WAM Active Limited Declares Fully Franked Final Dividend for the Year 2022, Payable on 28 October 2022
August 23, 2022 at 08:42 pm EDT
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The Board of WAM Active Limited declared a fully franked final dividend of 3.0 cents per share for the year ended June 30, 2022, bringing the fully franked full year dividend to 6.0 cents per share. The dividend will be paid on 28 October 2022. Ex-dividend date is 17 October 2022 and record date is 18 October 2022.
WAM Active Limited is an Australia-based investment company engaged in investing activities, including cash, term deposits, and equity investments. The Companyâs investment objectives are to deliver a regular income stream of fully franked dividends, provide a positive return with low volatility, and preserve capital. It manages the market for various opportunities, including initial public offerings, placements, block trades, rights issues, corporate transactions (such as takeovers, mergers, schemes of arrangements, and restructures), listed investment companies (LIC), discount arbitrages, and short selling. The Company invests in various sectors, including financials, consumer discretionary, healthcare, consumer staples, materials and information technology. The Companyâs listed investment companies include WAM Capital, WAM Leaders, WAM Global, WAM Research, WAM Active, WAM Microcap, WAM Alternative Assets, and WAM Strategic Value. The Company's investment manager is MAM Pty Limited.