WAM Microcap Limited (WMI) to Issue Final Dividend of $0.05 on October 28th

WAM Microcap Limited (ASX:WMI) announced a final dividend on Tuesday, August 26th, MarketIndexAU Dividends reports. Stockholders of record on Tuesday, October 28th will be paid a dividend of 0.053 per share on Tuesday, October 28th. This represents a dividend yield of 321.0%. The ex-dividend date of this dividend is Wednesday, October 15th. This is a 1.9% increase from WAM Microcap’s previous final dividend of $0.05.

WAM Microcap Price Performance

The stock has a market cap of $425.34 million and a price-to-earnings ratio of 10.02.

WAM Microcap Company Profile

WAM Microcap Limited is a closed-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It invests in stocks of companies operating across diversified sectors. The fund invests in value and growth stocks of micro-cap companies with a market capitalization of less than $300 million.