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Diversified United Investment raises final dividend for fiscal 2018

Australia-based Diversified United Investment Ltd. raised its final dividend for the fiscal year ended June 30.

The company's board declared a fully franked final dividend of 8.5 Australian cents per share, up from 8 cents per share a year earlier, according to a Sept. 11 release.

Together with an interim dividend of 6.5 cents per share, the company's total dividend for the fiscal year inched up to 15 cents per share from 14.5 cents per share in the year-ago period.

The final dividend is payable Sept. 21 to shareholders on record as of Sept. 4.