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WAM Capital (ASX:WAM) Forward Dividend Yield % : 10.44% (As of May. 01, 2024)


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What is WAM Capital Forward Dividend Yield %?

As of today (2024-05-01), the Forward Annual Dividend Yield of WAM Capital is 10.44%.

As of today (2024-05-01), the Trailing Annual Dividend Yield of WAM Capital is 10.44%.

ASX:WAM's Forward Dividend Yield % is ranked better than
81.83% of 1205 companies
in the Asset Management industry
Industry Median: 5.88 vs ASX:WAM: 10.44

WAM Capital's Dividends per Share for the six months ended in Jun. 2023 was A$0.08.

During the past 5 years, the average Dividends Per Share Growth Rate was 0.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of WAM Capital was 58.70% per year. The lowest was -18.90% per year. And the median was 13.30% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of WAM Capital's Forward Dividend Yield %

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

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

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



WAM Capital Forward Dividend Yield % Calculation

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

WAM Capital Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0780002024-04-182024-04-192024-04-30Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0780002023-10-172023-10-182023-10-31Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0780002023-05-152023-05-162023-05-26Cash 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 Capital's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.156/1.48
=10.54 %

Current Share Price is A$1.48.
WAM Capital's Dividends per Share for the forward twelve months is calculated as A$0.078 * 2 = A$0.156.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.234/1.48
=15.81 %

Current Share Price is A$1.48.
WAM Capital's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.234.

* 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 Capital  (ASX:WAM) Forward 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 Capital Forward Dividend Yield % Related Terms

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WAM Capital (ASX:WAM) Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
WAM Capital Ltd is a closed-end investment fund, which engages in investing activities, including cash, term deposits, and equity investments. It provides exposure to relative value arbitrage and market mispricing opportunities and manages a diversified portfolio of undervalued growth companies. Its investment objective is to deliver a stream of fully franked dividends, provide capital growth, and preserve capital.

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