Key highlights

  • Regal Partners Limited (ASX:RPL) shares were priced at $2.020 during the trading session on 22 October 2026, down 0.492% (down $0.009), and it carries an annual dividend yield of 13.36%.
  • The latest dividend was an interim dividend of 12.0 cents per share with an ex-date of 28 August 2026 and a payment date of 30 September 2026, franked at 100%.
  • Its 1H26 results, dated 24 August 2026, reported normalised NPAT of $93.3 million and a fully franked 12 cent dividend, and its 14 October 2026 update reported funds under management of $21.9 billion.

Regal Partners Limited (ASX:RPL) shares were priced at $2.020 during the trading session on 22 October 2026, down 0.492% (down $0.009). The stock carries an annual dividend yield of 13.36%, and its latest dividend is 12.0 cents per share. Regal Partners is an ASX-listed specialist alternative investment manager. Its 1H26 results, dated 24 August 2026, reported normalised NPAT of $93.3 million and a fully franked 12 cent dividend, and its 14 October 2026 update reported funds under management of $21.9 billion.

Trading snapshot

During the session on 22 October 2026, RPL traded at $2.020, down 0.492% (down $0.009), against a previous close of $2.030. The day range was $2.000 to $2.050, the bid-offer range was $2.020 to $2.140, and 1,226,944 shares had changed hands, compared with an average daily volume of 1,488,041. Market capitalisation is $844.83 million, and there are 416,173,131 shares on issue. The company listed on 21 June 2019.

Fundamentals include a P/E ratio of 3.98, EPS of $0.509, revenue of $369.02 million, net profit of $130.54 million, enterprise value of $647.82 million, total assets of $1.11 billion and total liabilities of $168.27 million.

About Regal Partners Limited: business overview

Regal Partners Limited is a specialist alternatives investment manager based in Sydney. Its strategies include hedge funds, credit and royalties, growth equity, real and natural assets and multi-strategy funds, and it earns management, loan and performance fees.

1H26 results (24 August 2026)

Regal reported normalised NPAT of $93.3 million, up 108% on the prior corresponding period, statutory NPAT of $94.1 million, up 258%, and funds under management of $21.4 billion at 30 June 2026 after a record half-year of net inflows of $1.4 billion. Normalised performance fees were $118.7 million, normalised fully diluted EPS were 21.4 cents, up 104%, and normalised management and loan fee revenue rose 14%.

The company declared a fully franked 1H26 dividend of 12 cents per share, with an ex-date of 28 August 2026, a record date of 31 August 2026 and a payment date of 30 September 2026. It reported approximately $290 million of balance sheet capital pro forma after the dividend, an undrawn $130 million bank facility and surplus franking credits.

September 2026 FUM update (14 October 2026)

Regal reported funds under management of approximately $21.9 billion at 30 September 2026, up 2.4% over the quarter, with net inflows of about $0.7 billion, the 12th consecutive quarter of positive flows, and just over $2.0 billion of net inflows over nine months. Hedge fund strategies drove the quarter’s inflows, including $0.4 billion raised for PM Capital Global Opportunities Fund Limited (ASX:PGF) and a $0.2 billion credit commitment from a sovereign fund.

The dividend and the yield figure

RPL carries an annual dividend yield of 13.36%. The latest dividend is described as an interim dividend of 12.0 cents per share, with an ex-date of 28 August 2026, a record date of 31 August 2026 and a payment date of 30 September 2026. Franking is 100%.

The latest dividend alone is equal to about 5.9% of the share price of $2.020, a figure calculated for this article. The annual yield is quoted as an annual measure and is higher than that figure, which means it reflects more than the latest single dividend. Annual yield figures are not forecasts and are not a recommendation.

Related sector context

Listed investment managers and listed investment companies earn from management and performance fees or from investment portfolios, so their earnings and distributions can move with markets, fund flows and investment performance. Companies in the segment commonly report funds under management, fee revenue, net profit and dividends, and several pay a high proportion of earnings or reserves as dividends.

Risks to weigh in

Regal’s earnings include performance fees, which depend on investment outcomes and can vary widely between periods, and normalised measures exclude some items. Funds under management move with markets and flows, and the company’s dividend capacity depends on cash generation and franking credits. The announcement notes that past performance is not a reliable indicator of future performance.

Catalysts on watch

Regal’s full-year 2026 results and any final dividend.

Quarterly funds under management and net flow updates.

Performance fee outcomes across its strategies.

Wrapping up

Regal carries a 13.36% annual yield, supported by a fully franked 12 cent interim dividend, higher first-half profit and growing funds under management. The next quarterly update and results will show whether that momentum continues.