Christopher Mackay Purchases 475,426 Shares of MFF Capital Investments Limited (MFF.AX) (ASX:MFF) Stock

Posted by Adam Masters on Feb 22nd, 2021 // Comments off

MFF Capital Investments Limited (MFF.AX) (ASX:MFF) insider Christopher Mackay acquired 475,426 shares of the business’s stock in a transaction that occurred on Friday, February 19th. The shares were acquired at an average cost of A$2.58 ($1.84) per share, with a total value of A$1,226,599.08 ($876,142.20).

Christopher Mackay also recently made the following trade(s):

On Friday, February 12th, Christopher Mackay bought 347,742 shares of MFF Capital Investments Limited (MFF.AX) stock. The stock was purchased at an average cost of A$2.59 ($1.85) per share, with a total value of A$900,651.78 ($643,322.70).
On Wednesday, February 3rd, Christopher Mackay bought 157,000 shares of MFF Capital Investments Limited (MFF.AX) stock. The stock was purchased at an average cost of A$2.60 ($1.86) per share, with a total value of A$408,200.00 ($291,571.43).

The stock’s 50-day moving average price is A$2.88.

The business also recently disclosed a Interim dividend, which will be paid on Friday, May 14th. Stockholders of record on Friday, May 14th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, April 23rd. This is an increase from MFF Capital Investments Limited (MFF.AX)’s previous Interim dividend of $0.03. This represents a dividend yield of 1.12%. MFF Capital Investments Limited (MFF.AX)’s payout ratio is currently -26.43%.

MFF Capital Investments Limited (MFF.AX) Company Profile

MFF Capital Investments Limited is a closed ended equity mutual fund launched and managed by Magellan Asset Management Limited. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in value stocks of companies.

Christopher Mackay Purchases 475,426 Shares of MFF Capital Investments Limited (MFF.AX) (ASX:MFF) Stock

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