WAM Microcap Limited (ASX:WMI) Announces Dividend Increase – $0.05 Per Share

WAM Microcap Limited (ASX:WMI) announced a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Investors of record on Tuesday, April 29th will be paid a dividend of 0.053 per share on Tuesday, April 29th. This represents a yield of 3.37%. The ex-dividend date is Sunday, April 13th. This is an increase from WAM Microcap’s previous interim dividend of $0.05.

WAM Microcap Stock Performance

The stock has a market cap of $425.34 million and a PE ratio of 10.02.

WAM Microcap Company Profile

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.