WAM Leaders (ASX:WLE) to pay 3.25 cent final dividend

Company News

by Anna Napoli

Wilson Asset Managements' listed blue chip fund, WAM Leaders  (ASX:WLE) has declared a fully franked final dividend of 3.25 cents per share which brings the fund’s full year dividend to 6.5 cents per share.

The full year dividend is up 15 per cent on the previous financial year.

The listed investment company has outperformed the S&P ASX 200 by 10.4 per cent over the financial year.

The increase was driven by the fund's 2.7 per cent full year return.

Shares in WAM Leaders (ASX:WLE) are trading 2.78 per cent higher at $1.11.
 

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.