Australian Foundation Investment Company Limited Declares AU$0.145 Dividend

Jul 29, 2024

Australian Foundation Investment Company Limited (ASX: AFI) has announced a dividend of AU$0.145 per fully paid ordinary share. The dividend relates to the six months ending 30 June 2024. Key dates include an ex-date of 14 August 2024, a record date of 15 August 2024, and a payment date of 30 August 2024. Shareholders can elect to participate in the Dividend Reinvestment Plan (DRP) or the Bonus Security Plan (BSP) by 16 August 2024.

New Zealand and UK shareholders will receive dividends converted to NZD and GBP, respectively. The dividend is fully franked at 100%, with a corporate tax rate of 30%. The DRP and BSP prices will be set based on the volume-weighted average price of AFI shares traded on the ASX and Cboe over five trading days post-ex-dividend. No discount will be applied to the DRP or BSP prices. Shareholders can find additional details and necessary forms on the company's website.

 

 

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