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WAM Leaders (ASX:WLE) Dividend Payout Ratio : 3.46 (As of Dec. 2023)


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What is WAM Leaders Dividend Payout Ratio?

WAM Leaders's dividend payout ratio for the months ended in Dec. 2023 was 3.46.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of WAM Leaders Ltd is 1.80, which seems too high.

The historical rank and industry rank for WAM Leaders's Dividend Payout Ratio or its related term are showing as below:

ASX:WLE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.65   Max: 8.86
Current: 1.8


During the past 6 years, the highest Dividend Payout Ratio of WAM Leaders was 8.86. The lowest was 0.25. And the median was 0.65.

ASX:WLE's Dividend Payout Ratio is ranked worse than
84.63% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs ASX:WLE: 1.80

As of today (2024-05-16), the Dividend Yield % of WAM Leaders is 6.50%.

During the past 6 years, the highest Trailing Annual Dividend Yield of WAM Leaders was 6.50%. The lowest was 3.59%. And the median was 4.61%.

WAM Leaders's Dividends per Share for the months ended in Dec. 2023 was A$0.05.

During the past 12 months, WAM Leaders's average Dividends Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.80% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of WAM Leaders was 15.00% per year. The lowest was 11.10% per year. And the median was 13.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


WAM Leaders Dividend Payout Ratio Historical Data

The historical data trend for WAM Leaders's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WAM Leaders Dividend Payout Ratio Chart

WAM Leaders Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.57 8.86 0.25 1.15 0.73

WAM Leaders Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 - 0.50 1.22 3.46

Competitive Comparison of WAM Leaders's Dividend Payout Ratio

For the Asset Management subindustry, WAM Leaders's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WAM Leaders's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Leaders's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where WAM Leaders's Dividend Payout Ratio falls into.



WAM Leaders Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

WAM Leaders's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2023 )/ EPS without NRI (A: Jun. 2023 )
=0.085/ 0.117
=0.73

WAM Leaders's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.045/ 0.013
=3.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WAM Leaders (ASX:WLE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


WAM Leaders Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of WAM Leaders's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


WAM Leaders (ASX:WLE) Business Description

Traded in Other Exchanges
N/A
Address
Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000
WAM Leaders Ltd is an investment company. The company invests in ASX-listed companies. Its investment objectives are to deliver a stream of fully franked dividends, provide capital growth over the medium-to-long term, and preserve capital. The Company currently engages in investing activities, including cash, term deposits, and equity investments.

WAM Leaders (ASX:WLE) Headlines

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