Future Generation Global Limited has announced a fully franked special dividend of AUD 0.03 per share for the half-year ending December 2025, accompanied by a dividend reinvestment plan with no discount.
- Special dividend of AUD 0.03 per ordinary share
- Dividend fully franked at 30% corporate tax rate
- Ex-date set for 11 June 2026, payment on 26 June 2026
- Dividend Reinvestment Plan (DRP) available with no discount
- New shares issued under DRP will rank pari passu
Special Dividend Announcement
Future Generation Global Limited (ASX, FGG) has declared a special dividend of AUD 0.03 per ordinary share, fully franked, for the six-month period ending 31 December 2025. This announcement, made on 10 February 2026, signals the company’s commitment to returning value to shareholders amid a stable financial backdrop.
The dividend is fully franked at the prevailing corporate tax rate of 30%, meaning shareholders will receive a tax credit alongside their cash payment. The ex-dividend date is set for 11 June 2026, with the record date following on 12 June 2026. Payment of the dividend is scheduled for 26 June 2026.
Dividend Reinvestment Plan Details
In addition to the cash dividend, Future Generation Global offers a Dividend Reinvestment Plan (DRP), allowing shareholders to reinvest their dividends into new shares rather than receiving cash. Notably, the DRP carries no discount to the market price, which will be calculated as the volume weighted average price over four trading days starting from the ex-dividend date.
New shares issued under the DRP will rank equally with existing shares from the date of issue, ensuring reinvested dividends maintain full shareholder rights. Shareholders wishing to participate must lodge their election by 5pm on 16 June 2026.
Implications and Market Context
This special dividend reflects Future Generation Global’s solid financial position and confidence in its ongoing cash flow generation. The fully franked nature of the dividend is particularly attractive to Australian investors seeking tax-efficient income streams. Meanwhile, the availability of a DRP with no discount suggests the company is balancing shareholder returns with capital management, potentially conserving cash while supporting equity base growth.
Investors will be watching closely how the market responds around the ex-dividend date and whether participation in the DRP influences the company’s share price or capital structure in the coming months.
Bottom Line?
Future Generation Global’s fully franked special dividend and DRP offer a clear signal of financial strength, but the zero discount DRP may test shareholder appetite for reinvestment.
Questions in the middle?
- Will Future Generation Global maintain or increase dividend payouts in future periods?
- How will the zero discount DRP affect shareholder participation rates?
- What impact might the dividend and DRP have on the company’s share price and capital structure?