Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
WAM Capital Ltd. ( (AU:WAM) ) has provided an update.
WAM Capital reported a January 2026 pre-tax net tangible asset backing of 145.34 cents per share and an after-tax NTA of 145.17 cents, reflecting a $2 million tax payment, while maintaining a profits reserve of 21.1 cents per share that underpins a 15.5 cent partly franked full-year dividend. The company highlighted that sustaining its current dividend level depends on continued portfolio gains and franking credit generation, as technology holdings like Life360 faced sector-wide sentiment pressure despite strong trading updates, whereas Codan’s upgraded earnings outlook provided a key positive contribution to performance and underscored the portfolio’s exposure to defence and gold-related tailwinds.
The investment update noted that WAM Capital’s share price ended January at $1.825, with an 8.5% dividend yield and a 10.7% grossed-up yield, supported by cumulative dividends of 331.5 cents per share since inception, or 468.3 cents including franking credits. Management signalled a selective stance within the technology sector, arguing that market fears over artificial intelligence disruption are overstated for some holdings and positioning the portfolio to benefit from a potential rebound in valuations once sentiment normalises.
The most recent analyst rating on (AU:WAM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on WAM Capital Ltd. stock, see the AU:WAM Stock Forecast page.
More about WAM Capital Ltd.
WAM Capital Ltd is an Australian listed investment company focused on identifying undervalued growth opportunities in the local equity market. The fund has delivered investment portfolio performance of 15.2% per annum since inception in 1999, outperforming the S&P/ASX All Ordinaries Accumulation Index, and manages assets of about $1.6 billion while targeting a steady, partially franked dividend stream for shareholders.
Average Trading Volume: 704,896
Technical Sentiment Signal: Buy
For a thorough assessment of WAM stock, go to TipRanks’ Stock Analysis page.