The WAM Research Limited (ASX: WAX) investment portfolio increased 22.4%* in the
financial year to 30 June 2025, outperforming the S&P/ASX All Ordinaries
Accumulation Index by 9.2% and the S&P/ASX Small Ordinaries Accumulation Index
by 10.1%.
The WAM Research Board of Directors declared a full year dividend of 10.0 cents per
share, with the final dividend being 5.0 cents per share, partially franked at 60%. The full
year dividend represents a high dividend yield of 8.1%^ and a grossed-up yield of 10.2%,
when including the value of franking credits. The dividend yield on the Company’s pre-tax
net tangible assets (NTA) at 30 June 2025 is 9.2% and the grossed-up dividend yield is
11.6%#
Lead Portfolio Manager Oscar Oberg said:
“The WAM Research investment team is
pleased to have delivered strong investment portfolio outperformance for shareholders.
We remain committed to our proven research-driven investment process that underpins
our stock selection. Entering the 2026 financial year, we see a favourable environment for
small-cap companies and are excited about the opportunities we have identified.”
Register for the WAM Research FY2025 Full Year Results Q&A Webinar at 11:00am (Sydney time) on Wednesday, 10 September 2025.
For further information, read the WAM Research FY2025 Media Release and Annual Report.
