WAM Capital Holds Dividend Pace Amid Portfolio Soft Patch in February

WAM Capital Ltd. ( (AU:WAM) ) just unveiled an update.

WAM Capital Limited reported a February 2026 pre-tax NTA of 136.56 cents per share and a month-end share price of $1.765, alongside an annualised interim dividend of 15.5 cents per share, partially franked at 60 percent. The company highlighted a profits reserve of 21.1 cents per share and noted that the continuation of franked dividends at current levels depends on generating further profits reserves and franking credits through ongoing portfolio performance.

The manager said the investment portfolio declined over the month, with GemLife Communities Group contributing positively after reporting better-than-forecast FY2025 results and strengthening its balance sheet, while Maas Group Holdings detracted following news of a major asset divestment and a sharp share price fall. WAM Capital also disclosed a net tax asset position of 15.85 cents per share, including tax assets and carried-forward income tax losses, which provides some flexibility for future periods and may support its ability to manage dividends and capital more effectively.

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 Limited is an Australian listed investment company focused on identifying undervalued growth opportunities in the domestic equity market. With a $1.5 billion portfolio, it actively manages a diversified selection of ASX-listed stocks and has a long-term record of outperforming the S&P/ASX All Ordinaries Accumulation Index since its inception in 1999.

Average Trading Volume: 842,111

Technical Sentiment Signal: Buy

For a thorough assessment of WAM stock, go to TipRanks’ Stock Analysis page.