AFI News: Australian Foundation Investment (ASX:AFI) Is Increasing Its Dividend To A$0.145 - 1st Aug 2024, 6:19am

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Australian Foundation Investment Company Limited (ASX:AFI) has announced that it will be increasing its periodic dividend on the 30th of August to A$0.145, which will be 3.6% higher than last year's comparable payment amount of A$0.14. The payment will take the dividend yield to 3.5%, which is in line with the average for the industry.

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Australian Foundation Investment Is Paying Out More Than It Is Earning

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