Australian Foundation Investment hits over 2-week high on dividend announcement
BUZZ-Australian Foundation Investment hits over 2-week high on dividend announcement ** Shares of Australian Foundation Investment Company AFI.AX rise as much as 2.1% to A$6.79, highest level since September 14
** Investment company announces ordinary dividend of 27 Australian cents per share for FY27 and special dividend of 10 Australian cents, both fully franked
** Announces dividends will be paid quarterly, effective immediately
** Stock down ~6% YTD, including the session's moves
(Reporting by Anjali Singh in Bengaluru)
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