WAM MicrocapASX:WMI +2.50%57 Dividend Payout Ratio is 0.48 as of Dec. 2025, which is 29% below its 10-year median of 0.68. GuruFocus rates ASX:WMI with a GF Score™ of 57/100 and a GF Value™ of A$1.59 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 932 Asset Management companies, WAM Microcap ranks better than 50.43% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. WAM Microcap's Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.48.
The historical rank and industry rank for WAM Microcap's Dividend Payout Ratio or its related term are showing as below:
ASX:WMI'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.68 Max: 0.86
Current: 0.7
During the past 7 years, the highest Dividend Payout Ratio of WAM Microcap was 0.86. The lowest was 0.18. And the median was 0.68.
ASX:WMI's Dividend Payout Ratio is ranked better than 50.43% of 932
companies
in the Asset Management industry
Industry Median: 0.7
vs ASX:WMI: 0.70
During the past 3 years, the average Dividends Per Share Growth Rate was 5.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 14.80% per year.
During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of WAM Microcap was 27.90% per year. The lowest was 5.60% per year. And the median was 19.65% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
WAM Microcap (ASX:WMI) Dividend Payout Ratio Explanation
In dividends investing, Dividend 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 Microcap Dividend Payout Ratio Related Terms
WAM Microcap Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for WAM Microcap'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.
ASX:WMI vs BLK, BX, KKR: Dividend Payout Ratio Comparison
For the Asset Management subindustry, WAM Microcap'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 Microcap Dividend Payout Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, WAM Microcap's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where WAM Microcap's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
WAM Microcap's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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) has a Dividend Payout Ratio of 0.48 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on WAM Microcap and its competitors. This is 29% below median its historical median of 0.68. Over the past decade, WAM Microcap's Dividend Payout Ratio has ranged from 0.18 to 0.86. According to the industry distribution chart, WAM Microcap ranks #462 out of 932 companies in the Asset Management industry, placing it in the top 49.6%.
Is WAM Microcap's Dividend Payout Ratio too high?
WAM Microcap's current Dividend Payout Ratio of 0.48 is 29% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.86. The Asset Management industry median Dividend Payout Ratio is 0.70. WAM Microcap's value of 0.48 is 31.4% below this industry median. Based on the distribution chart, WAM Microcap ranks #462 out of 932 companies in the Asset Management industry, which is above the industry midpoint. Overall, WAM Microcap has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WAM Microcap's Dividend Payout Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, WAM Microcap ranks #462 out of 932 companies for Dividend Payout Ratio. This puts WAM Microcap in the upper half of its industry. The industry median Dividend Payout Ratio is 0.70. WAM Microcap's value of 0.48 is 31.4% below this benchmark. Historically, WAM Microcap's own Dividend Payout Ratio has ranged from 0.18 to 0.86 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.70, WAM Microcap has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.70, based on 932 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. WAM Microcap's current Dividend Payout Ratio of 0.48 is 31.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on WAM Microcap and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WAM Microcap's current Dividend Payout Ratio is 0.48, which is 29% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WAM Microcap stock overvalued right now?
Based on GuruFocus' analysis, WAM Microcap (ASX:WMI) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.59, compared to a current price of A$1.44 — trading 9.7% below its estimated fair value. The current Dividend Payout Ratio is 0.48, which is 29% below median its 10-year median of 0.68 and 31.4% below the Asset Management industry median of 0.70. WAM Microcap's overall GF Score™ is 57/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For WAM Microcap (ASX:WMI), the current Dividend Payout Ratio is 0.48 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is WAM Microcap (ASX:WMI) Overvalued in 2026?
Based on GuruFocus' analysis, WAM Microcap stock appears to be undervalued.
The current stock price of A$1.44 is trading 9.7% below its estimated GF Value™ of A$1.59.
GuruFocus considers WAM Microcap to be Modestly Undervalued.
Key valuation signals for ASX:WMI:
Dividend Payout Ratio: 0.48 (29% below median its 10-year median of 0.68)
GF Value™: A$1.59 vs. price of A$1.44 (9.7% below fair value)
Industry Position: 31.4% below the Asset Management median (#462 of 932)
No single metric tells the full story. See the ASX:WMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WAM Microcap Ltd is an investment company based in Australia. Its investment objectives are to deliver a stream of fully franked dividends, provide capital growth in the medium-to-long term, and preserve capital. The company is engaged in making investments in listed companies, and provides investors access to a portfolio of undervalued micro-cap growth companies with a market capitalisation of less than 300 million dollars at the time of acquisition. WAM Microcap also provides exposure to relative value arbitrage and market mispricing opportunities.
57GF Score
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