WAM Microcap Limited (ASX:WMI) to Issue $0.05 Interim Dividend

WAM Microcap Limited (ASX:WMI) announced a interim dividend on Friday, May 3rd, MarketIndexAU reports. Stockholders of record on Wednesday, May 29th will be given a dividend of 0.052 per share on Wednesday, May 29th. This represents a dividend yield of 3.62%. The ex-dividend date of this dividend is Thursday, May 16th.

WAM Microcap Price Performance

Insiders Place Their Bets

In other news, insider Geoffrey(Geoff) Wilson bought 21,156 shares of the stock in a transaction dated Tuesday, April 30th. The stock was bought at an average price of A$1.42 ($0.93) per share, for a total transaction of A$29,999.21 ($19,736.32). Company insiders own 7.50% of the company’s stock.

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.