Future Generation Australia Limited (FGX) to Issue Final Dividend of $0.03 on May 21st

Future Generation Australia Limited (ASX:FGX) announced a final dividend on Tuesday, April 16th, MarketIndexAU reports. Stockholders of record on Tuesday, May 21st will be paid a dividend of 0.034 per share on Tuesday, May 21st. This represents a dividend yield of 2.82%. The ex-dividend date of this dividend is Wednesday, May 8th. This is an increase from Future Generation Australia’s previous final dividend of $0.03.

Future Generation Australia Price Performance

Insider Activity

In other news, insider Geoffrey(Geoff) Wilson purchased 37,562 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The shares were acquired at an average cost of A$1.18 ($0.78) per share, with a total value of A$44,323.16 ($29,159.97). In the last three months, insiders acquired 131,560 shares of company stock worth $152,019. 13.53% of the stock is currently owned by insiders.

About Future Generation Australia

Future Generation Investment Fund Limited is a closed ended fund of fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund is co-managed by Bennelong Long Short Equity Management Pty Limited, Cooper Investors Pty Limited,Bennelong Australian Equity Partners Pty Ltd,Discovery Asset Management Pty Ltd,Eley Griffiths Group Pty Limited, Eley Griffiths Group Pty Limited, Kingston Funds Management Pty Limited, Lanyon Asset Management Pty Limited, LHC Capital Pty Ltd, Optimal Fund Management Australia Pty Ltd.