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AFIC Announces Special Dividend Amid Strong Franking Credit Position

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AFIC Announces Special Dividend Amid Strong Franking Credit Position

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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an announcement.

Australian Foundation Investment Company Limited has announced its intention to distribute a special dividend of 2.5 cents per share, fully franked, alongside its interim and final dividends for 2026. This decision reflects the company’s substantial franking credit balance, accumulated through realized capital gains, and aims to benefit shareholders without affecting ordinary dividends. Additionally, the board will consider further capital management initiatives for the next financial year, taking into account the franking credits and realized capital gains.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited operates in the investment industry, focusing on managing a diversified portfolio of Australian equities. The company aims to provide shareholders with attractive investment returns through a balance of capital and dividend growth.

YTD Price Performance: -1.34%

Average Trading Volume: 498,732

Technical Sentiment Signal: Hold

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

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