Regal Partners Declares 6c Fully Franked Dividend, Revises Dividend Policy
Regal Partners Global Investments has declared a fully franked interim dividend of 6 cents per share, signalling robust portfolio performance. The company also updates its dividend policy to prioritise realised gains and franking credits over fixed payouts.
- 6 cents per share fully franked interim dividend declared
- Dividend payable on 23 March 2026
- New dividend policy focuses on realised gains and franking credits
- Board committed to ongoing capital management including share buy-back
- Company name changed from VGI Partners Global Investments in November 2025
Strong Interim Dividend Reflects Portfolio Strength
Regal Partners Global Investments Limited (ASX – RG1) has announced a fully franked interim dividend of 6 cents per share, payable on 23 March 2026. This dividend follows a period of strong portfolio performance and underscores the company’s solid financial position. The fully franked nature of the dividend is particularly appealing to shareholders seeking tax-effective income streams.
A Strategic Shift in Dividend Policy
Alongside the dividend announcement, the Board revealed an important update to its dividend policy. Rather than targeting a fixed dividend per share as in the past, the company will now place greater emphasis on the quantum of realised gains and the availability of franking credits when determining dividend payments. This medium-term approach aims to build a reserve of realised gains and franking credits, ensuring dividends remain sustainable and fully franked.
Capital Management and Shareholder Returns
The Board reaffirmed its commitment to capital management initiatives that support shareholder returns, including an on-market share buy-back program. This dual focus on dividends and buy-backs signals a balanced approach to returning capital to shareholders while maintaining financial flexibility.
Context of Recent Changes
Notably, the company underwent a rebranding in November 2025, changing its name and ticker from VGI Partners Global Investments Limited (ASX – VG1) to Regal Partners Global Investments Limited (ASX – RG1). This update to the dividend policy may be seen as part of a broader strategic repositioning under the Regal Partners banner.
Looking Ahead
Investors will be watching closely how the new dividend policy plays out in practice, particularly how realised gains and franking credits accumulate over time. The company’s ability to sustain fully franked dividends while managing capital effectively will be a key factor in maintaining investor confidence.
Bottom Line?
Regal Partners’ updated dividend approach signals a more flexible, gains-driven payout strategy that investors will want to monitor closely.
Questions in the middle?
- How will the focus on realised gains affect dividend consistency in volatile markets?
- What impact will the updated policy have on the company’s franking credit reserves over time?
- How might the share buy-back program complement or compete with dividend returns?
