WAM Leaders announces maiden interim fully franked dividend and half yearly results

Wilson Asset Management

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)


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.

Expertise

ASX:WLE

Comments

Please sign in to comment on this wire.