By David Rogers
WAM Global Limited plans to boost its dividend after a solid investment performance.
The investment return of the listed investment company managed by Wilson Asset Management was 14.6 per cent before fees in the financial year to November 30, exceeding a 10.3 per cent rise in its benchmark MSCI World Index in Australian dollars.
Assuming no material adverse changes in market conditions, the board of directors has decided to pay a fully-franked dividend for the 2021 financial year to 5 cents per share, from 4 cents last year.
Read more in The Australian.