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 2024-12-31. Ex dividend date: 2024-12-11
• WCM Global Growth annual dividend for 2024 was A$0.07
• WCM Global Growth annual dividend for 2023 was A$0.08
• WCM Global Growth's trailing twelve-month (TTM) dividend yield is 4.12%
• WCM Global Growth's payout ratio for the trailing twelve months (TTM) is 5.49%
WCM Global Growth Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-11 | A$0.02 | quarterly | 2024-12-31 |
2024-09-12 | A$0.02 | quarterly | 2024-09-30 |
2024-06-13 | A$0.02 | quarterly | 2024-06-28 |
2024-03-13 | A$0.02 | quarterly | 2024-03-29 |
2023-12-13 | A$0.02 | quarterly | 2023-12-29 |
2023-09-14 | A$0.02 | quarterly | 2023-09-29 |
2023-06-15 | A$0.02 | quarterly | 2023-06-30 |
2023-03-15 | A$0.03 | quarterly | 2023-03-31 |
2022-09-15 | A$0.03 | quarterly | 2022-09-30 |
2022-03-30 | A$0.03 | quarterly | 2022-04-14 |
2021-09-16 | A$0.03 | quarterly | 2021-09-30 |
2021-03-18 | A$0.02 | quarterly | 2021-03-31 |
2020-09-14 | A$0.02 | quarterly | 2020-09-30 |
2020-03-09 | A$0.02 | quarterly | 2020-03-31 |
2019-08-05 | A$0.02 | quarterly | 2019-08-16 |
WCM Global Growth Dividend per year
WCM Global Growth Dividend growth
WCM Global Growth Dividend Yield
WCM Global Growth current trailing twelve-month (TTM) dividend yield is 4.12%. Interested in purchasing WCM Global Growth stock? Use our calculator to estimate your expected dividend yield:
WCM Global Growth Financial Ratios
WCM Global Growth Dividend FAQ
Other factors to consider when evaluating WCM Global Growth 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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1. Determination of Dividend: WCM Global Growth'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, WCM Global Growth 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, WCM Global Growth 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 WCM Global Growth 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: WCM Global Growth 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, WCM Global Growth distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: WCM Global Growth 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 WCM Global Growth'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 WCM Global Growth'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.