InvestSMART

WAM Active Limited (ASX:WAA)

ALERT: Price-sensitive ASX Announcement for WAA
Current share price for WAA : $1.130 0.09 (8.65%)+
Announcement
Release
26 Feb 2026 9:46AM
Price at Release
$1.040
Full Release
download
Summary
WAM Active Limited (ASX: WAA) reported a significant outperformance of its investment portfolio for the 12 and six-month periods ending 31 December 2025, with increases of 41.4% and 31.4%, respectively. This success is attributed to effective stock selections and dynamic portfolio strategies. The company declared an increased fully franked interim dividend and a special dividend, highlighting its robust financial performance. The dividends contribute to an annualised yield of 6.2% and a grossed-up yield of 8.9%. Additionally, the company strengthened its capital base by raising $70.7 million through an Entitlement Offer, enhancing its market presence. The portfolio has been strategically positioned towards precious and base metals to capitalize on favorable economic conditions.
Key Points
  • WAM Active Limited (ASX: WAA) investment portfolio significantly outperformed for the 12 and six-month periods to 31 December 2025.
  • The investment portfolio increased by 41.4% and 31.4% respectively, attributable to stock selections and dynamic portfolio construction.
  • The company declared an increased fully franked interim dividend of 3.2 cents per share and a special fully franked dividend of 1.0 cents per share.
  • WAM Active's investment strategy and team expertise are credited for delivering excellent investment portfolio performance.
  • The dividends declared equate to an annualised fully franked interim dividend yield of 6.2% and a grossed-up dividend yield of 8.9%.
  • Since inception, WAM Active has paid 104.7 cents per share in fully franked dividends.
  • The company raised $70.7 million through an oversubscribed Entitlement Offer in February 2026, increasing assets by 84%.
  • The increased capital base is expected to enhance market liquidity, broker coverage, and access to market opportunities.
  • WAM Active has shifted portfolio positioning towards precious and base metals, anticipating outperformance due to macroeconomic trends.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.