Australian Foundation Investment Company Limited (ASX:AFI) Plans Final Dividend of $0.15

Australian Foundation Investment Company Limited (ASX:AFI) declared a final dividend on Thursday, August 1st, MarketIndexAU reports. Shareholders of record on Thursday, August 29th will be given a dividend of 0.145 per share on Thursday, August 29th. This represents a yield of 1.94%. The ex-dividend date of this dividend is Tuesday, August 13th. This is a boost from Australian Foundation Investment’s previous final dividend of $0.14.

Australian Foundation Investment Price Performance

The company has a quick ratio of 1.73, a current ratio of 7.50 and a debt-to-equity ratio of 0.12.

Australian Foundation Investment Company Profile

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.