WAM Microcap Limited (ASX:WMI) Increases Dividend to $0.05 Per Share

WAM Microcap Limited (ASX:WMI) announced a interim dividend on Friday, February 21st, MarketIndexAU Dividends reports. Stockholders of record on Tuesday, April 29th will be given a dividend of 0.053 per share on Tuesday, April 29th. This represents a dividend yield of 3.37%. The ex-dividend date of this dividend is Sunday, April 13th. This is an increase from WAM Microcap’s previous interim dividend of $0.05.

WAM Microcap Price Performance

The company has a market capitalization of $425.34 million and a P/E ratio of 10.02.

About WAM Microcap

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.