WAM Leaders Limited (ASX:WLE) Insider Purchases A$28,758.08 in Stock

WAM Leaders Limited (ASX:WLE) insider Geoffrey(Geoff) Wilson acquired 23,192 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were purchased at an average cost of A$1.24 ($0.79) per share, for a total transaction of A$28,758.08 ($18,317.25).

WAM Leaders Stock Performance

WAM Leaders Increases Dividend

The business also recently declared a Final dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were issued a dividend of $0.046 per share. The ex-dividend date was Sunday, November 17th. This represents a dividend yield of 3.37%. This is a positive change from WAM Leaders’s previous Final dividend of $0.05. WAM Leaders’s dividend payout ratio (DPR) is currently 450.00%.

About WAM Leaders

WAM Leaders Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund is co-managed by MAM Pty Limited. It invests into public equity and fixed income markets of Australia. The fund seeks to invest in stocks of companies that are operating across diversified sectors.