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WAM Research Limited (ASX:WAX)

ALERT: Price-sensitive ASX Announcement for WAX
Current share price for WAX : $0.860 -0.19 (-18.10%)+
Announcement
Release
24 Aug 2026 9:36AM
Price at Release
$1.050
Full Release
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Summary
WAM Research Limited announced a final dividend of 5.0 cents per share, partially franked at 50%, for the fiscal year 2026, bringing total dividends to 10.0 cents per share, partially franked at 55%. The company faced a challenging financial year with an 18.0% decrease in its investment portfolio, impacted by difficult market conditions for small-to-mid cap industrial companies. Despite this, since changing its investment strategy in 2010, WAM Research has achieved an annual return of 12.8%. Future dividends are expected to be partially franked based on future tax payments and franking credits, reflecting the company's commitment to providing fully franked dividends and achieving high real rates of return.
Key Points
  • WAM Research Limited (ASX: WAX) declared a final dividend of 5.0 cents per share, partially franked at 50%.
  • Total dividends for FY2026 amounted to 10.0 cents per share, partially franked at 55%.
  • The investment portfolio decreased by 18.0% for the year ended 30 June 2026.
  • The WAM Research investment strategy has returned 12.8% per annum since July 2010.
  • The challenging market conditions in 2026 affected the performance of undervalued small-to-mid cap industrial companies.
  • Future dividends could be partially franked at about 10% for FY2027, contingent on tax payments on realised profits.
  • WAM Research aims to provide fully franked dividends and high real rates of return.
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.