Next, we have listed investment company (LIC) WAM Capital. WAM Capital is a popular ASX All Ords share with retirees and other income investors, thanks to its history of paying large, fully franked dividends.
However, this is another company I wouldn't touch with a 10-foot pole. Its share price has woefully underperformed the All Ordinaries Index in recent years, with WAM Capital shares down more than 30% since late 2019:
Zoom1M3M6MYTD1Y5Y10YALLMany All Ords share investors might not mind this underperformance, given the size of WAM Capital'sdividend. However,the company's August earningswarned that its current dividend payments might not be sustainable unless its underlying portfolio is able to maintain a return of 16% per annum going forward.
That includes the hefty 1% annual management fee this LIC charges too.
Given this All Ords share's relatively poor track record in recent years, together with its shaky-looking dividend, I find it hard to tell investors to even get near it.
Next, we have listed investment company (LIC) WAM Capital. WAM...
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Last
$1.66 |
Change
-0.015(0.90%) |
Mkt cap ! $1.863B | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.67 | $1.66 | $1.124M | 676.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 56947 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.67 | 88173 | 4 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| WAM (ASX) Chart |