Insider Buying: WAM Strategic Value Limited (ASX:WAR) Insider Purchases A$22,800.00 in Stock

WAM Strategic Value Limited (ASX:WAR) insider Glenn Burge bought 20,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were acquired at an average price of A$1.14 ($0.74) per share, with a total value of A$22,800.00 ($14,805.19).

WAM Strategic Value Stock Performance

WAM Strategic Value Cuts Dividend

The business also recently declared a Interim dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 19th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 0.87%. WAM Strategic Value’s dividend payout ratio (DPR) is presently 50.00%.

About WAM Strategic Value

WAM Strategic Value Limited invests in discounted assets. The company provide capital growth over medium to long term, deliver fully franked dividends and preserve capital. It also offers risk-adjusted returns and intends to invest in LIC. The company was founded in 1997 and is headquartered in Sydney, Australia.