FUTURE GENERATION AUSTRALIA LIMITED The Board of Directors announces a fully franked 2.0 cents per share maiden interim dividend
Since inception the portfolio has increased 12.1%, outperforming the S&P/ASX All Ordinaries Accumulation Index by 13.4% as at 30 November 2015
Outstanding performance since inception delivered with significantly less volatility than the market, 8.1% against 14.4% for the period.
Today, the Board of Directors of Future Generation Investment Company Limited ('FGX' or the 'Company') announces a fully franked 2.0 cents per share interim dividend to shareholders.
The interim dividend announcement follows the payment of the Company's final fully franked dividend of 2.0 cents per share on 23 October 2015 and a $1.64 million donation to supported charities on 12 October 2015.
FGX Chairman Jonathan Trollip said the Board was pleased to deliver shareholders a fully franked interim dividend.
"Last calendar year the Company donated $1.64 million to Australian charities, focused on changing the lives of our most vulnerable children, and also paid its first dividend to shareholders," Mr Trollip said.
"The Board is pleased to begin this calendar year with the announcement of a fully franked 2.0 cents per share interim dividend, a first for the Company," he said.
FGX Founder and Director Geoff Wilson thanked the fund managers for their contribution to FGX shareholders and designated charities.
"Thanks to the excellent performance of FGX's fund managers, the Company is in a strong position to reward shareholders and support the outstanding work of our designated charities," Mr Wilson said.
FGX is investigating providing shareholders with a facility to elect to have all or part of their dividends applied on their behalf to one or more of the FGX designated charities. The Company hopes to have this facility in place for this interim dividend.
Last date to exercise options to be eligible for interim dividend | 7 April 2016 |
Ex date | 13 April 2016 |
Record date | 14 April 2016 |
Last election date for dividend reinvestment plan | 15 April 2016 |
Payment date | 29 April 2016 |
Option expiry date | 17 September 2016 |
Future Generation Investment Company Limited (ASX: FGX) offers investors the opportunity to gain unprecedented access to prominent Australian fund managers through a single ASX-listed investment vehicle and also support Australian non-profits focussed on children at risk. The Company offers diverse exposure to Australian equities through a range of different investment styles and strategies employed by its fund managers. Future Generation Investment Company Limited charges 0.0% management fees and 0.0% performance fees and donates 1.0% of its assets each year to Australian charities, particularly those supporting children at risk. The Company's investment objectives are to: provide a stream of fully franked dividends; to achieve capital growth; and preserve shareholder capital.
For more information visit www.futuregeninvest.com.au
For further information, please contact: | |||
Jonathan Trollip Chairman (02) 9247 6755 | Geoff Wilson Director (02) 9247 6755 | Sarah Maddox Joint Company Secretary (02) 9258 4909 | James McNamara Corporate Affairs 0416 734 080 |
Australian Infrastructure Fund Limited issued this content on 2016-01-12 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 22:04:10 UTC
Original Document: https://www.hastingsinfra.com/documents/aix/10490
