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WAM Microcap Limited (ASX:WMI)

ALERT: Price-sensitive ASX Announcement for WMI
Current share price for WMI : $1.315 -0.095 (-6.74%)+
Announcement
Release
20 Aug 2026 10:38AM
Price at Release
$1.410
Full Release
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Summary
WAM Microcap Limited (ASX: WMI) announced a fully franked final dividend of 5.35 cents per share, concluding the full year dividend at 10.7 cents per share, representing a dividend yield of 7.6% and a grossed-up yield of 10.9% when including franking credits. The company faced a challenging year with a slight portfolio increase of 0.1% compared to the S&P/ASX Small Ordinaries Accumulation Index's 8.1% increase. This underperformance was attributed to limited exposure to high-performing resources companies. Despite this, WAM Microcap remains committed to identifying undervalued micro-cap industrial companies to benefit shareholders in the long term. An operating loss before tax of $2.4 million was reported for FY2026. The Dividend Reinvestment Plan will apply to the final dividend, offering a 2.5% discount.
Key Points
  • Fully franked final dividend of 5.35 cents per share declared.
  • Total fully franked full year dividend reaches 10.7 cents per share.
  • Dividend yield of 7.6% and grossed-up yield of 10.9% including franking credits.
  • Portfolio increase of 0.1% versus 8.1% by the S&P/ASX Small Ordinaries Accumulation Index.
  • Underperformance due to limited exposure to resources companies.
  • Operating loss before tax of $2.4 million reported for FY2026.
  • Dividend Reinvestment Plan offers a 2.5% discount.
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.