Katherine (Kate) Thorley Buys 8,250 Shares of Future Generation Australia Limited (ASX:FGX) Stock

Future Generation Australia Limited (ASX:FGX) insider Katherine (Kate) Thorley bought 8,250 shares of the business’s stock in a transaction that occurred on Monday, May 19th. The shares were acquired at an average price of A$1.22 ($0.79) per share, for a total transaction of A$10,023.75 ($6,508.93).

Future Generation Australia Price Performance

The firm has a market capitalization of $519.58 million, a PE ratio of 10.70 and a beta of 0.58.

Future Generation Australia Increases Dividend

The company also recently declared a Final dividend, which was paid on Tuesday, May 20th. Shareholders of record on Tuesday, May 20th were issued a $0.035 dividend. The ex-dividend date was Wednesday, May 7th. This represents a yield of 2.76%. This is a positive change from Future Generation Australia’s previous Final dividend of $0.03. 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.