Latest Small Cap Industrials News

WAM Capital’s investment portfolio fell 10.5% in FY2026, while Wilson Asset Management set an 8.0 cents per share target for the next financial year. The presentation points to a thin 0.7-year dividend reserve after the final payout, even as management argues small-cap valuations and takeover activity are improving.

WAM Capital reported a 10.5% decline in investment portfolio performance for FY2026, but retained its full-year dividend at 15.5 cents per share. The listed investment company is targeting an 8.0-cent dividend for FY2027, backed by a profits reserve of 5.7 cents per share after the latest payout.

Wilson Asset Management declared a 15.5 cents per share dividend for FY2026 despite a 10.5% portfolio loss, setting a cautious 8.0 cents dividend target for FY2027 amid macroeconomic headwinds.

WAM Research’s FY2026 investment portfolio dropped 18%, dragging the company to a $28 million net loss. Despite underperformance, the LIC sustains its 10 cents per share dividend, backed by strong reserves and franking credits.

Wilson Asset Management's active portfolio surged 75.5% in FY2026, vastly outperforming benchmarks and underpinning a generous fully franked dividend. The fund's pivot to AI, critical minerals, and small resources sectors underpins a cautiously optimistic outlook amid market volatility.