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The latest update is out from WAM Income Maximiser Limited ( (AU:WMX) ).
WAM Income Maximiser Limited has announced a Share Purchase Plan (SPP) allowing eligible shareholders to purchase shares up to A$30,000 at a discount, without brokerage fees. This initiative aims to increase the company’s asset base, improve market relevance, and provide shareholders with enhanced dividend opportunities. The additional capital raised will be invested in high-quality Australian companies and corporate debt instruments, supporting the company’s strategy to deliver consistent monthly dividends and capital growth.
More about WAM Income Maximiser Limited
WAM Income Maximiser Limited operates in the financial services industry, focusing on investment management. The company offers investment opportunities in high-quality Australian companies and corporate debt instruments, providing shareholders with monthly fully franked dividends and potential capital growth. It aims to enhance its market presence and liquidity through strategic capital growth initiatives.
Average Trading Volume: 193,039
Technical Sentiment Signal: Strong Buy
See more insights into WMX stock on TipRanks’ Stock Analysis page.