Australian Foundation Investment Company Limited (ASX:AFI – Get Free Report) insider Julie Fahey bought 4,119 shares of the stock in a transaction on Monday, April 15th. The stock was purchased at an average cost of A$7.29 ($4.70) per share, with a total value of A$30,027.51 ($19,372.59).
Australian Foundation Investment Price Performance
The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.73 and a current ratio of 7.50.
Australian Foundation Investment Increases Dividend
The firm also recently announced a Interim dividend, which was paid on Sunday, February 25th. Investors of record on Sunday, February 25th were given a $0.115 dividend. The ex-dividend date of this dividend was Thursday, February 1st. This represents a yield of 1.54%. This is an increase from Australian Foundation Investment’s previous Interim dividend of $0.11. Australian Foundation Investment’s dividend payout ratio (DPR) is 95.83%.
Australian Foundation Investment Company Profile
Australian Foundation Investment Company Limited is a publicly owned investment manager. The firm invests in the public equity markets of Australia and New Zealand. It invests in value stocks of companies. It benchmarks the performance of its portfolio against S&P/ASX 200 Accumulation Index. It invests in companies across diversified industries.
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