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The latest announcement is out from WAM Research Ltd. ( (AU:WAX) ).
WAM Research Ltd. announced a significant outperformance of its investment portfolio over the S&P/ASX indices, with a 39.9% increase in 2024, leading to a substantial rise in operating profits. The Board declared an interim dividend of 5.0 cents per share, supported by the strong portfolio performance and a robust profits reserve, indicating a strong financial position and commitment to shareholder returns.
More about WAM Research Ltd.
WAM Research Ltd. is an investment company, with a focus on outperforming key stock market indices through strategic stock selection. The company emphasizes investment in small-cap companies and has a long-standing approach that has consistently delivered strong returns and dividends to its shareholders.
YTD Price Performance: 5.17%
Average Trading Volume: 130,961
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of WAX stock, go to TipRanks’ Stock Analysis page.