WAM Research Limited Declares Fully Franked Interim Dividend, Payable on 21 April 2023
February 23, 2023 at 06:12 pm
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The WAM Research Limited Board of Directors has declared a fully franked interim dividend of 5.0 cents per share, representing an annualised fully franked dividend yield of 7.7%.Ex-dividend date is 11 April 2023. Dividend record date is 12 April 2023. Fully franked interim dividend payment date is 21 April 2023.
WAM Research Limited is an Australia-based investment company. The principal activity of the Company is making investments in listed companies. The Companyâs investment objectives are to deliver a stream of fully franked dividends and to achieve a high real rate of return, comprising both income and capital growth, within the risk parameters acceptable to the directors. It provides investors with exposure to a diversified portfolio of undervalued growth companies, which are generally small-to-medium sized industrial companies listed on the Australian Securities Exchange (ASX). It invests in various sectors, such as industrials, consumer discretionary, healthcare, real estate, financials, consumer staples, communication services, materials, information technology and energy. MAM Pty Limited is the investment manager of the Company.