A pair of charitable listed investment companies established by Geoff Wilson have bucked the trend of lower, flat or no dividends and pumped up the interim dividends for income-starved shareholders.
The local and international investment vehicles Future Generation Australia and Future Generation Global will ramp up distributions by 8.3 per cent to 2.6¢ a share and 33.3 per cent to 2¢ a share respectively.
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James Frost writes about banking, funds management and superannuation. Based in Melbourne, James has been reporting on specialist business and finance topics for 15 years. Connect with James on Twitter. Email James at james.frost@afr.com
