WAM 0.69% $1.43 wam capital limited

Updated return for current share price.7.75 x 2 = 15.5 cents...

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    Updated return for current share price.

    7.75 x 2 = 15.5 cents (Assumes current distribution will be maintained

    Yesterday close $1.705

    15.5/1,705 = 9.09 %

    The dividend is fully franked, 100%. If lucky enough to get the franking as well then the dividend payment becomes 9.09/0.7 = 12.98 %

    This is a very good return. Either future dividend rate will come down or the share price will rise.

    https://hotcopper.com.au/data/attachments/5025/5025250-608d6261851a5ca36320bdb1a52f7060.jpg

 
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