Regal Asian Investments Announces AUD 0.06 Dividend for H1 2024

Dividend Announcement Details

Regal Asian Investments Limited (ASX: RG8) has declared an ordinary dividend of AUD 0.06 per share, fully franked at the 30% corporate tax rate. This dividend covers the six-month financial period ending 31 December 2024, reflecting the company’s ongoing commitment to delivering shareholder returns amid a dynamic investment environment.

The dividend will be paid on 24 March 2025, with the ex-dividend date set for 20 February 2025 and the record date on 21 February 2025. Shareholders registered by the record date will be eligible to receive the payment.

Dividend Reinvestment Plan Details

Regal Asian Investments continues to offer a Dividend Reinvestment Plan (DRP), allowing shareholders to reinvest their dividends into additional shares rather than receiving cash. Notably, the DRP carries no discount on the share price, which will be calculated as the lesser of the most recent weekly Net Tangible Assets (NTA) price released prior to the record date or the average price of shares acquired under the DRP during the reinvestment period from 25 February to 24 March 2025.

The DRP participation requires a minimum holding of 2,000 shares and is open to shareholders with an Australian or New Zealand address. The default option for shareholders who do not elect to participate is to receive the dividend in cash.

Implications and Market Context

This dividend announcement signals Regal Asian Investments’ stable financial footing and its ability to generate consistent income for investors. The fully franked nature of the dividend enhances its attractiveness, particularly for Australian investors seeking tax-effective income streams.

Given the company’s focus on Asian markets, the dividend also reflects the underlying performance of its investment portfolio in a region that continues to offer growth opportunities despite global economic uncertainties. The absence of any required external approvals for the dividend payment further underscores the straightforward nature of this distribution.

Investors will be watching how the dividend and DRP uptake influence the company’s share price and liquidity in the coming weeks, especially as the ex-dividend date approaches.