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AFIC Announces Estimated NTA Backing Per Share

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AFIC Announces Estimated NTA Backing Per Share

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An announcement from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) is now available.

Australian Foundation Investment Company Limited has announced its estimated net tangible asset (NTA) backing per share as of February 7, 2025, to be $8.37, compared to the ASX closing share price of $7.42 on the same day. This NTA reflects the market value of investments and accounts for an interim dividend, underscoring AFIC’s commitment to providing value to its shareholders through steady dividend provisions.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on long-term investments in Australian companies. It is one of the largest listed investment companies on the Australian Securities Exchange, providing investors with diversified exposure to the Australian equity market.

Technical Sentiment Consensus Rating: Buy

See more data about AFI stock on TipRanks’ Stock Analysis page.

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