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WAM Strategic Value Ltd ( (AU:WAR) ) has issued an announcement.
WAM Strategic Value reported assets of $233 million, an estimated look-through pre-tax NTA of $1.43 per share, and a month-end share price of $1.185 as at 30 April 2026. The board declared a fully franked interim dividend of 3.25 cents per share, supporting an annualised fully franked interim dividend yield of 5.5% and a grossed-up yield of 7.9%, underpinned by a profits reserve of 23 cents per share.
The investment portfolio rose 7.2% per annum since inception, with April performance boosted by holdings in Australian Unity Office Fund and NAOS Small Cap Opportunities Company. WAR exited its substantial shareholding in NAOS after its share price moved from a deep discount to a premium to pre-tax NTA, signalling disciplined capital management as the manager realises gains from narrowing valuation gaps in its target universe.
More about WAM Strategic Value Ltd
WAM Strategic Value Ltd is an Australian listed investment company focused on discounted asset opportunities, trading on the ASX under the ticker WAR. It manages a diversified portfolio of listed investments and targets value in situations where underlying net tangible assets trade at discounts, aiming to deliver fully franked dividends and capital growth to shareholders.
Average Trading Volume: 177,357
Technical Sentiment Signal: Buy
Learn more about WAR stock on TipRanks’ Stock Analysis page.