WAM Active Limited is a close-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It seeks to invest in stocks of companies that are operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It also invests in bills of exchange, other negotiable investments, and debentures. The fund seeks to take advantage of opportunities created by corporate transactions and other trading and arbitrage opportunities. It benchmarks the performance of its portfolio against the S&P/ASX All Ordinaries Accumulation Index. WAM Active Limited was founded in November 13, 2007 and is domiciled in Australia.
WAM Active Dividend Announcement
• WAM Active announced a semi annually dividend of A$0.03 per ordinary share which will be made payable on 2024-10-25. Ex dividend date: 2024-10-09
• WAM Active annual dividend for 2024 was A$0.06
• WAM Active annual dividend for 2023 was A$0.06
• WAM Active's trailing twelve-month (TTM) dividend yield is 7.02%
• WAM Active's payout ratio for the trailing twelve months (TTM) is 2.94%
• WAM Active's dividend growth over the last five years (2018-2023) was 1.03% year
• WAM Active's dividend growth over the last ten years (2013-2023) was -4.49% year
WAM Active Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-09 | A$0.03 | semi annually | 2024-10-25 |
2024-04-15 | A$0.03 | semi annually | |
2023-10-03 | A$0.03 | semi annually | 2023-10-16 |
2023-04-11 | A$0.03 | semi annually | 2023-04-21 |
2022-10-17 | A$0.03 | semi annually | 2022-10-28 |
2022-05-16 | A$0.03 | semi annually | 2022-05-27 |
2021-10-18 | A$0.03 | semi annually | 2021-10-29 |
2021-05-18 | A$0.03 | semi annually | 2021-05-28 |
2020-10-19 | A$0.03 | semi annually | 2020-10-30 |
2020-04-15 | A$0.03 | semi annually | 2020-04-28 |
2019-10-04 | A$0.03 | semi annually | 2019-10-18 |
2019-04-10 | A$0.03 | semi annually | 2019-04-26 |
2018-10-12 | A$0.03 | semi annually | 2018-10-26 |
2018-04-12 | A$0.03 | semi annually | 2018-04-27 |
2017-10-17 | A$0.03 | semi annually | 2017-10-27 |
2017-05-16 | A$0.03 | semi annually | 2017-05-26 |
2016-10-17 | A$0.03 | semi annually | 2016-10-28 |
2016-04-13 | A$0.03 | semi annually | 2016-04-29 |
2015-10-19 | A$0.03 | semi annually | 2015-10-30 |
2014-10-13 | A$0.05 | semi annually | 2014-10-24 |
2013-09-23 | A$0.05 | semi annually | 2013-10-04 |
2013-04-08 | A$0.05 | semi annually | 2013-04-19 |
WAM Active Dividend per year
WAM Active Dividend growth
WAM Active Dividend Yield
WAM Active current trailing twelve-month (TTM) dividend yield is 7.02%. Interested in purchasing WAM Active stock? Use our calculator to estimate your expected dividend yield:
WAM Active Financial Ratios
WAM Active Dividend FAQ
Other factors to consider when evaluating WAM Active as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: WAM Active's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, WAM Active publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, WAM Active distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from WAM Active are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: WAM Active sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, WAM Active distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: WAM Active declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of WAM Active's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review WAM Active's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.