Future Generation Australia Limited Stapled Security (AU:FGX) has released an update.
Future Generation Australia Limited reported a robust financial performance for FY2023, with a 13.1% increase in their investment portfolio, surpassing both key Australian market indexes while maintaining lower volatility. The company declared a higher fully franked dividend yield of 6.1%, backed by a strong profits reserve, ensuring a steady dividend stream for shareholders. Besides financial growth, the firm also reinforced its dual-purpose model by contributing over $37.8 million to social causes, thanks to fee waivers from fund managers and service providers.
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