ASX:AFI

Australian Foundation Investment (AFI) Stock Price, News & Analysis

Today's Range
N/A
50-Day Range
N/A
52-Week Range
N/A
Volume
312,382 shs
Average Volume
N/A
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
3.15%
Price Target
N/A
AFI stock logo

About Australian Foundation Investment Stock (ASX:AFI)

Australian Foundation Investment Company Limited is a publicly owned investment manager. The firm invests in the public equity markets of Australia and New Zealand. It invests in value stocks of companies. It benchmarks the performance of its portfolio against S&P/ASX 200 Accumulation Index. It invests in companies across diversified industries. The firm employs fundamental analysis with a focus on bottom-up research to make its investments. The firm conducts in-house research to make its investments. Australian Foundation Investment Company Limited was founded in 1928 and is based in Melbourne, Australia.

AFI Stock News Headlines

The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
AFIC share price wobbles despite dividend hike
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Why is the AFIC share price tumbling today?
See More Headlines
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Company Calendar

Ex-Dividend for 2/25 Dividend
2/01/2024
Dividend Payable
2/25/2024
Today
4/25/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,522
Year Founded
N/A

Profitability

Net Income
$296.29 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$338.79 million
Book Value
A$6.40 per share

Miscellaneous

Outstanding Shares
1,250,000,000
Free Float
N/A
Optionable
Not Optionable
Beta
0.55
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Key Executives

  • Mr. Robert Mark Freeman AMP (INSEAD)
    B.E., Gr.Dip AppFin, M.B.A., MD, CEO & Director
  • Mr. Andrew J. B. Porter F.C.A.
    M.A., M.A.I.C.D., MA (Hons), CFO & Company Secretary
  • Mr. Geoffrey N. Driver B Ec
    GradDip Fin., M.A.I.C.D., General Manager of Business Development & Investor Relations
  • Mr. Matthew John Rowe ACIS
    AGIA, B.A., BA (Hons), FCIS, FGIA, M.S., MSc, Company Secretary
  • David Grace
    Senior Portfolio Manager
  • Mr. Kieran Kennedy C.F.A.
    Investment Analyst
  • Ms. Nga Lucas
    Investment Analyst

AFI Stock Analysis - Frequently Asked Questions

How often does Australian Foundation Investment pay dividends? What is the dividend yield for Australian Foundation Investment?

Australian Foundation Investment announced a Interim dividend on Thursday, February 1st. Investors of record on Sunday, February 25th will be paid a dividend of 0.115 per share on Sunday, February 25th. This represents a yield of 1.54%. The ex-dividend date is Thursday, February 1st. This is a boost from the stock's previous Interim dividend of A$0.11.
Read our dividend analysis for AFI
.

Is Australian Foundation Investment a good dividend stock?

Australian Foundation Investment (ASX:AFI) pays an annual dividend of A$0.23 per share and currently has a dividend yield of 3.15%. The dividend payout ratio is 95.83%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for AFI.

What other stocks do shareholders of Australian Foundation Investment own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Australian Foundation Investment investors own include Woolworths Group (WOW), WAM Microcap (WMI), WAM Capital (WAM), Telstra Group (TLS), Australian United Investment (AUI), Argo Investments (ARG) and Aurelia Metals (AMI).

This page (ASX:AFI) was last updated on 4/25/2024 by MarketBeat.com Staff

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