WCM Global Growth Limited Reports $66.7M Net Profit and Increased Final Dividend of 2.35 Cents Per Share at 2026 AGM

Mukul

11 November 2026 12:32 PM AEDT

WCM Global Growth Limited Reports $66.7M Net Profit and Increased Final Dividend of 2.35 Cents Per Share at 2026 AGM

Image Source: Krish Capital Pty Ltd

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WCM Global Growth Limited (ASX:WQG) disclosed a net operating profit after tax of $66,719,000 for the year ended 30 June 2026, alongside an increased fully franked final dividend of 2.35 cents per share paid on 30 September 2026, as presented at the company's 2026 Annual General Meeting on Wednesday, 11 November 2026.

Key Points

Net operating profit after tax for FY2026 was $66,719,000, compared with $69,525,000 for FY2025.
Pre-tax NTA per share rose from $2.03 to $2.18, and after-tax NTA per share rose from $1.80 to $1.94, over FY2026.
The company's portfolio returned 16.58% in FY2026, against the MSCI All-Country World Index (ex-Australia) return of 18.26%.
A March 2026 Capital Raising comprising an Entitlement Offer, Shortfall Offer and Placement raised approximately $84.8 million before costs, issuing approximately 48.5 million new shares.
Total assets reached $604 million as at 30 June 2026, with total shareholders growing 32% to 6,547 over the year.

FY2026 Financial Results and NTA Performance

The company recorded a net operating profit after tax of $66,719,000 for FY2026, compared with $69,525,000 for the prior corresponding period ended 30 June 2025. According to the filing, the after-tax profit is primarily attributed to an increase in the value of the company's investment portfolio and the investment performance of WCM Investment Management, LLC. The pre-tax NTA per share increased from $2.03 to $2.18, while after-tax NTA per share moved from $1.80 to $1.94. These NTA figures were recorded after the payment of four quarterly dividends totalling 8.52 cents per share during the financial year.

Dividend Increase and Forward Dividend Schedule

The board increased its previously advised final dividend for the quarter ended 30 June 2026 from 2.24 cents per share to 2.35 cents per share, fully franked at a 30% tax rate, paid on 30 September 2026 with a record date of 14 September 2026. The board has also disclosed its present intention to pay subsequent fully franked quarterly dividends: 2.45 cents per share for the quarter ended 30 September 2026, payable December 2026; 2.50 cents per share for the quarter ending 31 December 2026, payable March 2027; 2.55 cents per share for the quarter ending 31 March 2027, payable June 2027; and 2.60 cents per share for the quarter ending 30 June 2027, payable September 2027.

Passing of Non-Executive Director Michael Liu

The filing noted that the board was saddened by the unexpected passing of Non-Executive Director Michael Liu in January 2026. A founding director at the time of WCM Global Growth Limited's ASX listing in 2017, Michael Liu served as Chair of the Audit and Risk Committee. The filing described his contributions to the company's governance and noted he was respected for his judgement, professionalism and integrity. The board extended condolences to his family and loved ones. In FY2026, the company traded at an average post-tax NTA premium of 3.1%, compared with an average post-tax NTA discount of 1.9% in FY2025, based on month-end values.

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