WAM Leaders Limited (ASX: WLE) today announced its maiden interim results, reporting an operating profit before tax of $24.2 million and an operating profit after tax of $17.8 million for the period since commencement of operations on 23 May 2016 to 31 December 2016. WAM Leaders Chairman Geoff Wilson said the Company was pleased to announce a maiden fully franked interim dividend of 1.0 cent per share. “As we have deployed $394.3 million of shareholders’ capital, our focus has remained firmly on our investment objectives – providing a stream of fully franked dividends to shareholders while preserving their capital and delivering capital growth,” Mr Wilson said. “We are pleased to announce a 1.0 cent per share maiden fully franked interim dividend, and the board currently anticipates a larger final dividend given the capital growth delivered since listing the Company on 30 May 2016,” he said. Read the full announcement below: (VIEW LINK)
Established in 1997 by Geoff Wilson, we are an independently owned investment manager based in Sydney. Today, Wilson Asset Management is comprised of eight investment professionals who offer a combined investment experience of almost 100 years.