Wam Microcap Limited Announces Dividend for the Six Months Ended December 31, 2019, Payable on April 21, 2020
April 09, 2020 at 02:52 am EDT
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WAM Microcap Limited announced ordinary dividend of AUD 0.03000000 per security for the six months ended December 31, 2019. The dividend will be paid on April 21, 2020, record date is April 7, 2020 and ex-date is April 6, 2020.
WAM Microcap Limited is an Australia-based investment company. The principal activity of the Company is making investments in listed companies. The Companyâs investment objectives are to deliver a stream of fully franked dividends, provide capital growth in the medium-to-long term and preserve capital. The Company engages in investing activities, including cash, term deposits and equity investments. It provides investors with exposure to a diversified portfolio of undervalued growth companies listed on the Australian Securities Exchange (ASX). It provides investors access to a portfolio of undervalued micro-cap growth companies with a market capitalization of less than $300 million at the time of acquisition. It also provides exposure to relative value arbitrage and market mispricing opportunities. Its diversified investment portfolio by sector includes consumer discretionary, industrials, information technology, financials, and others. Its investment manager is MAM Pty Limited.