Insider Buying: WAM Global Limited (ASX:WGB) Insider Acquires 9,250 Shares of Stock

WAM Global Limited (ASX:WGB) insider Katherine (Kate) Thorley bought 9,250 shares of the business’s stock in a transaction on Friday, April 19th. The shares were bought at an average price of A$2.17 ($1.40) per share, for a total transaction of A$20,072.50 ($12,950.00).

WAM Global Price Performance

WAM Global Increases Dividend

The firm also recently declared a Interim dividend, which will be paid on Sunday, April 28th. Stockholders of record on Sunday, April 28th will be given a $0.06 dividend. This is an increase from WAM Global’s previous Interim dividend of $0.06. This represents a dividend yield of 2.61%. The ex-dividend date of this dividend is Monday, April 15th. WAM Global’s dividend payout ratio (DPR) is currently 50.00%.

WAM Global Company Profile

WAM Global Limited is a listed investment company launched and managed by Wilson Asset Management (International) Pty Limited. The firm invests in the public equity markets across the globe. It primarily invests in value stocks of companies. WAM Global Limited is based in Sydney, Australia.