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The latest announcement is out from WAM Capital Ltd. ( (AU:WAM) ).
WAM Capital Ltd. reported a decrease in revenue and profit for the year ending June 30, 2025, with revenue down by 6.6% and net profit after tax down by 4.2% compared to the previous year. Despite the decline in financial performance, the company announced a final dividend of 7.75 cents per share, maintaining the same level as the interim dividend, with a 60% franking rate. The Dividend Reinvestment Plan remains in operation, allowing shareholders to reinvest dividends into additional shares without a discount. The net tangible asset backing per share saw a slight increase, indicating a stable asset base.
More about WAM Capital Ltd.
WAM Capital Ltd. operates in the financial sector, focusing on investment management and capital growth. The company provides shareholders with exposure to a diversified portfolio of undervalued growth companies, aiming to deliver a stream of fully franked dividends and capital growth over the medium to long term.
Average Trading Volume: 916,710
Technical Sentiment Signal: Buy
For detailed information about WAM stock, go to TipRanks’ Stock Analysis page.
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