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AFI — Australian Foundation Investment News Story

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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)

((anjali.singh2@thomsonreuters.com;))

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