Future Generation Australia Limited (ASX: $FGX) has released its annual results for the year ended 31 December 2023. The company's investment portfolio increased by 13.1% in FY2023, outperforming the S&P/ASX All Ordinaries Accumulation Index and the S&P/ASX Small Ordinaries Accumulation Index. The fully franked full year dividend for FY2023 is 6.7 cents per share, providing shareholders with a fully franked dividend yield of 6.1% and a grossed-up dividend yield of 8.7%. Shareholders are invited to the hybrid Annual General Meeting on Tuesday, 7 May 2024, at the Museum of Sydney.
The company's primary investment objectives are to provide shareholders with fully franked dividends, achieve long-term capital growth, and preserve shareholder capital. We are pleased to report a 13.1% increase in our investment portfolio, outperforming relevant market indexes. Our commitment to supporting social impact partners focused on children and youth at risk remains unwavering, with significant investments in various programs and initiatives. We look forward to engaging with our shareholders at the upcoming Annual General Meeting.
Future Generation Australia Limited (FGX) has reported on its social impact initiatives and financial performance for the year ended 31 December 2023. The company's investment portfolio increased by 13.1%, outperforming relevant market indexes, and the fully franked full year dividend for FY2023 is 6.7 cents per share. Shareholders are invited to the hybrid Annual General Meeting on Tuesday, 7 May 2024. The company's commitment to social impact and its financial performance demonstrate its dedication to creating positive change while delivering strong results for its shareholders.