Australian Foundation Investment Company Limited

ASX:AFI Stock Report

Market Cap: AU$9.3b

Australian Foundation Investment Dividends and Buybacks

Dividend criteria checks 3/6

Australian Foundation Investment is a dividend paying company with a current yield of 3.5%.

Key information

3.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth-2.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareAU$0.260
Payout ratio109%

Recent dividend and buyback updates

Australian Foundation Investment's (ASX:AFI) Upcoming Dividend Will Be Larger Than Last Year's

Aug 02
Australian Foundation Investment's (ASX:AFI) Upcoming Dividend Will Be Larger Than Last Year's

Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115

Jan 27
Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115

Recent updates

Australian Foundation Investment Company Limited's (ASX:AFI) Shareholders Might Be Looking For Exit

Nov 29
Australian Foundation Investment Company Limited's (ASX:AFI) Shareholders Might Be Looking For Exit

Most Shareholders Will Probably Agree With Australian Foundation Investment Company Limited's (ASX:AFI) CEO Compensation

Sep 26
Most Shareholders Will Probably Agree With Australian Foundation Investment Company Limited's (ASX:AFI) CEO Compensation

Australian Foundation Investment's (ASX:AFI) Upcoming Dividend Will Be Larger Than Last Year's

Aug 02
Australian Foundation Investment's (ASX:AFI) Upcoming Dividend Will Be Larger Than Last Year's

There's Reason For Concern Over Australian Foundation Investment Company Limited's (ASX:AFI) Price

Jun 07
There's Reason For Concern Over Australian Foundation Investment Company Limited's (ASX:AFI) Price

Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115

Jan 27
Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: AFI's dividends per share have been stable in the past 10 years.

Growing Dividend: AFI's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Australian Foundation Investment Dividend Yield vs Market
How does AFI dividend yield compare to the market?
SegmentDividend Yield
Company (AFI)3.5%
Market Bottom 25% (AU)2.7%
Market Top 25% (AU)6.1%
Industry Average (Capital Markets)3.1%
Analyst forecast (AFI) (up to 3 years)n/a

Notable Dividend: AFI's dividend (3.5%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).

High Dividend: AFI's dividend (3.5%) is low compared to the top 25% of dividend payers in the Australian market (6.11%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (109.5%), AFI's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (112.6%), AFI's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 10:53
End of Day Share Price 2024/12/27 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Australian Foundation Investment Company Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sally CampbellGoldman Sachs & Partners Australia Pty Ltd