WAM Capital stock approaches its October 8 ex-dividend date

WAM Capital stock (ISIN AU000000WAM2) was last at AUD 1.14 on the ASX on October 6, 2026 at 4:13 p.m. AEDT, down 1.30 percent from the prior close. The next distribution goes ex-dividend on October 8, 2026, before its scheduled AUD 0.0775 per-share payment on October 21, 2026, according to The Motley Fool Australia.

Dividend date meets payout reset

The October distribution is 60 percent franked and follows total FY2026 distributions of AUD 0.155 per share. The FY2027 target is AUD 0.08 per share, split into intended interim and final payments of AUD 0.04 each, according to Kapitales Research in its September 24, 2026 review.

The reset matters because the FY2026 portfolio return fell 10.5 percent, while the company retained its distribution through accumulated profit reserves. After the final payment, the reserve was reported at AUD 0.056 per share, leaving portfolio earnings as the key test for future payout support.

Losses expose the investment pressure

WAM Capital reported an FY2026 operating loss before tax of AUD 186.7 million, compared with a AUD 304.0 million profit in FY2025. The after-tax result also moved to a loss of AUD 125.9 million from a AUD 219.6 million profit, according to Kapitales Research.

Net tangible assets before tax fell to AUD 1.22 per share on June 30, 2026, from AUD 1.57 a year earlier. That 22.3 percent decline contrasts with the unchanged FY2026 distribution, showing why the dividend headline and the portfolio result point in different directions.

Stock sits near its yearly low

The ASX quote stood 2.70 percent above its 52-week low of AUD 1.11 and 40.93 percent below its 52-week high of AUD 1.93 on October 6, 2026. Market capitalization was AUD 1.3 billion, while volume reached 1,794,024 shares during the session.

WAM Capital invests in a diversified portfolio of undervalued Australian growth companies, with an emphasis on small and medium-sized businesses, according to Wilson Asset Management. For investors, the October 8 ex-dividend date offers the immediate calendar event, while the FY2027 target places the longer-term emphasis on rebuilding portfolio profits.

ASX price and market value

WAM Capital was last at AUD 1.14 on the ASX on October 6, 2026 at 4:13 p.m. AEDT. Its market capitalization was AUD 1.3 billion on the same date.

Upcoming dates for WAM Capital stock

• October 8, 2026: Ex-dividend date
• October 21, 2026: Final dividend payment

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