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WAM Capital Surges with 40% Profit Growth and 7.75c Dividend

9:36am on Friday 14th of February, 2025 AEDT Financial Services
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WAM Capital Surges with 40% Profit Growth and 7.75c Dividend

9:36am on Friday 14th of February, 2025 AEDT
Key Points
  • Net profit after tax up 40.6% to $149.8 million
  • Investment portfolio grew 14.9%, outperforming ASX All Ordinaries by 8%
  • Interim dividend declared at 7.75 cents per share, partially franked at 60%
  • Net tangible assets increased to $1.59 per share before tax
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