AFIC Profit Slips as Portfolio Lags Market but Dividends Hold Firm

The latest update is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).

Australian Foundation Investment Company reported a 4.6% decline in half-year profit after tax to $147.0 million for the six months to 31 December 2025, as revenue from operating activities fell 2.8% to $168.7 million and investment income softened to $160.6 million amid lower dividends from major holdings such as BHP, Woodside Energy and Woolworths, as well as reduced positions in Commonwealth Bank and Wesfarmers. Despite underperforming the S&P/ASX 200 Accumulation Index with a negative 2.0% portfolio return for the half-year and a 1.2% return over 12 months, AFIC maintained its shareholder payout with a fully franked interim dividend of 12.0 cents per share plus a 2.5 cent special dividend, continued to offer its DRP and DSSP (with an intention, subject to market conditions, to buy back the shares issued under these plans), and reported lower net tangible assets per share of $7.90 compared with $8.24 a year earlier.

The most recent analyst rating on (AU:AFI) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on Australian Foundation Investment Co. Ltd. stock, see the AU:AFI Stock Forecast page.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) is a listed investment company focused on building a diversified portfolio of Australian equities, providing shareholders with long-term capital growth and dividend income. It invests primarily in large, quality Australian companies and is a longstanding vehicle for retail and institutional investors seeking exposure to the domestic sharemarket through a professionally managed, low-cost structure.

Average Trading Volume: 435,831

Technical Sentiment Signal: Buy

For a thorough assessment of AFI stock, go to TipRanks’ Stock Analysis page.