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Netwealth Group ups final dividend for fiscal 2019

Australia's Netwealth Group Ltd. raised its final dividend for the fiscal year ended June 30.

The company declared a fully franked final dividend of 6.6 Australian cents per share for fiscal 2019, up from fiscal 2018's final dividend of 5.38 cents per share. In fiscal 2018, the company also declared a special dividend of 5.18 cents per share.

Including an interim dividend of 5.5 cents per share, the company's total dividend for fiscal 2019 came to 12.1 cents per share.

The final dividend is payable on Sept. 26 to shareholders on record as of Aug. 27.