Future Generation Global (ASX: FGG) announces +49% increased fully franked full year dividend including a special dividend
The Future Generation Global (ASX: FGG) Board of Directors is pleased to declare a 49% increase in dividends payable for 2025, with the fully franked final dividend being 4.0 cents per share, taking the full year dividend to 8.0 cents per share together with a special fully franked dividend of 3.0 cents per share.
The fully franked full year dividend of 8.0 cents per share provides a fully franked dividend yield of 5.3%* and a grossed-up dividend yield of 7.6%*. When including the 3.0 cents per share special fully franked dividend, the fully franked dividend yield increases to 7.3%*, with a grossed-up dividend yield of 10.4%*, which is significantly higher than the global equity market yield^. Future Generation Global’s share price increased during the year contributing to a total shareholder return of 16.2%, including the value of franking credits. In the 12 months to 31 December 2025 the investment portfolio increased 11.5%#. The Future Generation Global investment portfolio is managed by 16 leading pro bono fund managers that offer diversification across a range of investment styles and strategies.
Future Generation Chief Investment Officer Lee Hopperton said, “Future Generation Global’s professionally constructed portfolio has delivered investment performance of 18.1%# per annum over the past three years, providing solid investment returns with lower concentration risk and volatility**.”
Future Generation Global Chair Jennifer Westacott said, "Future Generation Global has increased its dividend every year for the past seven years. The increased fully franked full year dividend of 8.0 cents per share and the special fully franked dividend of 3.0 cents per share demonstrates the sustainability of the Company’s structure and its strong financial position, while recognising the strong investment performance delivered to shareholders over the past three years.”
*Based on the 6 February 2026 closing share price of $1.5075 per share. Grossed-up dividend yield includes the value of franking credits and is based on a tax rate of 30.0%.
^Based on the MSCI World Index dividend yield at 31 December 2025. #Investment portfolio performance is before expenses, fees and taxes. Future Generation Global’s financial year is from 1 January to 31 December.
**Volatility is a statistical measure of the dispersion of returns for a given security or market index. Volatility is measured by standard deviation, and can be thought of as an assessment of the risk in the investment portfolio. In most cases, the higher the volatility, the riskier the investment.
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