WAM Active Limited (ASX:WAA) Plans $0.01 Interim Dividend

WAM Active Limited (ASX:WAA) announced a interim dividend on Thursday, January 8th, MarketIndexAU Dividends reports. Stockholders of record on Monday, June 29th will be paid a dividend of 0.01 per share on Monday, June 29th. This represents a dividend yield of 93.0%. The ex-dividend date is Tuesday, June 16th.

WAM Active Stock Performance

The company has a market cap of $67.58 million, a PE ratio of 8.10 and a beta of 0.75.

About WAM Active

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.