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WAM Research lifts interim dividend

WAM Research will raise its interim dividend by 7 per cent to 4¢ per share – the highest half-year payout in over a decade – as the listed investment company prepares to reveal its profits next month.

Ruth LiewReporter
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WAM Research will raise its interim dividend by 7 per cent to 4¢ per share – the highest half-year payout in more than a decade – as the listed investment ­company prepares to reveal its profit next month.

The LIC, which has a market value of $170 million, will raise its interim ­dividend from last year’s 3.75¢ in an announcement to be revealed on the Australian Securities Exchange on Tuesday.

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Ruth Liew writes on business specialising in Insurance, wealth management and financial services. Ruth is based in our Sydney newsroom. Connect with Ruth on Twitter.

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    Original URL: https://www.afr.com/companies/financial-services/wam-research-lifts-interim-dividend-20150127-12ymxs