Future Generation Investment Co (ASX:FGX) Dividend Payout Ratio : 0.55 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Future Generation Investment Co Dividend Payout Ratio?

Future Generation Investment Co's dividend payout ratio for the months ended in Dec. 2023 was 0.55.

The historical rank and industry rank for Future Generation Investment Co's Dividend Payout Ratio or its related term are showing as below:

ASX:FGX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.67 Max: 1.44
Current: 0.59

During the past 13 years, the highest Dividend Payout Ratio of Future Generation Investment Co was 1.44. The lowest was 0.28. And the median was 0.67.

ASX:FGX's Dividend Payout Ratio is ranked better than
64.42% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs ASX:FGX: 0.59

As of today (2024-05-16), the Dividend Yield % of Future Generation Investment Co is 5.85%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Future Generation Investment Co was 3125.03%. The lowest was 3.19%. And the median was 4.16%.

Future Generation Investment Co's Dividends per Share for the months ended in Dec. 2023 was A$0.03.

During the past 12 months, Future Generation Investment Co's average Dividends Per Share Growth Rate was 4.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 8.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Future Generation Investment Co was 35.00% per year. The lowest was -88.70% per year. And the median was 3.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Future Generation Investment Co Dividend Payout Ratio Historical Data

The historical data trend for Future Generation Investment Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Future Generation Investment Co Dividend Payout Ratio Chart

Future Generation Investment Co Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.83

1.44

0.28

0.58

Future Generation Investment Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.37	-	0.55	0.65	0.55

Competitive Comparison of Future Generation Investment Co's Dividend Payout Ratio

For the Asset Management subindustry, Future Generation Investment Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Future Generation Investment Co's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Future Generation Investment Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Future Generation Investment Co's Dividend Payout Ratio falls into.

Future Generation Investment Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Future Generation Investment Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.066	/	0.113
	=	0.58

Future Generation Investment Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.034	/	0.062
	=	0.55

Future Generation Investment Co (ASX:FGX) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Future Generation Investment Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Future Generation Investment Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Future Generation Investment Co (ASX:FGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Future Generation Investment Co Ltd (ASX:FGX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Governor Phillip Tower, Level 26, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.futuregeninvest.com.au

Future Generation Investment Co Ltd is an investment company. The company's investment objectives are to provide shareholders with a growing stream of fully franked dividends, achieve long-term capital growth and preserve shareholder capital.

Future Generation Investment Co (ASX:FGX) Headlines

No Headlines