Brendan O’Connor Sells 50,500 Shares of Regal Partners (ASX:RPL) Stock

Regal Partners Limited (ASX:RPL) insider Brendan O’Connor sold 50,500 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of A$2.85, for a total transaction of A$144,127.00.

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

• On Friday, September 19th, Brendan O’Connor sold 1,000,000 shares of Regal Partners stock. The shares were sold at an average price of A$2.87, for a total transaction of A$2,872,000.00.
• On Thursday, September 25th, Brendan O’Connor sold 50,000 shares of Regal Partners stock. The shares were sold at an average price of A$2.95, for a total transaction of A$147,450.00.

Regal Partners Stock Performance

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

Regal Partners Cuts Dividend

The firm also recently declared a Interim dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 30th were given a $0.06 dividend. The ex-dividend date of this dividend was Thursday, August 28th. This represents a yield of 214.0%. Regal Partners’s dividend payout ratio (DPR) is presently 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.