Insider Buying: WAM Capital Limited (ASX:WAM) Insider Buys 70,000 Shares of Stock

WAM Capital Limited (ASX:WAMGet Free Report) insider Geoffrey(Geoff) Wilson bought 70,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 17th. The stock was bought at an average price of A$1.63 ($1.05) per share, for a total transaction of A$114,100.00 ($73,612.90).

WAM Capital Stock Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 30.93 and a current ratio of 30.45.

WAM Capital Announces Dividend

The firm also recently declared a Interim dividend, which will be paid on Monday, April 29th. Stockholders of record on Monday, April 29th will be issued a dividend of $0.077 per share. The ex-dividend date of this dividend is Wednesday, April 17th. This represents a dividend yield of 4.67%. WAM Capital’s dividend payout ratio is 100.00%.

WAM Capital Company Profile

(Get Free Report)

WAM Capital Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund invests in public equity markets of Australia. It makes its investments in companies primarily engaged in the industrial sector. The fund invests in value and growth stocks of small to medium-cap companies.

Further Reading

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