WAM Capital Limited (ASX:WAM) Insider Purchases A$20,055.42 in Stock

WAM Capital Limited (ASX:WAM) insider Geoffrey(Geoff) Wilson bought 13,023 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average cost of A$1.54 ($0.96) per share, for a total transaction of A$20,055.42 ($12,534.64).

Geoffrey(Geoff) Wilson also recently made the following trade(s):

• On Monday, December 16th, Geoffrey(Geoff) Wilson acquired 18,232 shares of WAM Capital stock. The stock was purchased at an average price of A$1.53 ($0.96) per share, with a total value of A$27,894.96 ($17,434.35).
• On Friday, December 13th, Geoffrey(Geoff) Wilson acquired 18,565 shares of WAM Capital stock. The shares were purchased at an average price of A$1.54 ($0.96) per share, for a total transaction of A$28,590.10 ($17,868.81).
• On Friday, December 6th, Geoffrey(Geoff) Wilson bought 21,932 shares of WAM Capital stock. The stock was purchased at an average price of A$1.54 ($0.96) per share, with a total value of A$33,709.48 ($21,068.43).

WAM Capital Price Performance

The company has a quick ratio of 30.93, a current ratio of 30.45 and a debt-to-equity ratio of 0.10.

WAM Capital Dividend Announcement

The firm also recently announced a Final dividend, which was paid on Wednesday, October 30th. Investors of record on Wednesday, October 30th were paid a $0.077 dividend. The ex-dividend date was Sunday, October 20th. This represents a yield of 4.8%. WAM Capital’s payout ratio is currently 76.19%.

About WAM Capital

WAM Capital Limited is a close-ended equity mutual fund launched and managed by Wilson Asset Management (International) Pty Limited. The fund invests in public equity markets of Australia. It makes its investments in companies primarily engaged in the industrial sector. The fund invests in value and growth stocks of small to medium-cap companies.