BUZZ-Australia's WAM Global hits 3-year high on strong HY profit, special dividend

Reuters
02-10
BUZZ-Australia's WAM Global hits 3-year high on strong HY profit, special dividend

** Shares of investment company WAM Global WGB.AX rise as much as 4% to A$2.360, their highest since February 11, 2022

** Co posts HY profit after tax attributable of A$74.9 million ($46.88 million), higher than A$26.5 million last year

** Declares interim dividend of 6.5 Australian cents per share

** Also declares special dividend of 4.0 Australian cents per share

** As of last close, stock was up 1.8% YTD

($1 = 1.5977 Australian dollars)

(Reporting by Himanshi Akhand in Bengaluru)

((Himanshi.Akhand@thomsonreuters.com;))

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