WCM Global Growth's Q3 FY2024 dividend declaration

WCM Global Growth Limited (ASX: $WQG) has declared a fully franked quarterly dividend of 1.74 cents per share for the quarter ended 31 March 2024. The dividend will be paid on 28 June 2024, with a record date of 14 June 2024. The Board also reaffirms its intention to pay subsequent quarterly dividends and announces its present intention to pay a quarterly dividend with respect to the quarter ending 31 March 2025.

Executive commentary on dividend declaration and policy

The increased fully franked Q3 FY2024 interim dividend and the progressive quarterly dividend policy are important initiatives to add shareholder value as they increase the amount and frequency of dividends and provide shareholders with dividends sooner than would otherwise be the case. The Company's Dividend Reinvestment Plan (DRP) will be in operation for the fully franked Q3 FY2024 Dividend of 1.74 cents per share and the DRP continues to have strong support from shareholders.

Summary of WCM Global Growth's dividend declaration and outlook

WCM Global Growth Limited (ASX: $WQG) has declared a fully franked quarterly dividend of 1.74 cents per share for the quarter ended 31 March 2024, with a record date of 14 June 2024 and payment date on 28 June 2024. The Board reaffirms its intention to pay subsequent quarterly dividends and announces its present intention to pay a quarterly dividend with respect to the quarter ending 31 March 2025. The Company's progressive dividend policy aims to increase shareholder value by enhancing the amount and frequency of dividends. Shareholders are also encouraged to participate in the Dividend Reinvestment Plan (DRP) for the Q3 FY2024 Dividend, which continues to have strong support from shareholders.