Wam Microcap (ASX:WMI) Stock Price Down 0.4%

Shares of Wam Microcap Ltd (ASX:WMI) dropped 0.4% during mid-day trading on Thursday . The stock traded as low as A$1.41 ($1.00) and last traded at A$1.41 ($1.00), approximately 95,202 shares changed hands during mid-day trading. The stock had previously closed at A$1.42 ($1.00).

The company has a fifty day moving average of A$1.39 and a 200-day moving average of A$1.28.

The company also recently disclosed a Final dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 18th were issued a $0.045 dividend. This represents a yield of 3.52%. The ex-dividend date was Friday, October 4th.

In other news, insider Geoffrey(Geoff) Wilson acquired 40,000 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were bought at an average cost of A$1.40 ($0.99) per share, for a total transaction of A$55,800.00 ($39,574.47).

About Wam Microcap (ASX:WMI)

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.

Read More: Index Funds

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