WAM Global Flags Solid Dividends as Masimo Takeover Validates Strategy

WAM Global Ltd. ( (AU:WGB) ) has provided an announcement.

WAM Global Limited reported a pre-tax net tangible asset backing of 219.79 cents per share at the end of February 2026, with total assets of $789.1 million and an investment portfolio that has returned 7.9% per annum since its June 2018 inception, lagging the MSCI World Index (AUD). The board declared a fully franked interim dividend of 6.6 cents per share, supporting an annualised fully franked dividend yield of 5.6% and a grossed-up yield of 8.0%, underpinned by a profits reserve of 75.1 cents per share.

The portfolio fell over the month, though Masimo Corporation contributed positively after agreeing to a USD9.9 billion takeover by Danaher at a 38% premium, validating WAM Global’s view that the market had undervalued Masimo’s technology and recurring revenues. Intercontinental Exchange detracted from performance despite strong FY25 results and rising exchange revenues, as its shares sold off on broader concerns about artificial intelligence disruption, which WAM Global regards as a mispricing given ICE’s entrenched data moat and potential to benefit from AI-driven analytics.

The most recent analyst rating on (AU:WGB) stock is a Buy with a A$2.50 price target. To see the full list of analyst forecasts on WAM Global Ltd. stock, see the AU:WGB Stock Forecast page.

More about WAM Global Ltd.

WAM Global Limited is an ASX-listed investment company focused on identifying and investing in what it describes as the world’s most compelling undervalued growth companies. The fund provides Australian investors with access to a diversified portfolio of international equities, aiming to deliver capital growth and fully franked dividends over time.

Average Trading Volume: 232,177

Technical Sentiment Signal: Sell

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