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WAM Microcap Limited is a closed-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It invests in stocks of companies operating across diversified sectors. The fund invests in value and growth stocks of micro-cap companies with a market capitalization of less than $300 million. It employs fundamental and quantitative analysis with bottom-up approach focusing on factors such as free cash flow, return on equity, quality of the potential investee company, management, earnings growth potential, valuation, and industry position to make its investments. The fund conducts in-house research to create its portfolio. WAM Microcap Limited was formed on May 15, 2017 and is domiciled in Australia.

WAM Microcap Dividend Announcement

WAM Microcap announced a semi annually dividend of A$0.05 per ordinary share which will be made payable on 2024-10-29. Ex dividend date: 2024-10-15
WAM Microcap annual dividend for 2024 was A$0.10
WAM Microcap annual dividend for 2023 was A$0.10
WAM Microcap's trailing twelve-month (TTM) dividend yield is 7.34%
WAM Microcap's payout ratio for the trailing twelve months (TTM) is 65.12%
WAM Microcap's dividend growth over the last five years (2018-2023) was 8.90% year

WAM Microcap Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-15A$0.05semi annually2024-10-29
2024-05-17A$0.05semi annually2024-05-30
2023-10-03A$0.05semi annually2023-10-16
2023-04-12A$0.05semi annually2023-04-24
2022-10-04A$0.05semi annually2022-10-17
2022-04-04A$0.05semi annually2022-04-14
2021-10-11A$0.08semi annually2021-10-22
2021-04-07A$0.04semi annually2021-04-20
2020-10-12A$0.06semi annually2020-10-23
2020-04-06A$0.03semi annually2020-04-21
2019-10-04A$0.04semi annually2019-10-18
2019-04-10A$0.02semi annually2019-04-26
2018-10-12A$0.04semi annually2018-10-26
2018-04-12A$0.03semi annually2018-04-27

WAM Microcap Dividend per year

WAM Microcap Dividend growth

WAM Microcap Dividend Yield

WAM Microcap current trailing twelve-month (TTM) dividend yield is 7.34%. Interested in purchasing WAM Microcap stock? Use our calculator to estimate your expected dividend yield:

WAM Microcap Financial Ratios

P/E ratio9.40
PEG ratio0.09
P/B ratio0.85
ROE10.48%
Payout ratio65.12%
Current ratio-29.05
Quick ratio-29.05
Cash Ratio3.98

WAM Microcap Dividend FAQ

How much is the next WAM Microcap dividend?
WAM Microcap's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next WAM Microcap dividend. The next WAM Microcap dividend will be released in April, or October.
When is WAM Microcap dividend paid?
WAM Microcap pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does WAM Microcap pay?
The specific amount of WAM Microcap dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find WAM Microcap's dividend history.
Does WAM Microcap stock pay dividends?
Yes, WAM Microcap does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find WAM Microcap's dividend history.
How much dividend does WAM Microcap pay?
WAM Microcap paid A$0.105 in 2024, A$0.105 in 2023, A$0.1 in 2022, A$0.12 in 2021, and A$0.09 in 2020.
How often does WAM Microcap pay dividends?
WAM Microcap typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and October.
What is WAM Microcap's dividend yield?
The current dividend yield for WAM Microcap is 7.34%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate WAM Microcap's exact dividend yield.
When does WAM Microcap go ex dividend?
WAM Microcap's ex-dividend date for the latest dividend was on 2024-10-15. WAM Microcap typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next WAM Microcap dividend paid?
WAM Microcap pays dividends on a semi annually basis, typically around April, or October, but the exact dates can vary each year.
Will WAM Microcap increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether WAM Microcap will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is WAM Microcap dividend per share?
WAM Microcap paid A$0.105 per share in 2024 and A$0.105 per share in 2023. The amount of dividend per share that WAM Microcap pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is WAM Microcap a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is WAM Microcap a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is WAM Microcap a dividend stock?
Yes, WAM Microcap is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is WAM Microcap a good dividend stock?
Whether WAM Microcap is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. WAM Microcap has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating WAM Microcap 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.
Does WAM Microcap pay dividends monthly?
WAM Microcap typically pays dividends on a semi annually basis.
Does WAM Microcap pay dividends quarterly?
WAM Microcap currently pays dividends on a semi annually basis.
Has WAM Microcap ever paid a dividend?
Yes, WAM Microcap has a history of paying dividends to its shareholders. WAM Microcap is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy WAM Microcap dividend stocks?
To buy WAM Microcap you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy WAM Microcap stock.

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.
When does WAM Microcap pay dividends 2024?
WAM Microcap pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will WAM Microcap increase its dividend in 2024?
Decisions regarding WAM Microcap dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date WAM Microcap dividend overview you can look into the above table of dividend history.
How WAM Microcap dividend works?
The WAM Microcap dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how WAM Microcap's dividend process works:

1. Determination of Dividend: WAM Microcap'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 Microcap 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 Microcap 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 Microcap 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.
How are WAM Microcap dividends paid?
WAM Microcap dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: WAM Microcap 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 Microcap 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 Microcap 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.
How many times does WAM Microcap pay dividends?
WAM Microcap typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does WAM Microcap pay dividends?
The general pattern is that WAM Microcap pays dividends around April, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is WAM Microcap dividend safe?
The safety of WAM Microcap's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of WAM Microcap'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 Microcap'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.