Wam Global Ltd (ASX:WGB) announced a final dividend on Wednesday, July 22nd, MarketIndexAU reports. Shareholders of record on Friday, October 30th will be given a dividend of 0.04 per share on Friday, October 30th. This represents a yield of 2%. The ex-dividend date is Monday, October 19th. This is a boost from Wam Global’s previous final dividend of $0.02.
The business has a fifty day simple moving average of A$1.94 and a two-hundred day simple moving average of A$2.00.
In other news, insider Geoffrey(Geoff) Wilson bought 42,484 shares of the business’s stock in a transaction dated Friday, October 9th. The stock was bought at an average price of A$2.15 ($1.54) per share, for a total transaction of A$91,510.54 ($65,364.67). Insiders bought 561,803 shares of company stock valued at $1,191,745 in the last quarter.
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.
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