Fat Prophets Global Contrarian Fund (ASX:FPC) Insider Acquires A$19,999.96 in Stock

Fat Prophets Global Contrarian Fund Ltd (ASX:FPC) insider Katrina Vanstone bought 15,748 shares of the firm’s stock in a transaction on Tuesday, September 16th. The stock was purchased at an average cost of A$1.27 per share, with a total value of A$19,999.96.

Fat Prophets Global Contrarian Fund Price Performance

The stock has a market cap of $28.21 million and a price-to-earnings ratio of 7.58.

Fat Prophets Global Contrarian Fund Increases Dividend

The business also recently declared a Interim dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 24th were given a $0.05 dividend. This represents a dividend yield of 435.0%. This is a boost from Fat Prophets Global Contrarian Fund’s previous Interim dividend of $0.03. The ex-dividend date was Tuesday, August 26th. Fat Prophets Global Contrarian Fund’s dividend payout ratio (DPR) is presently 40.00%.

Fat Prophets Global Contrarian Fund Company Profile

Fat Prophets Global Contrarian Fund Ltd is a closed-ended equity mutual fund launched and managed by Fat Prophets Funds Management Australia Pty. Ltd. The fund invests in public equity markets of across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks using contrarian approach.