WAM Capital announces record profit and increased fully franked dividend
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)
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap (ASX: WMI), WAM Alternative Assets (ASX: WMA), WAM Strategic Value (ASX: WAR), WAM Research (ASX: WAX) and WAM Active (ASX: WAA) - and the Wilson Asset Management Leaders Fund. Wilson Asset Management invests over $5 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the first LICs to deliver both investment and social returns: Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG).
Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap...
Wilson Asset Management
Wilson Asset Management has a track record of making a difference for shareholders and the community for 25 years and is the investment manager for eight LICs - WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB), WAM Microcap...
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