WAM Leaders Limited (ASX:WLE) Increases Dividend to $0.05 Per Share

WAM Leaders Limited (ASX:WLE) declared a interim dividend on Friday, February 14th,MarketIndexAU Dividends reports. Stockholders of record on Monday, April 28th will be paid a dividend of 0.047 per share on Monday, April 28th. This represents a dividend yield of 3.59%. The ex-dividend date is Thursday, April 10th. This is a positive change from WAM Leaders’s previous interim dividend of $0.05.

WAM Leaders Price Performance

The firm has a market cap of $1.77 billion and a P/E ratio of 1.29.

Insider Activity

In other WAM Leaders news, insider Geoffrey(Geoff) Wilson acquired 23,192 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were bought at an average cost of A$1.24 ($0.78) per share, with a total value of A$28,758.08 ($18,201.32). In the last three months, insiders have bought 86,238 shares of company stock valued at $106,341. 5.02% of the stock is currently owned by insiders.

WAM Leaders Company Profile

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.