Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
WAM Microcap Ltd. ( (AU:WMI) ) just unveiled an announcement.
WAM Microcap reported that its investment portfolio declined in March 2026 but still outperformed the S&P/ASX Small Ordinaries Accumulation Index amid heightened global volatility and investor risk aversion. The company highlighted its strong dividend profile, with an annualised fully franked interim dividend yield of 7.1%, a grossed-up yield of 10.1%, and a substantial profits reserve supporting ongoing distributions.
The board declared a fully franked interim dividend of 5.35 cents per share, payable on 29 May 2026, with shares trading ex-dividend on 15 May 2026, reinforcing WAM Microcap’s income appeal for investors. Portfolio performance was supported by specialist infrastructure services group Duratec, which benefited from solid interim results and a new $45 million contract, while luxury car dealer Autosports Group detracted due to interest rate uncertainty and policy changes around the Luxury Car Tax, though WAM Microcap maintains confidence in its strategic positioning in a fragmented market.
The most recent analyst rating on (AU:WMI) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on WAM Microcap Ltd. stock, see the AU:WMI Stock Forecast page.
More about WAM Microcap Ltd.
WAM Microcap Ltd is an Australian listed investment company focused on undervalued growth opportunities in the domestic micro-cap segment. It manages a diversified portfolio of small-to-mid cap stocks, aiming to outperform the S&P/ASX Small Ordinaries Accumulation Index while delivering a consistent stream of fully franked dividends to shareholders.
Average Trading Volume: 222,896
Technical Sentiment Signal: Strong Buy
See more data about WMI stock on TipRanks’ Stock Analysis page.