WAM Capital Limited Plans Interim Dividend of $0.08 (ASX:WAM)

WAM Capital Limited (ASX:WAM) announced a interim dividend on Monday, March 2nd, MarketIndexAU Dividends reports. Investors of record on Thursday, May 28th will be paid a dividend of 0.077 per share on Thursday, May 28th. This represents a dividend yield of 445.0%. The ex-dividend date of this dividend is Sunday, May 17th.

WAM Capital Price Performance

The stock has a market capitalization of $1.81 billion, a PE ratio of 7.82 and a beta of 0.45.

WAM Capital Company Profile

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. It seeks to invest in short-term arbitrage and mispricing opportunities. The fund has absolute returns focus. It employs fundamental and quantitative analysis with a focus on bottom-up approach to make its investments.