WAM Microcap Limited (ASX:WMI) Insider Acquires A$29,999.21 in Stock

WAM Microcap Limited (ASX:WMI) insider Geoffrey(Geoff) Wilson purchased 21,156 shares of the stock in a transaction dated Tuesday, April 30th. The shares were bought at an average price of A$1.42 ($0.93) per share, with a total value of A$29,999.21 ($19,736.32).

WAM Microcap Stock Performance

WAM Microcap Announces Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Wednesday, May 29th. Investors of record on Wednesday, May 29th will be issued a $0.052 dividend. The ex-dividend date is Thursday, May 16th. This represents a yield of 3.62%. WAM Microcap’s dividend payout ratio (DPR) is presently 76.92%.

About WAM Microcap

WAM Microcap Limited is a closed-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It invests in stocks of companies operating across diversified sectors. The fund invests in value and growth stocks of micro-cap companies with a market capitalization of less than $300 million.