Insider Buying: WAM Global Limited (ASX:WGB) Insider Purchases 9,250 Shares of Stock

WAM Global Limited (ASX:WGB) insider Katherine (Kate) Thorley bought 9,250 shares of the stock in a transaction dated Friday, April 19th. The stock was purchased at an average cost of A$2.17 ($1.40) per share, for a total transaction of A$20,072.50 ($12,950.00).

WAM Global Price Performance

WAM Global Increases Dividend

The company also recently announced a Interim dividend, which will be paid on Sunday, April 28th. Stockholders of record on Sunday, April 28th will be issued a $0.06 dividend. This is a positive change from WAM Global’s previous Interim dividend of $0.06. The ex-dividend date is Monday, April 15th. This represents a dividend yield of 2.61%. WAM Global’s dividend payout ratio is presently 50.00%.

About WAM Global

WAM Global Limited is a listed investment company launched and managed by Wilson Asset Management (International) Pty Limited. The firm invests in the public equity markets across the globe. It primarily invests in value stocks of companies. WAM Global Limited is based in Sydney, Australia.