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WAM Research Limited Announces Interim Dividend Amid Strong Portfolio Performance

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The latest announcement is out from WAM Research Ltd. ( (AU:WAX) ).

WAM Research Limited announced an interim dividend of 5.0 cents per share, partially franked at 60%, to be paid on April 30, 2025. The company’s investment portfolio outperformed the S&P/ASX All Ordinaries Accumulation Index in February, with significant contributions from EVT and Generation Development Group. EVT reported a 3.7% increase in EBITDA and an 8.3% rise in profit after tax, while Generation Development Group announced a major acquisition and reported substantial revenue and profit growth, enhancing its market position.

More about WAM Research Ltd.

WAM Research Limited is an investment company focused on identifying undervalued growth opportunities in the Australian market. The company primarily deals in investment portfolios and aims to generate profits through strategic investments, with a market focus on delivering dividends to its shareholders.

YTD Price Performance: 4.74%

Average Trading Volume: 142,494

Technical Sentiment Consensus Rating: Sell

Find detailed analytics on WAX stock on TipRanks’ Stock Analysis page.

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