Australian Foundation Investment Co.Ltd. (ASX:AFI) is Australia’s largest listed investment company (LIC). It was established in 1928 and invests in Australian shares for its shareholders. AFIC aims to pay a growing stream of fully franked dividends and enhancement of capital invested over the medium to long term.
Australian Foundation Investment Company (AFIC) (ASX:AFI) has announced its FY20 result and declared its final dividend. The AFIC share price is up 0.65%.
The S&P/ASX 200 (ASX: XAO) was trading 1.67% higher on Tuesday, with shares of Xero Limited (ASX:XRO), Harvey Norman Holdings Limited (ASX:HVN) and Australian Foundation Investment Co.Ltd. (ASX:AFI) moving the Australian share market.
The Australian Foundation Investment Company commonly referred to as AFIC (ASX:AFI) held a shareholding meeting earlier this week. Here’s what I took from it.
Australian Foundation Investment Co.Ltd. (ASX:AFI) has revealed three ASX investment ideas.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.14% at lunch.
Is the Australian Foundation Investment Co.Ltd. (ASX:AFI) share price a buy for its FY19 result?
After the surprise election win by the Coalition in May, many investors expected a return to favour for ASX LICs.
The listed investment company (LIC) industry is rising as investors celebrate keeping their franking credits.
It has been widely discussed over the last year that SMSF investors are concerned about possible changes to the treatment of franking credits. Many LICs
