Brendan O’Connor Sells 490,252 Shares of Regal Partners Limited (ASX:RPL) Stock

Regal Partners Limited (ASX:RPL) insider Brendan O’Connor sold 490,252 shares of the firm’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of A$2.84 ($1.81), for a total value of A$1,392,315.68 ($886,825.27).

Brendan O’Connor also recently made the following trade(s):

• On Wednesday, March 12th, Brendan O’Connor sold 45,055 shares of Regal Partners stock. The shares were sold at an average price of A$2.84 ($1.81), for a total value of A$127,956.20 ($81,500.76).

Regal Partners Price Performance

The firm has a market capitalization of $1.31 billion, a PE ratio of 19.77 and a beta of 2.08.

Regal Partners Increases Dividend

The company also recently disclosed a Final dividend, which was paid on Sunday, March 16th. Shareholders of record on Sunday, March 16th were issued a dividend of $0.10 per share. This is a positive change from Regal Partners’s previous Final dividend of $0.04. The ex-dividend date of this dividend was Sunday, March 2nd. This represents a dividend yield of 2.63%. Regal Partners’s dividend payout ratio (DPR) is presently 80.00%.

Regal Partners Company Profile

Regal Partners Limited is a privately owned hedge fund sponsor. The firm invests in the public equity and hedging markets across the globe with a focus on Australia. It employs market neutral and absolute return strategies to make its investments. The firm also employs fundamental analysis along with bottom up stock picking approach to create its portfolios.