WAM Microcap (ASX:WMI) Dividend Payout Ratio : 1.18 (As of Dec. 2023)

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What is WAM Microcap Dividend Payout Ratio?

WAM Microcap's dividend payout ratio for the months ended in Dec. 2023 was 1.18.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of WAM Microcap Ltd is 1.28, which seems too high.

The historical rank and industry rank for WAM Microcap's Dividend Payout Ratio or its related term are showing as below:

ASX:WMI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.18 Med: 0.74 Max: 1.28
Current: 1.28

During the past 5 years, the highest Dividend Payout Ratio of WAM Microcap was 1.28. The lowest was 0.18. And the median was 0.74.

ASX:WMI's Dividend Payout Ratio is ranked worse than
74.29% of 953 companies
in the Asset Management industry
Industry Median: 0.8 vs ASX:WMI: 1.28

As of today (2024-05-15), the Dividend Yield % of WAM Microcap is 7.14%.

During the past 5 years, the highest Trailing Annual Dividend Yield of WAM Microcap was 7.52%. The lowest was 2.39%. And the median was 3.77%.

WAM Microcap's Dividends per Share for the months ended in Dec. 2023 was A$0.05.

During the past 12 months, WAM Microcap's average Dividends Per Share Growth Rate was 6.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 24.80% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of WAM Microcap was 27.90% per year. The lowest was 24.80% per year. And the median was 26.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

WAM Microcap Dividend Payout Ratio Historical Data

The historical data trend for WAM Microcap's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WAM Microcap Dividend Payout Ratio Chart

WAM Microcap Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

0.86

0.66

0.18

0.82

WAM Microcap Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial							0.29	-	0.57	1.40	1.18

Competitive Comparison of WAM Microcap's Dividend Payout Ratio

For the Asset Management subindustry, WAM Microcap's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WAM Microcap's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Microcap's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where WAM Microcap's Dividend Payout Ratio falls into.

WAM Microcap Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

WAM Microcap's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.103	/	0.125
	=	0.82

WAM Microcap's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.053	/	0.045
	=	1.18

WAM Microcap (ASX:WMI) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

WAM Microcap Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of WAM Microcap's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

WAM Microcap (ASX:WMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WAM Microcap Ltd (ASX:WMI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.wilsonassetmanagement.com.au

WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

WAM Microcap (ASX:WMI) Headlines

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