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Contango Global Growth Limited is an equity mutual fund launched by Contango International Management Pty Ltd. The fund is managed by WCM Investment Management. It invests in public equity markets of emerging countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the MSCI All Country World Index ex-Australia. Contango Global Growth Limited was formed on June 23, 2017 and is domiciled in Australia.

WCM Global Growth Dividend Announcement

• WCM Global Growth announced a quarterly dividend of A$0.02 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-12
• WCM Global Growth annual dividend for 2024 was A$0.05
• WCM Global Growth annual dividend for 2023 was A$0.08
• WCM Global Growth's trailing twelve-month (TTM) dividend yield is 5.44%
• WCM Global Growth's payout ratio for the trailing twelve months (TTM) is 5.49%

WCM Global Growth Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-12A$0.02quarterly2024-09-30
2024-06-13A$0.02quarterly2024-06-28
2024-03-14A$0.02quarterly
2023-12-14A$0.02quarterly2023-12-29
2023-09-14A$0.02quarterly2023-09-29
2023-06-15A$0.02quarterly2023-06-30
2023-03-16A$0.03quarterly2023-03-31

WCM Global Growth Dividend per year

WCM Global Growth Dividend Yield

WCM Global Growth current trailing twelve-month (TTM) dividend yield is 5.44%. Interested in purchasing WCM Global Growth stock? Use our calculator to estimate your expected dividend yield:

WCM Global Growth Financial Ratios

P/E ratio1.28
PEG ratio0.02
P/B ratio1.04
ROE84.57%
Payout ratio5.49%
Current ratio48.07
Quick ratio48.07
Cash Ratio1.62

WCM Global Growth Dividend FAQ

Does WCM Global Growth stock pay dividends?
WCM Global Growth does not currently pay dividends to its shareholders.
Has WCM Global Growth ever paid a dividend?
No, WCM Global Growth has no a history of paying dividends to its shareholders. WCM Global Growth is not known for its dividend payments.
Why doesn't WCM Global Growth pay dividends?
There are several potential reasons why WCM Global Growth would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will WCM Global Growth ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While WCM Global Growth has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is WCM Global Growth a dividend aristocrat?
WCM Global Growth is not considered a Dividend Aristocrat. 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 WCM Global Growth a dividend king?
WCM Global Growth is not classified as a "Dividend King". 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 WCM Global Growth a dividend stock?
No, WCM Global Growth is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy WCM Global Growth stocks?
To buy WCM Global Growth 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy WCM Global Growth 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.