WAM Microcap Lifts Dividend as Portfolio Outperforms Despite December Pullback

WAM Microcap Ltd. ( (AU:WMI) ) has issued an announcement.

WAM Microcap reported net tangible assets of 149.64 cents per share after tax at 31 December 2025 and a portfolio size of $419.8 million, with its investment portfolio delivering 16.7% per annum since inception, significantly outperforming the S&P/ASX Small Ordinaries Accumulation Index. The company highlighted a fully franked full-year dividend of 10.6 cents per share, translating to a 6.6% fully franked and 9.4% grossed-up dividend yield based on its year-end share price, supported by a profits reserve of 55.4 cents per share and cumulative dividends of 75.35 cents per share, or 107.6 cents including franking credits. While the portfolio declined in December, performance was buoyed by medical technology holding Artrya after it secured a second US commercial customer for its AI-based coronary artery disease platform, whereas services group Tasmea detracted despite announcing an accretive acquisition of workforce solutions provider WorkPac Group, which WAM Microcap believes strategically positions it to benefit from tightening labour markets and infrastructure activity ahead of the Brisbane Olympics.

The most recent analyst rating on (AU:WMI) stock is a Hold 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 Limited is an Australian listed investment company focused on identifying undervalued growth opportunities in the domestic micro-cap segment of the equity market. The company manages an actively selected portfolio of smaller Australian companies and targets both capital growth and income for shareholders through investment performance and fully franked dividends.

Average Trading Volume: 174,995

Technical Sentiment Signal: Strong Buy

Learn more about WMI stock on TipRanks’ Stock Analysis page.