WAM Capital announces record profit and increased fully franked dividend

Wilson Asset Management

WAM Capital today announced its highlights for the half year to 31 December 2015: Operating profit before tax of $103.0m, up 248.5%; 12-month performance 25.6%, outperforming the market by 21.8%; Fully franked interim dividend increased to 7.25 cents. Chairman Geoff Wilson said the Company had delivered a strong performance during a volatile and challenging year in the Australian stock market: “The investment team has again demonstrated both its value and commitment to WAM Capital’s shareholders, delivering an increase of almost 250% in pre-tax profit while holding a cash weighting of 31.5% over the year." View the full announcement here: (VIEW LINK)

Wilson Asset Management

Established in 1997 by Geoff Wilson, we are an independently owned investment manager based in Sydney. Today, Wilson Asset Management is comprised of ten investment professionals who offer a combined investment experience of almost 100 years.



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