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Regal Asian Investments Increases Target Dividend to 6 Cents Per Share
Company Announcements

Regal Asian Investments Increases Target Dividend to 6 Cents Per Share

Story Highlights
  • Regal Asian Investments Limited offers a concentrated portfolio with Asian market exposure.
  • RG8 has increased its semi-annual dividend target to at least 6 cents per share.
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VGI Partners Asian Investments Ltd ( (AU:RG8) ) has provided an update.

Regal Asian Investments Limited has updated its dividend policy to increase the semi-annual payout to at least 6 cents per share, up from 5 cents. This change, enabled by a strong profit reserve, aims to provide a 5.5% annualized dividend yield, potentially increasing to 7.9% if fully franked. The policy demonstrates RG8’s commitment to delivering stable dividends, supported by its robust financial position, offering over five years of future dividend coverage.

More about VGI Partners Asian Investments Ltd

Regal Asian Investments Limited (ASX:RG8) offers investors access to a concentrated portfolio of long and short investments in securities with exposure to the Asian region. The management of the portfolio transitioned to Regal Funds Management in 2022, reflecting a focus on leveraging their specialist investment expertise.

YTD Price Performance: 0.93%

Average Trading Volume: 121,432

Technical Sentiment Consensus Rating: Strong Sell

For a thorough assessment of RG8 stock, go to TipRanks’ Stock Analysis page.

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