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WAM Capital (ASX:WAM) Dividend Payout Ratio : 0.92 (As of Jun. 2023)


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What is WAM Capital Dividend Payout Ratio?

WAM Capital's dividend payout ratio for the months ended in Jun. 2023 was 0.92.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of WAM Capital Ltd is 0.98, which seems too high.

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

ASX:WAM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.79   Max: 7.38
Current: 0.98


During the past 13 years, the highest Dividend Payout Ratio of WAM Capital was 7.38. The lowest was 0.29. And the median was 0.79.

ASX:WAM's Dividend Payout Ratio is ranked worse than
60.36% of 936 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:WAM: 0.98

As of today (2024-04-26), the Dividend Yield % of WAM Capital is 10.30%.

During the past 13 years, the highest Trailing Annual Dividend Yield of WAM Capital was 10.99%. The lowest was 2.83%. And the median was 6.77%.

WAM Capital's Dividends per Share for the 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.


WAM Capital Dividend Payout Ratio Historical Data

The historical data trend for WAM Capital'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 Capital Dividend Payout Ratio Chart

WAM Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 - 0.46 - 0.98

WAM Capital Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 1.44 - 1.05 0.92

Competitive Comparison of WAM Capital's Dividend Payout Ratio

For the Asset Management subindustry, WAM Capital'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 Capital's Dividend Payout Ratio Distribution in the Asset Management Industry

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

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



WAM Capital Dividend Payout Ratio Calculation

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

WAM Capital'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 )
=0.155/ 0.159
=0.97

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

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2023 )/ EPS without NRI (Q: Jun. 2023 )
=0.078/ 0.085
=0.92

* 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) 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 Capital Dividend Payout Ratio Related Terms

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


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.

WAM Capital (ASX:WAM) Headlines

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