WAM Leaders Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund is co-managed by MAM Pty Limited. It invests into public equity and fixed income markets of Australia. The fund seeks to invest in stocks of companies that are operating across diversified sectors. It primarily invests in value stocks of large- cap companies on the S&P/ASX 200 Index. The fund employs fundamental analysis, with focus on bottom-up research to create its portfolio. WAM Leaders Limited was formed on April 12, 2016 and is domiciled in Australia.
WAM Leaders Dividend Announcement
• WAM Leaders announced a semi annually dividend of A$0.05 per ordinary share which will be made payable on 2024-11-28. Ex dividend date: 2024-11-18
• WAM Leaders annual dividend for 2024 was A$0.09
• WAM Leaders annual dividend for 2023 was A$0.09
• WAM Leaders's trailing twelve-month (TTM) dividend yield is 7.45%
• WAM Leaders's payout ratio for the trailing twelve months (TTM) is 8.45%
• WAM Leaders's dividend growth over the last five years (2018-2023) was 12.47% year
WAM Leaders Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | A$0.05 | semi annually | 2024-11-28 |
2024-05-20 | A$0.05 | semi annually | 2024-05-31 |
2023-10-17 | A$0.04 | semi annually | 2023-10-31 |
2023-05-19 | A$0.04 | semi annually | 2023-05-31 |
2022-11-17 | A$0.04 | semi annually | 2022-11-30 |
2022-04-13 | A$0.04 | semi annually | 2022-04-29 |
2021-10-18 | A$0.04 | semi annually | 2021-10-29 |
2021-04-14 | A$0.04 | semi annually | 2021-04-26 |
2020-10-19 | A$0.03 | semi annually | 2020-10-30 |
2020-04-15 | A$0.03 | semi annually | 2020-04-28 |
2019-10-11 | A$0.03 | semi annually | 2019-10-25 |
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 |
2017-11-23 | A$0.02 | semi annually | 2017-12-05 |
2017-04-13 | A$0.01 | semi annually | 2017-04-28 |
WAM Leaders Dividend per year
WAM Leaders Dividend growth
WAM Leaders Dividend Yield
WAM Leaders current trailing twelve-month (TTM) dividend yield is 7.45%. Interested in purchasing WAM Leaders stock? Use our calculator to estimate your expected dividend yield:
WAM Leaders Financial Ratios
WAM Leaders Dividend FAQ
Other factors to consider when evaluating WAM Leaders 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 Leaders'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 Leaders 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 Leaders 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 Leaders 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 Leaders 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 Leaders 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 Leaders 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 Leaders'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 Leaders'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.