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 dated Friday, March 14th. The shares were sold at an average price of A$2.84 ($1.81), for a total transaction 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 company 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 firm also recently announced a Final dividend, which was paid on Sunday, March 16th. Shareholders of record on Sunday, March 16th were paid a dividend of $0.10 per share. This represents a yield of 2.63%. The ex-dividend date was Sunday, March 2nd. This is a boost from Regal Partners’s previous Final dividend of $0.04. Regal Partners’s payout ratio is 80.00%.

About Regal Partners

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.