Insider Buying: Fat Prophets Global Contrarian Fund (ASX:FPC) Insider Buys 23,622 Shares of Stock

Fat Prophets Global Contrarian Fund Ltd (ASX:FPCGet Free Report) insider Angus Geddes acquired 23,622 shares of the stock in a transaction on Tuesday, September 16th. The shares were purchased at an average cost of A$1.27 per share, with a total value of A$29,999.94.

Fat Prophets Global Contrarian Fund Stock Performance

The firm has a market cap of $28.21 million and a P/E ratio of 7.58.

Fat Prophets Global Contrarian Fund Increases Dividend

The firm also recently announced a Interim dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 24th were issued a dividend of $0.05 per share. This is a boost from Fat Prophets Global Contrarian Fund’s previous Interim dividend of $0.03. The ex-dividend date was Tuesday, August 26th. This represents a dividend yield of 435.0%. Fat Prophets Global Contrarian Fund’s dividend payout ratio (DPR) is presently 40.00%.

About Fat Prophets Global Contrarian Fund

(Get Free Report)

Fat Prophets Global Contrarian Fund Ltd is a closed-ended equity mutual fund launched and managed by Fat Prophets Funds Management Australia Pty. Ltd. The fund invests in public equity markets of across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks using contrarian approach.

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