    04 Jun 2024 $13.10 $-0.38 -2.82% 503,891 $13.45 $13.46 $13.04
    03 Jun 2024 $13.48 $0.30 2.28% 457,025 $13.19 $13.48 $13.11
    31 May 2024 $13.18 $0.12 0.92% 1,127,705 $13.10 $13.18 $12.97
    30 May 2024 $13.06 $-0.15 -1.14% 418,682 $13.10 $13.34 $13.06
    29 May 2024 $13.21 $0.12 0.92% 607,144 $13.02 $13.28 $13.00
    28 May 2024 $13.09 $-0.30 -2.24% 1,226,897 $13.39 $13.42 $13.03
    27 May 2024 $13.39 $0.34 2.61% 349,945 $13.16 $13.39 $13.16
    24 May 2024 $13.05 $0.06 0.46% 245,767 $12.92 $13.08 $12.81
    23 May 2024 $12.99 $0.04 0.31% 435,836 $12.84 $13.07 $12.81

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    29 May 2024 Andrew Chambers Sell 1,150,000 $14,997,246
    On-market trade.
    30 Oct 2023 Andrew Chambers Issued 100,000 $780,720
    Issue of securities.
    28 Jul 2023 Deborah Beale Sell 15,000 $155,601
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Ian Macoun Managing Director Aug 2016
    Mr Macoun was appointed Managing Director of the Company on 17 August 2016 and an Executive Director on 25 August 2016, having been the Managing Director and Chair of PIML since 2006. Mr Macoun's career to date has included more than 30 years as the CEO and chief investment officer of investment management firms, including the establishment of Australia's first "multi-boutique" funds management firm (Perennial Investment Partners - founding Managing Director from 1998), building a new investment corporation (Queensland Investment Corporation (QIC) - inaugural Chief Executive from 1988), and the management of a Australian bank's investment operation (Westpac Investment Management, Managing Director from 1993).
    Mr Alan James David Watson Non-Executive DirectorNon-Executive Chairman Jul 2013
    Mr Watson worked in investment banking, accumulating over 30 years of experience within various global equity markets. During this period, he was responsible for starting and leading several securities businesses both in Europe and Asia, advising many companies on capital structuring, initial public offerings, takeovers and mergers and investment relations strategies. Mr Watson held positions as Managing Director at Barclays de Zoete Wedd Limited, Donaldson, Lufkin and Jenrette Securities Corporation, at Lehman Brothers Holdings Inc and as Head of Securities Europe for Macquarie Capital (Europe) Ltd., concluding his executive career in 2011. He is also the member of Compliance and Risk Management Committee.
    Ms Deborah Beale Non-Executive Director Sep 2016
    Ms Beale began her working career in the finance industry where she was employed by Merrill Lynch for over a decade. She then moved to Ernst and Young where she specialized in risk management, governance, and public and government relations. Ms Beale also served and continues to serve on several government, public, private, and not-for-profit boards. Her experience includes the areas of finance, corporate governance, risk management, government, and public relations. Ms Beale is also the Chair of the Melbourne Convention Bureau and a director of Visit Victoria. She is also the member of the Compliance and Risk Management Committee.
    Mr Andrew Chambers Executive Director Sep 2016
    Mr Chambers was appointed Executive Director of the Company on 1 September 2016 and is Head of Institutional and International Distribution. He has been a senior executive with PIML since he commenced with the firm in March 2008. Mr Chambers has multi-channel (retail, wholesale and institutional) and multi-jurisdictional distribution experience and is currently responsible for leading the firm's institutional and international distribution divisions. Prior to joining Pinnacle, Mr Chambers worked for Franklin Templeton, multi-affiliate investment management firms.
    Ms Lorraine Berends Non-Executive Director Sep 2018
    Ms Berends has worked in the financial services industry for over 40 years and possesses experience in both investment management and superannuation. Before moving to a non-executive career in 2014, she worked for 15 years with US based investment manager Marvin and Palmer Associates. Ms Berends contributed to industry associations throughout her executive career, serving on the boards of the Investment Management Consultants Association (IMCA Australia, now the CIMA Society of Australia) for 13 years (7 as Chair) and the Association of Superannuation Funds Australia (ASFA) for 12 years (3 as Chair). Ms Berends has been awarded Life Membership of both the CIMA Society and ASFA. She is also the Chair of the Risk Management
    Committee.
    Mr Calvin Kwok Legal CounselCompany Secretary Jun 2017
    -
    Dan Longan Chief Financial Officer
    -
    Calvin Kwok Legal CounselCompany Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 41,761,406 20.76%
    J P Morgan Nominees Australia Pty Limited 21,573,524 10.72%
    Citicorp Nominees Pty Limited 14,665,698 7.29%
    Macoun Generation Z Pty Ltd 13,993,985 6.96%
    National Nominees Limited 6,258,516 3.11%
    Andrew Chambers & Fleur Chambers 5,303,614 2.64%
    Mr Alexander William Macdonald 5,045,090 2.51%
    Macoun Superannuation Pty Ltd 3,882,092 1.93%
    BNP Paribas Noms Pty Ltd 3,707,535 1.84%
    HSBC Custody Nominees (Australia) Limited i 3,017,882 1.50%
    Mr David Francis Cleary 2,807,149 1.40%
    Mr David Noel Groth 2,801,224 1.39%
    Vestinoz Pty Ltd 2,752,766 1.37%
    Earlston Nominees Pty Ltd 2,450,000 1.22%
    Kinauld Pty Ltd 2,000,000 0.99%
    Mr Mark Bryant Cormack and Mrs Melanie Louise Cormack 1,999,293 0.99%
    Warragai Investments Pty Ltd 1,950,000 0.97%
    Kinauld Pty Ltd i 1,900,000 0.94%
    Ms Alison Jane Fraser 1,346,657 0.67%
    Mr Adrian Whittingham 1,228,614 0.61%

    Profile

    since

    Note