Insider Buying: WAM Capital Limited (ASX:WAM) Insider Buys 18,232 Shares of Stock

WAM Capital Limited (ASX:WAM) insider Geoffrey(Geoff) Wilson purchased 18,232 shares of the company’s stock in a transaction on Monday, December 16th. The stock was acquired at an average price of A$1.53 ($0.95) per share, with a total value of A$27,894.96 ($17,326.06).

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

• On Friday, December 13th, Geoffrey(Geoff) Wilson bought 18,565 shares of WAM Capital stock. The stock was acquired at an average price of A$1.54 ($0.96) per share, for a total transaction of A$28,590.10 ($17,757.83).
• On Friday, December 6th, Geoffrey(Geoff) Wilson bought 21,932 shares of WAM Capital stock. The shares were acquired at an average price of A$1.54 ($0.95) per share, with a total value of A$33,709.48 ($20,937.57).

WAM Capital Price Performance

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

WAM Capital Announces Dividend

The company also recently declared a Final dividend, which was paid on Wednesday, October 30th. Stockholders of record on Wednesday, October 30th were issued a $0.077 dividend. This represents a dividend yield of 4.8%. The ex-dividend date of this dividend was Sunday, October 20th. WAM Capital’s dividend 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.