WCM Global Growth Limited (ASX:WQG) Declares Increased Dividend
Dividend Declaration
WCM Global Growth Limited has declared a fully franked dividend of 1.89 cents per share for the quarter ended 31 March 2025. The interim dividend will be paid on 30 June 2025, with a record date of 12 June 2025.
Future Dividends
Following the increased Q3 FY2025 dividend, the Board intends to pay quarterly dividends of 1.91 cps in September 2025, 1.94 cps in December 2025, 1.96 cps in March 2026, and 1.99 cps in June 2026, all fully franked at a 30% tax rate.
Dividend Reinvestment Plan
The Company’s Dividend Reinvestment Plan (DRP) will be available for the Q3 FY2025 dividend, allowing shareholders to reinvest their dividends at a 3% discount to WQG’s volume weighted average share price. Shareholders must elect participation by 17 June 2025.
Strong Investment Performance
Since June 2017, WQG has delivered a 15.45% per annum return after fees, outperforming the MSCI All-Country World Index of 12.51%. The portfolio value of a $10,000 investment has grown to $30,921 as of 30 April 2025.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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