Australian Foundation Investment Company Limited (ASX:AFI – Get Free Report) insider Julie Fahey acquired 4,119 shares of the stock in a transaction dated Monday, April 15th. The stock was bought at an average price of A$7.29 ($4.70) per share, for a total transaction 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 current ratio of 7.50 and a quick ratio of 1.73.
Australian Foundation Investment Increases Dividend
The firm also recently declared a Interim dividend, which was paid on Sunday, February 25th. Investors of record on Sunday, February 25th were given a dividend of $0.115 per share. The ex-dividend date was Thursday, February 1st. This is a positive change from Australian Foundation Investment’s previous Interim dividend of $0.11. This represents a yield of 1.54%. Australian Foundation Investment’s dividend payout ratio is 95.83%.
About Australian Foundation Investment
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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