Washington H. Soul Pattinson and Company Limited (ASX:SOL) Insider Purchases A$701,360.00 in Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Robert Millner purchased 20,000 shares of the company’s stock in a transaction on Tuesday, October 8th. The shares were bought at an average price of A$35.07 ($23.54) per share, for a total transaction of A$701,360.00 ($470,711.41).

Robert Millner also recently made the following trade(s):

• On Thursday, October 10th, Robert Millner bought 15,000 shares of Washington H. Soul Pattinson and Company Limited stock. The shares were purchased at an average cost of A$35.07 ($23.54) per share, with a total value of A$526,020.00 ($353,033.56).
• On Thursday, October 3rd, Robert Millner purchased 37,500 shares of Washington H. Soul Pattinson and Company Limited stock. The stock was bought at an average cost of A$35.29 ($23.68) per share, for a total transaction of A$1,323,187.50 ($888,045.30).
• On Friday, September 27th, Robert Millner purchased 100,000 shares of Washington H. Soul Pattinson and Company Limited stock. The stock was bought at an average price of A$34.78 ($23.34) per share, with a total value of A$3,477,500.00 ($2,333,892.62).

Washington H. Soul Pattinson and Company Limited Stock Performance

The company has a debt-to-equity ratio of 8.51, a current ratio of 3.31 and a quick ratio of 2.87.

Washington H. Soul Pattinson and Company Limited Increases Dividend

The firm also recently announced a Final dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, November 7th will be issued a $0.55 dividend. The ex-dividend date is Monday, October 14th. This represents a dividend yield of 1.55%. This is a positive change from Washington H. Soul Pattinson and Company Limited’s previous Final dividend of $0.51. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio is presently 68.84%.

Washington H. Soul Pattinson and Company Limited Company Profile

Washington H. Soul Pattinson and Company Limited, an investment company, engages in investing various industries and asset classes in Australia. It operates through Strategic Portfolio, Large Caps Portfolio, Emerging Companies Portfolio, Private Equity Portfolio, Structured Yield Portfolio, and Property Portfolio segments.