WAM Microcap Limited (ASX:WMI – Get Rating) declared a interim dividend on Wednesday, April 5th, MarketIndexAU reports. Investors of record on Sunday, April 23rd will be given a dividend of 0.052 per share on Sunday, April 23rd. This represents a yield of 3.32%. The ex-dividend date of this dividend is Tuesday, April 11th. This is a boost from WAM Microcap's previous interim dividend of $0.05.
WAM Microcap Price Performance
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In related news, insider Geoffrey(Geoff) Wilson bought 61,754 shares of the business's stock in a transaction on Thursday, March 16th. The stock was acquired at an average price of A$1.55 ($1.05) per share, for a total transaction of A$95,409.93 ($64,904.71). 7.53% of the stock is currently owned by corporate insiders.
About WAM Microcap
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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.
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