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WAM Microcap (ASX:WMI) Dividend Yield % : 7.47% (As of May. 20, 2024)


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What is WAM Microcap Dividend Yield %?

As of today (2024-05-20), the Trailing Annual Dividend Yield of WAM Microcap is 7.47%.

Good Sign:

WAM Microcap Ltd stock dividend yield is close to 5-year high.

The historical rank and industry rank for WAM Microcap's Dividend Yield % or its related term are showing as below:

ASX:WMI' s Dividend Yield % Range Over the Past 10 Years
Min: 2.39   Med: 3.77   Max: 7.52
Current: 7.47

During the past 5 years, the highest Dividend Yield of WAM Microcap was 7.52%. The lowest was 2.39%. And the median was 3.77%.

ASX:WMI's Dividend Yield % is ranked better than
64.83% of 1217 companies
in the Asset Management industry
Industry Median: 5.48 vs ASX:WMI: 7.47

WAM Microcap's Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.18.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of WAM Microcap Ltd is 1.28, which seems too high.

During the past 5 years, the highest Dividend Payout Ratio of WAM Microcap was 1.28. The lowest was 0.18. And the median was 0.74.

As of today (2024-05-20), the Forward Dividend Yield % of WAM Microcap is 7.47%.

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

During the past 12 months, WAM Microcap's average Dividends Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.80% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of WAM Microcap was 27.90% per year. The lowest was 24.80% per year. And the median was 26.35% per year.

The growth rate is calculated with least square regression.

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


WAM Microcap Dividend Yield % Historical Data

The historical data trend for WAM Microcap's Dividend Yield % 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 Microcap Dividend Yield % Chart

WAM Microcap Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
- - - - -

WAM Microcap Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 7.50

Competitive Comparison of WAM Microcap's Dividend Yield %

For the Asset Management subindustry, WAM Microcap's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Microcap's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Microcap's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where WAM Microcap's Dividend Yield % falls into.



WAM Microcap Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

WAM Microcap Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0525002024-05-172024-05-202024-05-30Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0525002023-10-032023-10-042023-10-16Cash Dividendsemi-annuallyAUD:AUD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

WAM Microcap's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.105/1.41
=7.45 %

Current Share Price is A$1.41.
WAM Microcap's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.105.

WAM Microcap's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.105/1.41
=7.45 %

Current Share Price is A$1.41.
WAM Microcap's Dividends per Share for the forward twelve months is calculated as A$0.0525 * 2 = A$0.105.

* 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 Microcap  (ASX:WMI) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


WAM Microcap Dividend Yield % Related Terms

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


WAM Microcap (ASX:WMI) Business Description

Traded in Other Exchanges
N/A
Address
Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000
WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

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