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OFX Group ups final dividend for fiscal 2017-2018

OFX Group Ltd. raised its final dividend for the fiscal year ended March 31.

The company declared a fully franked final dividend of 3 Australian cents per share, up from 2.9 cents per share in the prior-year period.

Together with an interim dividend of 2.4 cents per share, the Australian company's total dividend amounted to 5.4 cents per share, down from 5.7 cents per share in the previous year.

The final dividend will be paid June 22 to shareholders on record as of June 8.