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The latest announcement is out from Future Generation Global Limited ( (AU:FGG) ).
Future Generation Global Limited has announced a significant outperformance of its investment portfolio, achieving a 20.8% increase over the past 12 months, which surpasses the MSCI AC World Index by 2.8%. This strong performance has allowed the company to increase its fully franked interim dividend to 4.0 cents per share, reflecting an annualised yield of 5.3% and a grossed-up yield of 7.6%, both considerably higher than global and US equity market averages. The company’s sustainable business model has enabled it to consistently increase dividends over the past six years, providing shareholders with a reliable income stream. The strategic adjustments and disciplined investment approach have been credited for the company’s ability to deliver strong returns with less risk during volatile market conditions.
More about Future Generation Global Limited
Future Generation Global Limited operates in the investment industry, focusing on providing shareholders with fully franked dividends through a carefully managed investment portfolio. The company is known for its unique structure and commitment to delivering consistent income and capital growth to its stakeholders.
Average Trading Volume: 327,633
Technical Sentiment Signal: Buy
For detailed information about FGG stock, go to TipRanks’ Stock Analysis page.