Future Generation Australia Limited (ASX:FGX) Insider Geoffrey(Geoff) Wilson Buys 41,046 Shares

Future Generation Australia Limited (ASX:FGX) insider Geoffrey(Geoff) Wilson bought 41,046 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was acquired at an average cost of A$1.23 ($0.80) per share, with a total value of A$50,404.49 ($32,730.19).

Future Generation Australia Stock Performance

Future Generation Australia Increases Dividend

The business also recently disclosed a Interim dividend, which was paid on Monday, October 28th. Investors of record on Monday, October 28th were given a dividend of $0.035 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This is an increase from Future Generation Australia’s previous Interim dividend of $0.03. This represents a yield of 2.77%. Future Generation Australia’s payout ratio is presently 58.33%.

Future Generation Australia Company Profile

Future Generation Investment Fund Limited is a closed ended fund of fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund is co-managed by Bennelong Long Short Equity Management Pty Limited, Cooper Investors Pty Limited,Bennelong Australian Equity Partners Pty Ltd,Discovery Asset Management Pty Ltd,Eley Griffiths Group Pty Limited, Eley Griffiths Group Pty Limited, Kingston Funds Management Pty Limited, Lanyon Asset Management Pty Limited, LHC Capital Pty Ltd, Optimal Fund Management Australia Pty Ltd.