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.
The S&P/ASX 200 (INDEXASX: XJO) is tipped to open slightly higher this morning. Here’s why Perpetual (ASX: PPT), Healius (ASX: HLS) and Estia (ASX: EHE) shares are making headlines.
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.
