WAX 1.26% $1.21 wam research limited

WAX no longer at premium, page-10

  1. 10,422 Posts.
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    I used to have a lot of WAM a few years ago but sold out when the dividend reserve depleted so I didn't see future dividends as sustainable. With WAX we have several years of dividend resertve and they can be bought right now around or below underlying share value so they are yielding something like 11% to 12% gross even with only 60% imputation credits.
 
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