WAM Capital cuts dividend target to AUD 0.08 per share for WAM Capital stock

Published on 10/19/2026 at 02:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

WAM Capital reported a 10.50 percent portfolio decline in fiscal 2026. WAM Capital stock has a 7.75-cent payment due October 21, 2026.

Dividend reset and payment dates

WAM Capital's portfolio fell 10.50 percent in fiscal year 2026.
The FY2027 dividend target was reduced to AUD 0.08 per share on September 22, 2026.
WAM Capital stock was last quoted at AUD 1.00 on October 19, 2026 at 10:40 a.m. AEDT.

WAM Capital, AU000000WAM2, Illustration mit AI erstellt.

WAM Capital (AU000000WAM2) cut its FY2027 dividend target from AUD 0.155 to AUD 0.08 per share after its investment portfolio fell 10.50 percent in fiscal year 2026, according to EarningsAPI on September 22, 2026. The reset is designed to preserve capital while the listed investment company rebuilds its profit reserve.

Results exposed the pressure

Kapitales Research reported that WAM Capital's operating result before tax shifted to a loss of AUD 186.7 million in fiscal year 2026 from a profit of AUD 304.0 million in fiscal year 2025. The after-tax result moved to a loss of AUD 125.9 million from a profit of AUD 219.6 million.

The portfolio performance also reversed from a 22.20 percent gain in fiscal year 2025 to a 10.50 percent decline in fiscal year 2026. Pre-tax net tangible assets fell to AUD 1.22 per share on June 30, 2026, from AUD 1.57 a year earlier, according to Kapitales Research.

What does the dividend reset change?

The previous annualized target of AUD 0.155 per share is being replaced by two intended FY2027 payments of AUD 0.04 each. The target remains dependent on portfolio performance, while the FY2026 distribution totals AUD 0.155 per share and includes a 7.75-cent final payment, 60 percent franked, according to FinancialFilings.

Three dates explain the reset

On August 28, 2026, WAM Capital released fiscal 2026 results showing a 10.50 percent portfolio decline, as reported by Kapitales Research. On September 22, 2026, management presented the AUD 0.08 per-share FY2027 target in its results webinar, according to FinancialFilings. On September 23, 2026, the published transcript confirmed the AUD 7.75-cent final payment due on October 21, 2026.

Next payment and shareholder event

WAM Capital's next scheduled shareholder presentation is October 20, 2026, followed by the AUD 7.75-cent final dividend payment on October 21, 2026, according to FinancialFilings.

Stock trades near its yearly low

WAM Capital was last quoted at AUD 1.00 on the ASX on October 19, 2026 at 10:40 a.m. AEDT. Its market capitalization was AUD 1.1 billion, while the 52-week range stood at AUD 0.99 to AUD 1.89 on the same market-data timestamp.