WAM Reports Record Operating Profit and Maintains Final Dividend

August 19, 2021

WAM Capital Limited (ASX: WAM) announced a record operating profit before tax of $343.3m for FY21 on the back of strong portfolio performance. WAM’s pre-tax NTA (including dividends) increased 29.5% in FY21 with a total shareholder return (TSR) of 28.9%. The Company maintained the final dividend of 7.75cps, fully franked, taking the full year dividend to 15.5cps, fully franked. This in line with the full year dividend for FY20. Based on the close price of $2.23 on 19 August 2021, the full year dividend represents a yield of 6.95%.