Australian Foundation Investment Company Limited (ASX:AFI) Raises Dividend to $0.11 Per Share

Australian Foundation Investment Company Limited (ASX:AFIGet Rating) announced a interim dividend on Tuesday, January 24th, MarketIndexAU reports. Shareholders of record on Thursday, February 23rd will be given a dividend of 0.11 per share on Thursday, February 23rd. This represents a yield of 1.44%. The ex-dividend date of this dividend is Wednesday, February 1st. This is a positive change from Australian Foundation Investment’s previous interim dividend of $0.10.

Australian Foundation Investment Stock Performance

The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.14.

About Australian Foundation Investment

(Get Rating)

Australian Foundation Investment Company Limited is a publicly owned investment manager. The firm invests in the public equity markets of Australia and New Zealand. It invests in value stocks of companies. It benchmarks the performance of its portfolio against S&P/ASX 200 Accumulation Index. It invests in companies across diversified industries.

Featured Articles

Dividend History for Australian Foundation Investment (ASX:AFI)

Receive News & Ratings for Australian Foundation Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Australian Foundation Investment and related companies with MarketBeat.com's FREE daily email newsletter.