Flagship Investments Ltd (ASX:FSI) declared a interim dividend on Tuesday, February 12th, MarketIndexAU reports. Stockholders of record on Friday, March 1st will be paid a dividend of 0.04 per share on Friday, March 1st. This represents a dividend yield of 2.35%. The ex-dividend date is Thursday, February 14th.
Shares of Flagship Investments stock remained flat at $A$1.70 ($1.21) during trading hours on Tuesday. 14,289 shares of the stock traded hands. The firm has a market cap of $43.36 million and a price-to-earnings ratio of 77.27.
In related news, insider Emmanuel (Manny) Pohl bought 32,314 shares of the stock in a transaction dated Wednesday, January 9th. The stock was acquired at an average price of A$1.66 ($1.17) per share, for a total transaction of A$53,479.67 ($37,928.84).
Flagship Investments Limited is a close ended equity mutual fund launched and managed by EC. Pohl & Company. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund employs a combination of fundamental and quantitative analysis with a focus on factors such as management stability, organic growth, sustainable competitive, and financial statements to build its portfolio.
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