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WAM Leaders Limited (ASX:WLE)

ALERT: Price-sensitive ASX Announcement for WLE
Current share price for WLE : $1.395 0.065 (4.89%)+
Announcement
Release
15 Aug 2025 10:58AM
Price at Release
$1.330
Full Release
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Summary
WAM Leaders Limited announced an increase in its fully franked full year dividend for the financial year ending 30 June 2025. The company declared a fully franked full year dividend of 9.4 cents per share, translating to a fully franked dividend yield of 7.1% and a grossed-up yield of 10.1% including franking credits. Despite underperforming against the S&P/ASX 200 Accumulation Index during the financial year due to strategic underweight positions in momentum-driven stocks, the company remains confident in its investment strategy focused on quality, earnings resilience, and growth. WAM Leaders reported an operating profit before tax of $79.0 million, significantly up from $20.2 million in the prior year. The company maintains 2.6 years of dividend coverage, with a profits reserve of 24.7 cents per share as of 30 June 2025. Future dividends may face franking challenges if no additional franking credits are generated.
Key Points
  • Increased fully franked full year dividend to 9.4 cents per share.
  • Dividend yield of 7.1% and grossed-up yield of 10.1% including franking credits.
  • Underperformance against S&P/ASX 200 due to strategic positioning.
  • Focus on quality, earnings resilience, and growth for future performance.
  • Operating profit before tax of $79.0 million, up from $20.2 million.
  • Maintains 2.6 years of dividend coverage with a profits reserve.
  • Potential future franking challenges without additional credits.
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.