With WAM having made 11.6% year to date & 28.9% for the last 12 months, it should be fairly certain that an increase in dividend should occur as it usually does each year.
This means that even if the dividend is only increased to 7.5 cents for the interim & final dividends the return will be 15 cents plus franking credits of 6.43 cents, making a total return of 21.43 cents.
With the share price at $2.30 the return will be slightly in excess of 9.3% grossed up.
This is a damn lot better than bank interest.
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WAM
wam capital limited
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0.58%
!
$1.72

9.3% grossed up dividend
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Last
$1.72 |
Change
-0.010(0.58%) |
Mkt cap ! $1.937B |
Open | High | Low | Value | Volume |
$1.73 | $1.74 | $1.72 | $2.079M | 1.202M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 24154 | $1.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 52988 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 24154 | 1.720 |
4 | 40413 | 1.715 |
7 | 22884 | 1.710 |
3 | 26760 | 1.705 |
27 | 154895 | 1.700 |
Price($) | Vol. | No. |
---|---|---|
1.735 | 52988 | 2 |
1.740 | 405860 | 10 |
1.745 | 203018 | 8 |
1.750 | 319740 | 16 |
1.755 | 82014 | 5 |
Last trade - 16.10pm 29/08/2025 (20 minute delay) ? |
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WAM (ASX) Chart |