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WAM Global Ltd. ( (AU:WGB) ) has provided an update.
WAM Global reported that its investment portfolio declined in March 2026 but still outperformed the MSCI World Index (AUD), with net tangible assets before tax at 213.93 cents per share and a month-end share price of $2.13. The board declared a fully franked interim dividend of 6.6 cents per share, supporting an annualised fully franked dividend yield of 6.2% and a grossed-up yield of 8.9%, underpinned by a profits reserve of 75.1 cents per share.
Portfolio outperformance was driven by positions in Intuit Inc and Marvell Technology, Inc, both of which delivered strong earnings growth and upbeat outlooks tied to structural demand in artificial intelligence and data infrastructure. Nvidia’s US$2 billion investment and strategic partnership with Marvell further reinforced WAM Global’s exposure to the AI infrastructure theme, strengthening the fund’s positioning in high-growth technology enablers and offering potential long-term benefits for shareholders through both capital appreciation and sustained dividends.
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 Australia-listed investment company that focuses on a portfolio of global undervalued growth companies. The fund targets international equities, benchmarking its performance against the MSCI World Index (AUD), and aims to deliver both capital growth and fully franked dividends to Australian investors.
Average Trading Volume: 274,258
Technical Sentiment Signal: Hold
For detailed information about WGB stock, go to TipRanks’ Stock Analysis page.