Highlights

  • The Interim Dividend is AUD 0.038 per share, fully franked, with an ex-dividend date of 9 November 2026.
  • The Record Date is 10 November and payment is scheduled for 20 November 2026.
  • The reinvestment election deadline is 12 November; the plan operates without a discount.

Future Generation Australia Limited (ASX:FGX) provides exposure to Australian equities through a portfolio of external fund managers while supporting social impact organisations. Its upcoming fully franked interim dividend is AUD 0.038 per share, payable on 20 November 2026. With the ex-dividend date approaching on 9 November, the dividend timetable and the company’s retained profits provide the main income-focused points of interest.

November dates and the cash entitlement

Future Generation Australia (ASX:FGX) has set 10 November 2026 as the record date, with the register measured at 7:00 pm Sydney time. The 9 November ex-dividend date marks the point from which shares ordinarily trade without entitlement to this payment. The later 20 November date is when the Cash Dividend is scheduled to be paid.

The 3.8-cent amount means an eligible holding of 1,000 shares would receive AUD 38 in cash before any individual tax effects. Full franking describes the tax-credit component attached to the payment; it does not increase the stated cash amount deposited for each share.

The declared interim dividend annualises to 7.6 cents per share, 5.6% above the previous annualised interim rate. Annualisation is a presentation of the current payment rate and should not be read as an additional dividend declaration.

Reinvestment provides a separate election

Future Generation Australia (ASX:FGX) will operate its Dividend reinvestment plan for the interim payment. The last election date is 12 November 2026. The plan will operate without a discount, with the issue price calculated from the volume-weighted average Market Price over four trading days from the ex-dividend date, including that date.

Participating holders receive the number of shares that their dividend would purchase at the applicable issue price, rounded down to a whole number. The final allocation therefore depends on that pricing calculation and the holder’s entitlement. The election deadline is a separate milestone from the record date and payment date.

Reserves and half-year Earnings give the dividend context

Future Generation Australia (ASX:FGX) reported a profits reserve of 41.8 cents per share at 31 July 2026. The company described that as 5.5 years of dividend coverage at the stated annualised rate. This is a reserve-based coverage measure, rather than a guarantee of future board decisions or Investment outcomes.

For the half-year ended 30 June 2026, Future Generation Australia (ASX:FGX) reported an operating loss before tax of AUD 18.9 million and an operating loss after tax of AUD 12.4 million. The after-tax result included an AUD 6.5 million tax benefit. Those results show why the declared payment should be assessed alongside accumulated reserves as well as current-period earnings.

The investment model uses fund managers that waive management and performance fees, allowing the company to direct an amount equal to 1% of average net Assets annually towards social impact partners. Its announced 2026 donation was AUD 5.9 million. Investment performance, distributions received and the use of reserves remain relevant to future income capacity.

Key Insights

Future Generation Australia (ASX:FGX) offers a clearly scheduled November interim payment, with full franking and a reinvestment alternative. The immediate milestones are the 9 November ex-date, 12 November election deadline and 20 November payment. The reserve balance provides context for dividend capacity, while the half-year loss remains an important part of the earnings picture.