Morphic Ethical Equities Fund Limited will continue with quarterly dividend payments in FY24, expected to be at a rate of at least 3.5 cents per quarter. In addition the company has further revised its dividend policy to raise the dividend for the first quarter of financial 2023/24 to 3.5 cents a share fully franked. It is the present intention to pay out a further two quarterly fully franked dividend of the same amount over the following two quarters.