Future Generation Australia Limited (ASX:FGX) to Issue Dividend Increase – $0.04 Per Share

Future Generation Australia Limited (ASX:FGX) announced a final dividend on Monday, March 3rd, MarketIndexAU Dividends reports. Investors of record on Tuesday, May 20th will be paid a dividend of 0.035 per share on Tuesday, May 20th. This represents a dividend yield of 2.76%. The ex-dividend date is Wednesday, May 7th. This is a positive change from Future Generation Australia’s previous final dividend of $0.03.

Future Generation Australia Stock Performance

The firm has a market cap of $519.58 million, a price-to-earnings ratio of 10.70 and a beta of 0.58.

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.