Future Generation Australia Updates DRP Price to AUD 1.32799 for November 2026 Dividend

Manish Choudhary

12 November 2026 05:12 PM AEDT

Future Generation Australia Updates DRP Price to AUD 1.32799 for November 2026 Dividend

Image Source: Krish Capital Pty Ltd

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Future Generation Australia Limited (ASX:FGX) has filed an update to its previous dividend notification, disclosing a Dividend Reinvestment Plan (DRP) price of AUD 1.32799 per security for its ordinary fully paid shares, applicable to the dividend payment scheduled for 20 November 2026.

Key Points

DRP price set at AUD 1.32799 per security, calculated as the VWAP of shares traded on ASX over four trading days from the ex-dividend date of 9 November 2026
Ordinary dividend of AUD 0.03800000 per security is 100% franked at a corporate tax rate of 30%, relating to the six-month period ending 30 June 2026
Record date was 10 November 2026, with payment date set for 20 November 2026
DRP election notices were required to be lodged by 17:00 on 12 November 2026; the default option for non-participating securityholders is cash payment

DRP Price Calculation and Timetable

According to the filing, the DRP price of AUD 1.32799 was determined using a volume weighted average market price of shares sold on the ASX on an ex-dividend basis across four trading days from the ex-dividend date, inclusive of that date. The calculation period ran from 9 November 2026 to 12 November 2026. The DRP discount rate applied was 0.0000%. DRP securities are scheduled for issue on 20 November 2026, ranking pari passu from the issue date, and will be a new issue of securities. The filing states there is no minimum or maximum dollar amount or number of securities required for DRP participation.

Ordinary Dividend Details for the Period Ending 30 June 2026

The filing discloses an ordinary dividend of AUD 0.03800000 per ordinary fully paid security, relating to a six-month financial reporting period ending 30 June 2026. The dividend is fully franked at 100%, with an applicable corporate tax rate of 30%. The franked amount per security is AUD 0.03800000. The unfranked amount per security, excluding conduit foreign income, is AUD 0.00000000, as is the conduit foreign income amount per security. The filing confirms no external approvals — including securityholder, court, ACCC, FIRB or other approvals — were required prior to business day zero of the dividend timetable.

Update to Previous Dividend Notification Dated 8 July 2026

The filing is classified as an update to a previous announcement dated 8 July 2026, with the specific purpose of disclosing the DRP price under Part 4A.6 of the Appendix 3A.1 form. The update was lodged on 12 November 2026. The currency for the dividend and DRP is the Australian Dollar. The full DRP applies to this dividend distribution. The default election for securityholders who do not indicate a preference is to not participate in the DRP and instead receive a cash payment. No further information was provided in Parts 5.1 or 5.2 of the filing.

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