Stephanie Lai Buys 100,000 Shares of Future Generation Australia Limited (ASX:FGX) Stock

Future Generation Australia Limited (ASX:FGX) insider Stephanie Lai purchased 100,000 shares of the stock in a transaction dated Monday, October 28th. The shares were bought at an average price of A$1.22 ($0.80) per share, with a total value of A$121,500.00 ($79,934.21).

Future Generation Australia Stock Performance

Future Generation Australia Increases Dividend

The business also recently disclosed a Interim dividend, which was paid on Monday, October 28th. Investors of record on Monday, October 28th were issued a $0.035 dividend. This represents a yield of 2.77%. This is an increase from Future Generation Australia’s previous Interim dividend of $0.03. The ex-dividend date was Tuesday, October 15th. Future Generation Australia’s dividend payout ratio is presently 58.33%.

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.