WAM Capital Limited (ASX:WAM) Announces Dividend Distribution
Dividend Details
WAM Capital Limited has declared a dividend of AUD 0.0775 per ordinary fully paid share for the period ending 31 December 2024. The ex-date is set for 16 April 2025, with a record date on 17 April 2025 and payment date scheduled for 30 April 2025. Sixty percent of the dividend is franked, and forty percent is unfranked.
Dividend Reinvestment Plan (DRP)
The company offers a Dividend Reinvestment Plan (DRP) with full DRP status. The last date to lodge DRP election notices is Wednesday, 23 April 2025 at 17:00. The DRP price will be calculated based on the volume weighted average market price of shares sold on the ASX on the ex-date and the following three trading days. DRP securities will be issued on 30 April 2025. The default option is to not participate in the DRP, resulting in a cash payment.
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