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Future Generation Australia Limited Stapled Security ( (AU:FGX) ) just unveiled an update.
Future Generation Australia Limited has announced an increase in its fully franked interim dividend to 3.6 cents per share, marking the tenth consecutive year of dividend growth. This decision reflects the company’s confidence in its investment portfolio, which has shown a 10.8% performance over the past year, outperforming major indices with less risk. The company’s strategy of focusing on small and mid-cap companies has been successful, providing a sustainable and growing income stream for shareholders amid macroeconomic uncertainties.
More about Future Generation Australia Limited Stapled Security
Future Generation Australia Limited Stapled Security is an investment company that focuses on long-term investment portfolios. The company is known for its unique structure and commitment to delivering fully franked dividends to shareholders. It collaborates with leading Australian fund managers to invest in high-quality small and mid-cap companies, aiming to outperform the market with less risk.
Average Trading Volume: 291,804
Technical Sentiment Signal: Strong Buy
For detailed information about FGX stock, go to TipRanks’ Stock Analysis page.