WAM Capital Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund invests in public equity markets of Australia. It makes its investments in companies primarily engaged in the industrial sector. The fund invests in value and growth stocks of small to medium-cap companies. It seeks to invest in short-term arbitrage and mispricing opportunities. The fund has absolute returns focus. It employs fundamental and quantitative analysis with a focus on bottom-up approach to make its investments. The fund benchmarks the performance of its portfolio against the S&P/ASX All Ordinaries Accumulation Index. It conducts in-house research to create its portfolio. WAM Capital Limited was formed on March 8, 1999 and is domiciled in Australia.
WAM Capital Dividend Announcement
• WAM Capital announced a semi annually dividend of A$0.08 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-20
• WAM Capital annual dividend for 2024 was A$0.15
• WAM Capital annual dividend for 2023 was A$0.15
• WAM Capital's trailing twelve-month (TTM) dividend yield is 10.2%
• WAM Capital's payout ratio for the trailing twelve months (TTM) is 67.00%
• WAM Capital's dividend growth over the last five years (2018-2023) was -2.95% year
WAM Capital Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-20 | A$0.08 | semi annually | 2024-10-31 |
2024-04-18 | A$0.08 | semi annually | |
2023-10-17 | A$0.08 | semi annually | 2023-10-31 |
2023-05-15 | A$0.08 | semi annually | 2023-05-26 |
2022-10-17 | A$0.08 | semi annually | 2022-10-28 |
2022-06-06 | A$0.08 | semi annually | 2022-06-17 |
2021-10-18 | A$0.08 | semi annually | 2021-10-29 |
2021-05-31 | A$0.08 | semi annually | 2021-06-07 |
2020-11-19 | A$0.08 | semi annually | 2020-11-27 |
2020-04-20 | A$0.08 | semi annually | 2020-04-28 |
2019-10-17 | A$0.08 | semi annually | 2019-10-25 |
2019-04-10 | A$0.08 | semi annually | 2019-04-26 |
2018-11-16 | A$0.08 | semi annually | 2018-11-26 |
2018-10-12 | A$0.03 | semi annually | |
2018-04-12 | A$0.08 | semi annually | 2018-04-27 |
2017-10-17 | A$0.07 | semi annually | 2017-10-27 |
2017-04-13 | A$0.07 | semi annually | 2017-04-28 |
2016-10-17 | A$0.07 | semi annually | 2016-10-28 |
2016-04-27 | A$0.07 | semi annually | 2016-05-13 |
2013-10-04 | A$0.06 | semi annually | 2013-10-18 |
2013-04-17 | A$0.06 | semi annually | 2013-04-30 |
2012-09-17 | A$0.06 | semi annually | 2012-09-28 |
2012-03-09 | A$0.06 | semi annually | 2012-03-23 |
2011-09-02 | A$0.05 | semi annually | 2011-09-15 |
2011-02-28 | A$0.05 | semi annually | 2011-03-11 |
WAM Capital Dividend per year
WAM Capital Dividend growth
WAM Capital Dividend Yield
WAM Capital current trailing twelve-month (TTM) dividend yield is 10.2%. Interested in purchasing WAM Capital stock? Use our calculator to estimate your expected dividend yield:
WAM Capital Financial Ratios
WAM Capital Dividend FAQ
Other factors to consider when evaluating WAM Capital 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 Capital'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 Capital 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 Capital 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 Capital 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 Capital 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 Capital 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 Capital 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 Capital'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 Capital'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.