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WAM Leaders Limited ( (AU:WLE) ) has provided an update.
January’s update showed WAM Leaders delivering 12.2% annualised portfolio returns since its 2016 inception versus 9.4% for the ASX 200 Accumulation Index, supported by a $1.9 billion asset base, a $1.375 month-end share price, and a fully franked 9.4 cent full-year dividend backed by 62.75 cents per share in historical payouts. Management highlighted outperformance driven by positions in BlueScope Steel—buoyed by a rejected $30-per-share bid, special dividend, and cost-out plans—and NexGen Energy, which is benefiting from surging uranium prices and expanding resources near its Rook I project, underscoring WLE’s confidence in maintaining dividend capacity through continued portfolio gains and accrued franking credits.
The most recent analyst rating on (AU:WLE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on WAM Leaders Limited stock, see the AU:WLE Stock Forecast page.
More about WAM Leaders Limited
WAM Leaders Limited is an Australian-listed investment company focusing on actively managed portfolios of high-quality domestic equities, aiming to deliver consistent fully franked dividends to income-oriented investors.
Average Trading Volume: 899,513
Technical Sentiment Signal: Buy
For an in-depth examination of WLE stock, go to TipRanks’ Overview page.