WAM Strategic Value Ltd ( (AU:WAR) ) has provided an update.
WAM Strategic Value Ltd has announced a 33.3% increase in its fully franked interim dividend to 3.0 cents per share, reflecting strong investment portfolio performance with a 16.9% return in the year ending December 2024. This decision underscores the company’s commitment to delivering growing dividends to shareholders, despite broader market declines. The company’s strategic focus on discounted asset plays has allowed it to provide capital protection and maintain a competitive edge in the investment sector. The narrowing of share price discounts to NTA and strong global investment performance have further positioned WAM Strategic Value to benefit from continued interest in global LICs and LITs.
More about WAM Strategic Value Ltd
WAM Strategic Value Ltd is a company that focuses on investing in discounted asset plays, providing a differentiated source of return for its shareholders. The company is involved in the financial services industry, primarily dealing with investment portfolios that aim to close share price discounts to net tangible assets (NTA). It has a significant focus on global listed investment companies (LICs) and listed investment trusts (LITs), benefiting from global equities exposure and franked dividends.
YTD Price Performance: 1.79%
Average Trading Volume: 81,260
Technical Sentiment Consensus Rating: Sell
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