tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

WAM Income Maximiser Declares October Dividend Amid Strong Portfolio Performance

Story Highlights
WAM Income Maximiser Declares October Dividend Amid Strong Portfolio Performance

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

WAM Income Maximiser Limited ( (AU:WMX) ) has shared an announcement.

WAM Income Maximiser Limited has declared an October fully franked dividend of 0.30 cents per share, supported by strong investment portfolio performance since its inception in April 2025. The company anticipates continued strong performance, with a focus on maintaining regular monthly dividends, leveraging a short-duration debt portfolio, and strategic equity positions, particularly in resources, to capitalize on anticipated global growth and market conditions.

More about WAM Income Maximiser Limited

WAM Income Maximiser Limited is a listed investment company managed by Wilson Asset Management. It aims to provide monthly franked dividends and capital growth by investing in Australia’s highest quality companies and corporate debt instruments. The company focuses on investment-grade corporate debt to ensure stable income and capital protection for shareholders.

Average Trading Volume: 197,142

Technical Sentiment Signal: Strong Buy

For detailed information about WMX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1