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Rio declares record dividend worth $23.2b

Platinum Asset Management profit falls

Platinum Asset Management first-half profit fell 33.7 per cent to $59.97 million and revenue decreased 22.8 per cent to $128.7 million. An interim dividend of 10¢ a share, fully franked, will be paid March 18, down from 12¢.

Average funds under management for the interim period was $22.5 billion, up 1 per cent. Negative investment returns of $0.5 billion and outflows of $0.9 billion were recorded during the December half.

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    Original URL: https://www.afr.com/markets/equity-markets/asx-to-fall-oil-nears-us100-rio-woolies-to-report-20220223-p59ytk