Australian Foundation Investment Company posts net profit of A$285 million, down 3.9%
MELBOURNE: Australian Foundation Investment Company (AFIC) has announced a fully franked special dividend of 5 cents per share alongside its final dividend, despite posting a slight decline in profit for the fiscal year ended June 30. AFIC reported a net profit of A$285.0 million, down 3.9% from A$296.4 million a year earlier. Revenue from operating…