Future Generation Australia Limited (ASX:FGX) Plans Final Dividend of $0.03

Future Generation Australia Limited (ASX:FGX) announced a final dividend on Tuesday, April 16th, MarketIndexAU reports. Investors of record on Tuesday, May 21st will be given a dividend of 0.034 per share on Tuesday, May 21st. This represents a dividend yield of 2.82%. The ex-dividend date is Wednesday, May 8th. This is a boost from Future Generation Australia’s previous final dividend of $0.03.

Future Generation Australia Stock Performance

Insider Activity

In other Future Generation Australia news, insider Geoffrey(Geoff) Wilson bought 37,562 shares of the company’s stock in a transaction on Thursday, March 14th. The shares were bought at an average price of A$1.18 ($0.76) per share, for a total transaction of A$44,323.16 ($28,595.59). In the last three months, insiders bought 131,560 shares of company stock valued at $152,019. Insiders own 13.53% of the company’s stock.

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.