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WAM Research Limited Announces Interim Dividend Amid Mixed Portfolio Performance

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WAM Research Ltd. ( (AU:WAX) ) has provided an update.

WAM Research Limited announced an interim dividend of 5.0 cents per share, partially franked at 60%, payable on April 30, 2025. The company’s ability to continue paying dividends at the current level depends on generating additional profits reserves and franking credits. The investment portfolio saw mixed performance, with The Reject Shop contributing positively due to its acquisition by Dollarama, while Myer Holdings faced challenges impacting its earnings. Despite this, WAM Research remains optimistic about Myer Holdings’ future prospects.

More about WAM Research Ltd.

WAM Research Limited is an investment company focused on identifying undervalued growth opportunities in the Australian market. The company is known for its investment portfolio performance and dividend yields, providing shareholders with consistent returns.

YTD Price Performance: 2.59%

Average Trading Volume: 143,260

Technical Sentiment Signal: Strong Sell

See more data about WAX stock on TipRanks’ Stock Analysis page.

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