Insider Buying: Regal Partners Limited (ASX:RPL) Insider Acquires 60,000 Shares of Stock

Regal Partners Limited (ASX:RPL) insider Michael Cole purchased 60,000 shares of Regal Partners stock in a transaction on Thursday, April 10th. The shares were acquired at an average cost of A$1.74 ($1.10) per share, for a total transaction of A$104,220.00 ($65,962.03).

Michael Cole also recently made the following trade(s):

• On Wednesday, March 5th, Michael Cole purchased 10,000 shares of Regal Partners stock. The stock was bought at an average price of A$2.98 ($1.89) per share, with a total value of A$29,800.00 ($18,860.76).

Regal Partners Price Performance

The company has a market cap of $1.31 billion, a price-to-earnings ratio of 19.77 and a beta of 2.08.

Regal Partners Increases Dividend

The business also recently declared a Final dividend, which was paid on Sunday, March 16th. Stockholders of record on Sunday, March 16th were given a dividend of $0.10 per share. This is a boost 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.