Geoffrey(Geoff) Wilson Buys 41,046 Shares of Future Generation Australia Limited (ASX:FGX) Stock

Future Generation Australia Limited (ASX:FGX) insider Geoffrey(Geoff) Wilson acquired 41,046 shares of the company’s stock in a transaction on Monday, November 18th. The stock was purchased at an average cost of A$1.23 ($0.80) per share, for a total transaction of A$50,404.49 ($32,730.19).

Future Generation Australia Stock Performance

Future Generation Australia Increases Dividend

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