Insider Buying: WAM Strategic Value Limited (ASX:WAR) Insider Acquires 20,000 Shares of Stock

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

WAM Strategic Value Stock Performance

WAM Strategic Value Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 19th will be issued a dividend of $0.01 per share. This represents a yield of 0.87%. The ex-dividend date of this dividend is Thursday, November 21st. WAM Strategic Value’s dividend payout ratio is currently 50.00%.

WAM Strategic Value Company Profile

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.