WAM Microcap Ltd. ( (AU:WMI) ) just unveiled an announcement.
Wilson Asset Management has announced the launch of its ninth listed investment company, WAM Income Maximiser, which aims to provide investors with monthly franked dividends and capital growth. This new offering addresses a gap in the Australian equity market for franked income sources, particularly following recent changes affecting bank hybrids, and includes a priority offer for existing shareholders and associated entities.
More about WAM Microcap Ltd.
Wilson Asset Management is a financial services company that specializes in managing listed investment companies (LICs) focused on providing shareholders with fully franked dividends and capital growth. The company operates multiple LICs, catering to various investment strategies and market demands.
YTD Price Performance: 4.45%
Average Trading Volume: 164,703
Technical Sentiment Consensus Rating: Sell
Learn more about WMI stock on TipRanks’ Stock Analysis page.