WCM Global Growth Limited (ASX:WQG) has declared a fully franked interim dividend of 2.45 cents per share for the quarter ended 30 September 2026, payable on 31 December 2026 to shareholders on record as at 15 December 2026, the company disclosed on Thursday, 12 November 2026.

Key Points

  • Fully franked dividend of 2.45 cents per share declared for Q1 FY2027, payable 31 December 2026 with a record date of 15 December 2026
  • The Dividend Reinvestment Plan (DRP) will operate for this dividend, with shares issued at the lower of a 3.0% discount to VWAP or pre-tax NTA per share on 18 December 2026
  • The Board intends to pay four further quarterly dividends ranging from 2.50 cps to 2.65 cps through to December 2027, subject to sufficient profit reserves and franking credits
  • Since inception in June 2017 to 31 October 2026, the WQG portfolio has returned 14.78% per annum after fees compared with the benchmark MSCI All-Country World Index (ex. Australia) return of 13.08% per annum

Q1 FY2027 Dividend Terms and Payment Timetable

The Board of WCM Global Growth Limited declared the Q1 FY2027 interim dividend of 2.45 cents per share, fully franked at the 30% tax rate, in line with the company's quarterly progressive dividend policy. The dividend will be paid on 31 December 2026, with a record date of 15 December 2026. Based on a share price of $1.935 per share, investors are expected to receive 10.1 cents per share of fully franked dividends over the next 12 months, equating to a net yield of 5.22% or a gross yield of 7.46% including franking credits, according to the filing.

Forward Quarterly Dividend Schedule

Following payment of the Q1 FY2027 dividend, the Board disclosed its present intention to pay the following fully franked quarterly dividends at the 30% tax rate: 2.50 cents per share for the quarter ending 31 December 2026, to be paid in March 2027; 2.55 cents per share for the quarter ending 31 March 2027, to be paid in June 2027; 2.60 cents per share for the quarter ending 30 June 2027, to be paid in September 2027; and 2.65 cents per share for the quarter ending 30 September 2027, to be paid in December 2027. All future dividends are subject to sufficient profit reserves, franking credits, and corporate, legal and regulatory considerations.

Dividend Reinvestment Plan and Portfolio Performance

The company's Dividend Reinvestment Plan will operate for the Q1 FY2027 dividend, with shares issued at the lower of a 3.0% discount to the five-day VWAP ending 18 December 2026 or the pre-tax NTA per share on 18 December 2026. The DRP election date is Friday, 18 December 2026. All Directors intend to participate in the DRP with respect to their own shareholdings. The filing also states that since listing in June 2017, the company's underlying portfolio, assuming an initial base value of $10,000, has grown to $36,338 as at 31 October 2026.