WAM Active (ASX:WAA) Insider Simon Poidevin Buys 22,550 Shares of Stock

WAM Active Limited (ASX:WAA) insider Simon Poidevin purchased 22,550 shares of WAM Active stock in a transaction dated Monday, February 9th. The stock was bought at an average price of A$1.02 per share, for a total transaction of A$23,001.00.

Simon Poidevin also recently made the following trade(s):

• On Friday, February 6th, Simon Poidevin bought 37,450 shares of WAM Active stock. The shares were bought at an average price of A$1.00 per share, for a total transaction of A$37,450.00.

WAM Active Stock Performance

The company has a market capitalization of $67.58 million, a price-to-earnings ratio of 8.10 and a beta of 0.75.

WAM Active Cuts Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 29th will be paid a dividend of $0.01 per share. This represents a yield of 93.0%. The ex-dividend date of this dividend is Tuesday, June 16th. WAM Active’s dividend payout ratio (DPR) is presently 54.55%.

WAM Active Company Profile

WAM Active Limited is a close-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It seeks to invest in stocks of companies that are operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It also invests in bills of exchange, other negotiable investments, and debentures. The fund seeks to take advantage of opportunities created by corporate transactions and other trading and arbitrage opportunities.