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WAM Research Ltd. ( (AU:WAX) ) has issued an announcement.
WAM Research Limited announced an interim dividend of 5.0 cents per share, partially franked at 60%, paid on April 30, 2025. The company’s ability to maintain its dividend levels depends on its investment portfolio performance and the generation of franking credits. The investment portfolio saw contributions from Service Stream and Maas Group Holdings, both of which performed well due to strong operational results and strategic growth initiatives. Service Stream’s revenue increased by 7.9%, with significant earnings growth, while Maas Group Holdings benefited from strategic mergers and acquisitions, as well as a positive market response to lower interest rates.
More about WAM Research Ltd.
WAM Research Limited operates in the investment industry, focusing on identifying undervalued growth opportunities within the Australian market. The company is known for its investment portfolio performance and dividend distributions, with a market focus on generating profits reserves and franking credits through positive investment outcomes.
Average Trading Volume: 161,234
Technical Sentiment Signal: Strong Buy
For detailed information about WAX stock, go to TipRanks’ Stock Analysis page.