WAX 1.40% $1.09 wam research limited

at least they have now acknowledged what was mentioned on these...

  1. 485 Posts.
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    at least they have now acknowledged what was mentioned on these forums for a while, but some posters chose to ignore:

    Code:
    Despite the high profits reserve level of 39.1 cents per share as at 31 July 2023, profits reserve transfers may not always be matched with the payment of tax to generate franking credits.
    In all fairness though, with the fallen share price and even without the full franking, the dividend yield is rather reasonable (but not enough to interest me quite yet).
 
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