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AFIC Boosts Interim Dividend as Portfolio Outperforms Market Over 12 Months
9:52am on Wednesday 22nd of January, 2025 AEDT
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Financial Services
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AFIC Boosts Interim Dividend as Portfolio Outperforms Market Over 12 Months
9:52am on Wednesday 22nd of January, 2025 AEDT
Key Points
Half-year profit after tax up 2.7% to $154.2 million
Interim dividend increased to 12.0 cents per share, fully franked
12-month portfolio return of 13.2%, outperforming S&P/ASX 200 Accumulation Index
Strategic portfolio adjustments including increased holdings in BHP, Woodside, Telstra
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Australian Foundation Investment Company (ASX:AFI)
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