Wam Research Limited Declares Interim Dividend for 2021, Payable on April 20, 2021
February 24, 2021 at 03:45 am IST
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WAM Research Limited declared a fully franked interim dividend of 4.95 cents per share to be paid on April 20, 2021. The record date is April 8, 2021 and ex-dividend date is April 7, 2021.
WAM Research Limited is an Australia-based investment company. The principal activity of the Company is making investments in listed companies. The Companyâs investment objectives are to provide a stream of fully franked dividends and achieve a high real rate of return, comprising both income and capital growth, within acceptable risk parameters. It provides investors with exposure to a diversified portfolio of undervalued growth companies, which are generally small-to-medium sized industrial companies listed on the Australian Securities Exchange (ASX). It invests in various sectors, such as consumer discretionary, industrials, cash, healthcare, information technology, financials, communication services, consumer staples, real estate, energy and materials. MAM Pty Limited is the investment manager of the Company.