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

Wilson Asset Management

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)

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Wilson Asset Management

Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...

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