Insider Buying: Future Generation Australia Limited (ASX:FGX) Insider Acquires 41,046 Shares of Stock

Future Generation Australia Limited (ASX:FGX) insider Geoffrey(Geoff) Wilson purchased 41,046 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was bought at an average price 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 announced a Interim dividend, which was paid on Monday, October 28th. Stockholders of record on Monday, October 28th were issued a $0.035 dividend. This is a positive change from Future Generation Australia’s previous Interim dividend of $0.03. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a dividend yield of 2.77%. Future Generation Australia’s dividend payout ratio is presently 58.33%.

Future Generation Australia Company Profile

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.