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Folkestone expects FY'18 dividend to rise 9% YOY

Folkestone Ltd. estimates to distribute 3.0 Australian cents per share as a fully franked dividend in the 2018 fiscal year, marking a 9.1% year-over-year increase on ordinary dividend.

The company also projects to register statutory net profit after tax in the range of A$11.0 million to A$12.0 million in the 12-month period ending June 30.