Vikas Karlekar Buys 991 Shares of RIT Capital Partners (LON:RCP) Stock

RIT Capital Partners (LON:RCP) insider Vikas Karlekar acquired 991 shares of the business’s stock in a transaction dated Tuesday, May 7th. The stock was acquired at an average cost of GBX 2,005 ($25.19) per share, for a total transaction of £19,869.55 ($24,961.75).

RIT Capital Partners Trading Down 2.0 %

Shares of RIT Capital Partners stock opened at GBX 1,970 ($24.75) on Thursday. RIT Capital Partners has a 12-month low of GBX 1,696 ($21.31) and a 12-month high of GBX 2,030 ($25.50). The company has a quick ratio of 1.06, a current ratio of 1.46 and a debt-to-equity ratio of 10.62. The business’s 50 day moving average is GBX 1,813.32 and its 200-day moving average is GBX 1,812.99. The stock has a market cap of £2.90 billion, a P/E ratio of -1,340.14 and a beta of 0.45.

RIT Capital Partners Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 26th. Shareholders of record on Thursday, April 4th were paid a GBX 19.50 ($0.24) dividend. The ex-dividend date of this dividend was Thursday, April 4th. This represents a yield of 1.1%. This is a boost from RIT Capital Partners’s previous dividend of $19.00. RIT Capital Partners’s dividend payout ratio (DPR) is currently -2,585.03%.

About RIT Capital Partners

RIT Capital Partners plc is a self-managed investment trust. The firm invests in the public equity and currency markets across the globe. It also invests in private investments and equity funds. The firm benchmarks the performance of its portfolio against the RPI plus 3% and MSCI All Country World Index (50% Sterling).