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WAM Capital Declares Interim Dividend Amid Mixed Portfolio Performance

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WAM Capital Declares Interim Dividend Amid Mixed Portfolio Performance

An announcement from WAM Capital Ltd. ( (AU:WAM) ) is now available.

WAM Capital Limited announced an interim dividend of 7.75 cents per share, partially franked at 60%, payable on April 30, 2025. The company’s investment portfolio experienced mixed performance, with The Reject Shop contributing positively due to an acquisition agreement with Dollarama, while Tuas saw a share price decline despite positive financial updates. WAM Capital remains optimistic about Tuas’s long-term growth potential in the Singaporean telecommunications market.

More about WAM Capital Ltd.

WAM Capital Limited is an investment company focused on identifying undervalued growth opportunities in the Australian market. The company manages a diverse portfolio aimed at delivering strong returns to its shareholders.

YTD Price Performance: 2.88%

Average Trading Volume: 768,966

Technical Sentiment Signal: Strong Sell

For detailed information about WAM stock, go to TipRanks’ Stock Analysis page.

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