That's the theory, this is the current (31/12/22) situation
The current dividend is 15.5c per annum. They only currently have 11.9c in the profit reserve from "the strong years". Since Chris Stott and Martin Hickson left, there have not been any strong years and they have now eroded all the profit those guys built up.
Based on current dividend and NTA, WAM would have to make $169m or an 11% return per year just to maintain the dividend!! That's with NO capital growth. You seem to think they'll make another 20% on top of this. Keep buying buddy and good luck!!
Ann: 15.5cps ff full year dividend, 2022 Full Year Results, page-49
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add WAM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.62 |
Change
0.010(0.62%) |
Mkt cap ! $1.803B | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.63 | $1.61 | $2.175M | 1.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 138941 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 54395 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| WAM (ASX) Chart |