WAM Leaders Limited (ASX: WLE) announced a 12.5% rise in the fully franked interim dividend of 4.5 cents per share, providing an annualized fully franked dividend yield of 6.0% and a grossed-up dividend yield of 8.6% to shareholders.
The WLE profits reserve at the end of the period was 41.1 cents per share prior to paying the fully franked interim dividend of 4.5 cents per share, reflecting 4.6 years of dividend coverage. The company had paid 35.15 cents per share in fully franked dividends to shareholders, Since its inception in May 2016. The WLE audited 1HFY23 results will be declared to the market by 28 February 2023.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
