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

RIT Capital Partners (LON:RCP) insider Vikas Karlekar bought 991 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was purchased 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 Price Performance

LON RCP opened at GBX 1,968 ($24.72) on Friday. 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 firm has a market capitalization of £2.90 billion, a P/E ratio of -1,338.78 and a beta of 0.45. The company has a 50-day moving average price of GBX 1,817.40 and a 200-day moving average price of GBX 1,814.07. RIT Capital Partners has a 52 week low of GBX 1,696 ($21.31) and a 52 week high of GBX 2,030 ($25.50).

RIT Capital Partners Increases Dividend

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

RIT Capital Partners Company Profile

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).