Pinnacle Investment Management Group Ltd. raised its final dividend for the fiscal year ended June 30.

The company's board declared a fully franked final dividend of 9.3 Australian cents per share, up from the prior fiscal year's total dividend of 7 cents per share.

Together with an interim dividend of 6.1 cents per share, the company's total dividend for the fiscal year came to 15.4 cents per share, up from the prior fiscal year's total dividend of 11.6 cents per share.

The final dividend is payable Oct. 4 to shareholders on record as of Sept. 20.