Australia's WAM Global hits 3-week high on strong dividend guidance

Wam Global

10/02/2022 04:01

** Shares of the investment management co  WGB.AX  rise as
much as 1.7% to A$2.400, their highest since Jan. 21 
    ** Co says it intends to pay a fully franked interim
dividend of 5.5 AU cents per share, a 10% increase on FY21 fully
franked interim dividend yield  urn:newsml:reuters.com:*:nASXbVzLtl
    ** More than 216,000 shares change hands, compared with the
30-day average volume of ~198,400 shares  
    ** Stock down 1.7% this year, as of last close 

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))