Australian Foundation Investment, AU000000AFI5

Australian Foundation Investment stock at AUD 6.96 after FY27 plan

Published on 11/13/2026 at 02:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Australian Foundation Investment stock is trading at AUD 6.96 after AFIC outlined its FY27 dividend plan. Quarterly payments are scheduled from November.

Dividend plan and current trading

AFIC intends to determine a fully franked FY27 payout of 37 cents per share, subject to final Board approval and market conditions.
The company is moving to quarterly distributions, with payments scheduled for November, February, May and August 2027.
Portfolio changes include higher exposure to consumer staples and telecommunications, alongside new investments in technology and gold.

Australian Foundation Investment, AU000000AFI5, Illustration mit AI erstellt.

Australian Foundation Investment stock traded at AUD 6.96 on Friday, November 13, 2026, at 11:50 a.m. AEDT. The quote was 0.29 percent above the previous session's AUD 6.94 close.

FY27 payout plan takes shape

At its annual general meeting on October 1, AFIC said it intended to determine a fully franked FY27 dividend of 37 cents per share, subject to final Board approval and no material unforeseen adverse market conditions. The plan comprises an ordinary dividend of 27 cents and a special dividend of 10 cents, according to the company's AGM recap published on October 22.

AFIC also announced a move to quarterly payments, with the first 9.25-cent fully franked distribution scheduled for November. Further payments are planned for February, May and August 2027. The more frequent timetable gives income-focused shareholders a clearer distribution schedule, while the final payout remains conditional on the Board's decision.

Portfolio shifts remain selective

Management said the portfolio had added Pro Medicus, TechnologyOne, Newmont and Evolution Mining, while increasing positions in Woolworths and Telstra. AFIC reduced or exited several holdings, including NAB, Westpac, BHP, Brambles, James Hardie, Ampol, Sonic Healthcare, Worley, PEXA and IDP Education, citing valuation, position sizing, quality and investment-case considerations.

The company said its international portfolio represented 1.6 percent of total assets across 20 holdings as of August 31, 2026. Share buybacks also remain part of its capital-allocation approach when the shares trade at a material discount to net asset backing.

How AFIC operates

Australian Foundation Investment Company is based in Melbourne and manages an actively managed portfolio designed to provide shareholders with long-term exposure to quality businesses and dividend income. Its holdings are concentrated in Australian equities, with a modest international allocation for diversification and access to companies and sectors less available in Australia. AFIC positions itself as a diversified, low-cost listed investment vehicle with a long operating history rather than as a specialist single-sector fund.